|
the banks dont want the fed bossing them around.. what saved the banks was the fed decision to let them wipe toxic assets (mortgages) off the books. if the banks took the losses last quarter, they would have all not reported profit.
what you really need to keep an eye on now is hyperinflation, unemployment numbers, and housing values.
the economy is no where near out of the woods its just the same old smoke and mirrors from the govt and corporate america...
|