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Thread: Will China help US out of financial crisis?
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[quote=ERENCIUS,329480]No the probability for this to happen is extremely small and useless. Injecting billions in the market system is a pure nonsense today. The market is governed by confidence as you already know. And there has been more than ten times the amount you are talking about invested in pure loss. Market actors have lost confidence, it is a selling spiral that will only stop once the market has been rebooted. To be clearer, a few years ago the financial world has completely lost every single link with the real economic activity and so with every national laws. It was making money by and for itself. Today is just a readjustment of the market to the real world. So it will probably go down until the real economic level of the world and then stabilize. Most probably this crisis will end in about a year but only if there is a worldwide answer to the crisis. The main interest of such a crisis will be to build a new organization charged with ensuring that the market respects some global rules. We should see this event as a chance to reset the financial system of the world. But this relies on world governance...[/quote]
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