The boilouts are fading out, it went in the main to buy valueless sludge (Loans on assets that have gone to zero) to save the banking system. If you read the business sector of Sunday's Age the unsubstanciated jawboning of our so called national economists are a joke, but not funny, downright alarming.
Whiskers, do yourself a favour and download a free issue of "the Privateer" (I have no association just a subscriber for many years) and have a big think about the real picture in the world economy today, and it is all inextricably connected; and on the facts, which are backed up by respective governments and banks own figures we are in for a bloodbath compared to the crash of 08
In an objective look at inputs on the "Imminenet and Servere Market Correction" and "Gold Price" threads it will be seen that the actual facts have been posted for a number of years.
Theory (maybe at your peril) by all means but now its time to look at backed up facts
IMVHO of course
I will shortly post up a brief excerpt from "the Privateer" on the Imminent and servere market correction thread"