What $200 billion now gets us....

[Javaman]

one day of 400+ points up, followed by a market no longer believing the line of bullshit being force fed to the public.

it's now down 215.

[spanone]

1. and where did they get the 200 billion?

more debt

[Serial Mom]

2. They printed it!

And the famous 'Murikan $ will go down worldwide again.

[justinsb]

3. It wasn't just the federal reserve

The bank of Canada and national banks in the U.K., Switzerland and elsewhere jointly stepped in to prop up the US credit industry.

This should not be expected though to change the direction of the economy, it is not intended to. It is meant to prevent bank collapses and to prevent still more bankrupsies and forclosures and to provide additional credit to those companies and organizations that still have a credit rating.

The goal was to prevent a collapse, not to stimulate a turn around.

[TreasonousBastard]

4. As did the EU, but don't...

expect central banks doing exactly what they are designed to do to remove the tinfoil from those who believe they are evil.

[justinsb]

5. No, I don't expect it to change people's minds

about banks. I was just pointing out that it wasn't really meant to be an economic stimulator - just to staunch the bleeding really.

[endarkenment]

7. And Carlyle Capital promptly collapsed.

The liability exposure is reported to be in the trillions. 200B is not going to cut it and the market knows that.

[Orsino]

6. It bought the corporatists an extra day of no accountability for their failings. n/t