My prediction on the limited amount of information available is that whatever the government comes up with be highly inflationary. Government tends to have this theory that money will solve everything so if they keep throwing money at this problem it will just go away. Sorry folks it won’t. Unless Paulson and Bernanke can pull some kind of rabbit out of their hats there is nothing else to do but wait for the market to crash. The fact that the market rallied September 18th is proof that the market is looking for any possible excuse to stop the market from falling. I even expect the market to rally on September 19th. Nobody wants to face the fact that a great depression is just around the corner. US economy is like a drowning man these most recent rallies are like his last breaths before sliding beneath the surface of the water forever.
“We’re coming together to work for an expeditious solution which is aimed right at the heart of this problem,” Paulson said.
Six months ago he said that the credit crisis was contained. Oh how things change.
On the plus side if you can buy rental property you can still make a fortune yes even during the coming depression. People will need a place to stay and not everyone is going to be homeless. Seriously Forget The Stock Market!! Buy Up Rental Property!!!! Forget Appreciation!!! Think Wealth Preservation!!! Think Cashflow!! For Crying Out Loud Just Think!!!!
— Justin of Vizionkc