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Host, the fact that the Fed opened the window to inv banks for the first time since the 30s does not mean this is a repeat of the 30s in other respects. You're resting a huge inverted pyramid of inference on a data point that won't support it. We don't have Smoot-Hawley, we don't have general tightening of credit at the Fed level (we have the reverse), we don't have an industrial, hard-asset based economy anymore. There are lots of other differences, too. Remember, we have an economy of something like $18 trillion (I might be off on the number); there's a lot of room for error before things turn into a disaster.
It seems almost like you want to see an economic implosion in this country. Why? Or am I just imagining it?
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