i think it's unfortunately necessary to keep the market stable for a little while longer while we ride out a correction. i also think that it's insufficient to prevent a drop in the macro market. the biggest deficiency it has is the lack of a provision for actually dealing with collateralized debt, one of the earlier parts of the problem.
i've got mixed feelings on it to be sure. we have a ton to lose if the stock market goes belly up or if more banks start going under. (But we are breathing a bit easier today since Ireland has said they would insure all deposit accounts with no limit!So if you have any money above 100,000 go there
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