Most interesting to me this morning are the financial implications of all these things and let’s start with Japan. Monumental doesn’t seem to describe the unholy mess there, just the sheer awfulness of all that mud, twisted steel, radioactive trash,…
Reuters Link
I am a little confused by this article. Um, can’t the Fed just print money? Last time I check the answer is YES, so then how could they ever go broke or need a bailout?
Anytime the broad stock market indexes (a la Dow Jones, S&P 500 and Nasdaq ) rally more than 80% in two-year span it shoud be concerning. I think the last time this happened was in the 1930s. So there is plenty of fodder for the bears who think st…