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| User Info | Europe KaBoom; entered at 2012-06-11 18:30:45 | |||
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Flappingeagle Posts: 1245 Registered: 2011-04-14
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These bailouts seem to be taking the following form: 1) some version, or several versions are floated out to calm the markets and to get everyone used to the idea of what is coming. This has the effect of making the bailout effect last longer by using the anticipation factor. 2) the bailout is then put into place which calms the market for awile, thus buying even more time. Today though, we had a bailout that died so fast that the next bailout did not even make it to the talk stage. If we have something like this happen again where the bailout's effects die before the next bailout can even be dreamed up, we are in for the end game. This would also apply to any policy changes, what ever form they might take, that are designed to calm the market in that if their effects last less than 24 hours then it is just about game over. Personally, I'm going to be watching pretty closely tonight and the next couple of days. Flap 2012-06-11 18:30:45
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