The cognitive dissidence displayed has led me to refrain from partaking in yet another circular argument. There are several posters here who operate strictly from an agenda standpoint, which has gotten boring as of lately.

A few points to make:

First off, there is such thing as a business cycle. :thumbsup:

Secondly, liquidation and recapitalization is the life blood of a recovering market. Right now, this is being artificially implemented. There are a great deal of reasons for doing so, one is to forestall a global currency crash. Money as we have today, is not real. It has ballooned to the point where economies that partake in fiat after a period of time require even more fictional measures to live. I truly believe that what we are experiencing now will be a constant decade function, where the need will only increase in a given period of time; until bailouts are occuring every month and band aids no longer work.

If unilateral (true) deregulation of the markets is not achieved, they will eventually implode. All fiat has failed, at a rate of 100%. It is only a matter of time. I only hope i am dead and gone when it does happen.