Why do we have to support each other globally with $ ?
Cant counries offer other ways of support?
Where there are strengths in one market is there a way to offer help to another and delay desrtuction or swap value?
Instead of speading up an already red hot situation, whats wrong with slowing down..correcting the errors and clarifying the mistakes..which takes time,global scrutiny and careful regulation.
The market is acting like nature, perhaps human nature too. Theres a big problem in the financial world and it is ceasing up, giving everyone time to understand the mistakes and expressing the loss of faith in a faulty system. How can governments expect to over-ride this and for what purpose? To hide or protect the flaws? Why?
The US Treasurer and all the regulators are only human. How can they see the whole picture as each peice of this puzzle is falling apart,to be adjusted,regulated and fixed. After some time the players will have sorted it out and through pain found a solution, restoring confidence enough to start a new game.imo.
I dont think that throwing more fuel into this fire will help the process. An old economic theory might call for stimulus but was that theory devised with all of the complexity existing in todays financial markets?
Global co-operation is required but are $ the only way we can do that? Handouts dont stimulate/motivate like a bushfire or draught. If the government used these motivators and offered work in these affected areas I think that people would generate far more value to this country than a $950 handout with a fear message attatched.
