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And the ECB just announced more stimulus. The BoJ has gone further than anyone else by directly participating in the market by buying up japanese stocks for a f
by dntbnmpls 7y ago
And the ECB just announced more stimulus. The BoJ has gone further than anyone else by directly participating in the market by buying up japanese stocks for a few years now. The FED is probably signing up for a brokerage account at etrade right now.
For all the talk about capitalism, market economics and "something something bootstraps", the wealthy sure love being bailed out. But apparently, we are told it's for our benefit. Isn't that nice.
So is this the new normal? Continuous and neverending bailouts?
It was just 12 years ago that bernanke, paulson, etc justified the bailouts as once in a lifetime event. Are human lifetimes just 12 years now?