again, again because this was discussed just yesterday, this doesn't take into the account the situation of our banks, the fact that in the 80's the recession was brought on purposely to control inflation and the fed had set double digit interest rates. now you cannot drop interest rates because they already at their lowest. the deregulation since the eighties of the finance industry has created an unprecedented level of leverage. to put things in perspective, cost of snl bailout, $124BB. we are well beyond that.
