The US Treasury's 1 trillion $ plan

[Morten]

Hi all!

One definitive positive outcome of this financial crisis is: knowledge, learning from our mistakes. So I was wondering if anyone could pass some links showing how this plan is going to work, what it involves, both theoretically and in practice. Other sites explaining toxic assets, MBS etc in theory and practice are also of interest.
Thanks all.

greetings from Norway.

 

[london88]

Hi all!

One definitive positive outcome of this financial crisis is: knowledge, learning from our mistakes. So I was wondering if anyone could pass some links showing how this plan is going to work, what it involves, both theoretically and in practice. Other sites explaining toxic assets, MBS etc in theory and practice are also of interest.
Thanks all.

greetings from Norway.

Read the financial papers, news papers and maybe the economist in a week or so. I doubt there is a definative guide encompassing all that you are desiring. The FT has a good section on the bail out but I am reluctant to post it as it may result in copyright infringment of some sort.

The following graph might help and is from the FT so if anyone reads this and thinks it may result in CP violation please let me know and I will remove the image.

 

[case777]

Hi all!

One definitive positive outcome of this financial crisis is: knowledge, learning from our mistakes.

Humans never learn from their mistakes. The next boom that comes along people will say "it's different this time" or "we've entered a new paradigm, the old rules don't apply now", and it end the same as it always has done.

 

[chump]

"next boom"..Depends on whether the boom originates off a very low growth base and is expanding through genuine productivity gains as opposed to simply being fueled by monetary expansion ..not all booms are created equal ..and the danger of being in bust like this is people are likely to think they are.