[1010RD]

So what does the FED do?

[Texas Songwriter]

1010RD, that is the question. I think they have no more tricks in their basket. If they stop 'printing", the downward spiral accelerates. If they increase printing they delay, for a little longer period of time the inevitable crash of the economy. They press the spring down a little harder, but when the spring is released, it will be made a much more terrible result.

I believe they missed the window of opportunity years ago to raise interest rates, which not doubt would have resulted in substantially higher unemployment. That was politically unacceptable, but the laws of economics will impose that on us, unfortunately.

So, my answer to you is, I do not know what the FED should or would need to do. I think the laws of economics will force this disaster and all of its permutations to a showdown, the likes of which we have never seen in this country. We have economic cancer and we have known it for years , and we are taking aspirin for the cure.

Do you think these trends can be reversed back toward normalcy? I would like good news if you do.