[marshmallow]

All the government can talk about is "stimulus packages" and restoring "consumer confidence". The sum total of their activity seems to be to reinflate the bubble and get back to business as usual. It's as if they're in denial and can't face the fact that there is no going back. We're broke and it's absolutely right that consumer confidence should be in the tank. Trying to coerce someone into spending when they're flat broke, is ridiculous.

The banking system is insolvent and credit will continue to remain frozen. All that's happening now is that the government is in the process of trashing what remains of the economy.

[sickoflibs]

RE “The sum total of their activity seems to be to reinflate the bubble and get back to business as usual.”

Exactly : The best advice I have heard is wait till the stock market grows a bit, get out , and buy commodities for the next 5-10 years.

[ChocChipCookie]

I’ve become so cynical that I do hope there’s another bubble. I won’t be fooled by pseudo prosperity, though. This time I’ll allocate extra monies toward food supplies, guns, ammo, etc. You know the drill.