I got this website from a friend of mine. Very interesting.
http://www.theglobeandmail.com/globe-investor/markets/markets-blog/big-name-investors-pull-no-punches-on-qe2/article1775439/
This website bring us to a over all view of the economy.
This crisis we are going through here is the first ever. In human history, we have never meet this before. So there is no past record to base on. There is like no past year paper for us to know what will happen. The FED do not know what will happen, Obama do not know what will happen.
The new QE may work or may not work. The 1st QE essentially printing money to buy government bonds – was introduced during the worst days of the financial crisis, and largely credited with rescuing the global economy.
The QE2 is a cure-all for high unemployment, a depressed housing market and a U.S. stock market that is still well off its 2007 highs.
So are this all gimmick, ponzi etc...Well is for us to find out. Maybe the whole world economy is going to be worst off.Maybe is getting better.
