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1. I believe the most panic person is Bush and the Bernxxx. I agree they are delaying the inevitable. 2. The last few drastic actions by Bush and the banks vindicated that the America is actually in recession. 3. I do not think any measures can save the Amercia economy because they are...

For whatever reason, I agree with you. I see the all ords at 5000 by end of 2008 and Dow at 10000. I also agree with you that 1-2 rate cuts around 2009. I read Steve Glenns speach --- " It is conceivable, therefore, that a somewhat less favourable short‑term relationship between economic...