Intelligence Guidance: Week of Sept. 21, 2008

1. The U.S. reaction to the financial crisis: The focus this week will be the implementation of government solutions to the financial crisis. Essentially, the U.S. government has turned a short-term economic problem into a longer-term problem by using U.S. credit to underwrite failed and failing debt instruments. This relieves the short-term pressure, and it is quite possible that over the longer term, the underlying assets — the housing market — will recover, as will the value of the instruments, meaning that the loss will be minimal or that the government will turn a profit. There is nothing new about...

Read More...

[Source: Latest Articles - Posted by FreeAutoBlogger]