I get the feeling that many people believe that we will get many opportunities to resolve The Financial Crisis and the associated economic difficulties now present. In other words, should the already enacted interventions, stimulus plans, bailouts, etc. not work, we as a nation won’t be limited in our number of potential efforts and will be able to roll out still more at later dates.
I think, unfortunately, that this will not be the case. I believe that we have a limited time “window” in which we can resolve The Financial/Economic Crisis, and should we not do so, it will be resolved for us. I don’t believe that most Americans would find the latter alternative to be satisfactory, pleasing, or acceptable.
Disclaimer with this post: Please see the Special Comment found here, if you haven’t already seen it:
SPX at 912.12 as this post is written