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By purplewolf, January 23, 2008 at 1:55 pm Link to this comment
Bush says: Hey, wait, does this guy have a DNR?
By Jake, January 23, 2008 at 1:46 pm Link to this comment
This character looks almost like President Hoover!
By Douglas Chalmers, January 23, 2008 at 6:41 am Link to this comment
The stock market already got a stimulus package - but they’re still thinking about who else they might deign to bother to assist….. maybe, uhh.
A 3-in-one huge 0.75% reduction in interest rates means that the real interest rate after allowing for the inflation margin is only 1.0%!!!
That’s heading towards a Japan-style “carry trade” in the US$, ha ha. What happens next - a deflationary black hole???