we've greatly increased the chance of a Japanese-style lost decade, with I would now give roughly even odds of happening. Why? Because bank-friendly policies have squandered public trust in all government action: try talking to the general public about stimulus, and it's all confounded in their minds with the deeply unpopular bailouts.
That's OK, Sarah Palin will come along and start World War III. We'll either have a recovery with that or the world will be obliterated. Either way, it is a win-win situation. "Beware of the man who does not talk, and the dog that does not bark." Cheyenne
:) ~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~