I guess he was humoring us.:-)
All of the big shot bankers have been consistently wrong.
No way the US and big banks can seriously expect us to spend our way out of this with an already 9.2 trillion dollar debt tag.
Seems Strauss-Kahn is shilling for the further devaluation of the dollar and foreign fiscal buy-outs of US owned domestic businesses and properties.
These people are idiots. The subprime crisis was BECAUSE of artificially low interest rates. Lower rates will do absolutely nothing. The only thing that could work would be tax cuts and spending cuts coupled with hands off the banks till they clean up their own mess.