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"Fed Sees Recovery Lagging"
Well, that's comforting.
I see Recovery Timeout.
Imagine, no mo free $ and market starts going down. Really, wouldn't any sane person realize that if it takes trillions upon trillions to keep something propped up, and everytime you let up it just sinks that it's time to just do away with it?
Forget the underground atom smasher, WallStreet is the Earth's blackhole. Problem is this blackhole can't be solved by the Dr.'s famous 'reverse the polarity' solution. It sucks and sucks, regardless of what's going on and you can literally look across at your neighbors house and see shingles starting to pull off and head towards NY.
Lipsky says QE3 not needed until everyone believes it won't come.
IMF's Lipsky says QE3 not necessary (Reuters)
LOL .. has this guy not got anything else he should be focusing on? ... he feels the need to pip in on QE3 speculations?
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