It’s a cumulative effect and takes time. 2009 will be ugly, 2010 worse and 2011 be a depression with many energy jobs added. Dollar could outright collapse this year. 2012 and 2013 will see marginal growth and 2013 we’ll see global investment back into the U.S. stock market and start of a new bull market.
Why should the world trust Wall Street again? Greater transparency? Greater integrity? Better court system?