The whole stinking thing is mental. Banks are afraid to give loans, businesses are afraid to buy, people are afraid to buy stocks...it's all mental but it is one BIG mental machine that is very difficult to influence with anything.
Bailouts and buyouts are like mental drugs. They can't eradicate the problem but they hope they can keep the lows from being AS low.
The whole stock market is a mental game where real value is not that important. What matters is making more money, fast (sounds familiar from all the spam, dont it).
Becouse the financial institutions now are clinging to what money they have out of fear of loosing it all, the rest of the economy is now hurting.
USA have gone from being a producer to being a consumer. That is not sustainable over time, so things will have to change sooner or later. I do prefer the USA to be a strong economic power compared to China or India, so I hope you are able to restructure and get moving again fast (which will be good for our economy as well).
