Economic crisis!!

[TheBillster]

Well first of all I hope everyone had a nice Easter time.

I agree to the things you say, Titansrule. I dont want an over-regulation of the economy too. But the financial sector is too important to do nothing now. That is very probably what all leading guys worldwide are thinking no matter if they are in the politics or even in the economy.
I have spoken to a guy, who is at the Frankfurt Stock Exchange for over 8 years now as a broker a few days ago. He is a friend of my brother. And he told me that the US are trying to establish a kind of supervising for over a decade now, but they never can agree on a certain system or form of this supervising of the financial sector. It looks to me then that the problems we have right now aren’t new, they are existing for a long time already but had their final big-bang 6 months ago making everyone know about a sector that did go wild a long time ago.
Regulation is always something risky in the free markets system we have, but it looks like to have absolutely no regulation is not a good option too.

We will see how all things will pan out. I am eager to see what the US finance Minister Geithner is doing now. A few weeks ago he also was one of the guys who wanted new instances of control or supervising of the financial sector.
Right now it looks like the Government moves really helped the world economy and took some heat out of the crisis, but we will have to see how the situation is looking in 1-2 years.

Another important thing is now the inflation. The Governments pumped so much money into the economy that a world-wide inflation is very likely to happen. That is now the other side of the coin and a legit reason to say that the Governments should have done nothing but to wait for the free markets to get clear with the mess it caused.
But in the end if you have to choose between economical depression and inflation, inflation is the right call. Especially if you don’t have to expect double digit numbers for the inflation.