[QUOTE='jmanz]It will be interesting to see how the fed reacts to the market drop. In theory, a fast falling market would do some of the work for the fed. People losing money would produce the brake pumping which the fed wants to curtail inflation. Which could then produce a less hawkish fed (and prop up the market somewhat). Just one possibility, albeit fairly small.
[/QUOTE]Here's the thing. The country/world is so out of control. These things USED to work when majority of people actually lived life and worried about these things. Sad truth is way too many live in ways where selfish pleasure no matter the cost/debt has no meaning to them. It somehow doesn't bother them. They would rather be homeless as long as they can get their newest tattoo, largest cell phone with unlimted data, newest gaming console and computer, addictive habits like alocohol and nicotine and the list goes on. AM I wrong? I asked before how so many can want to live like this? Because they didn't want to listen to their out of tune parents or grandparents? I don't know man.
