In 2008 the housing market bubble popped ( there was more to this like $5.00 gallon gas,but we will get to that later) The United States Federal Reserve stepped in and handed out money and restructured large financial institutions and corporations in what became know as "too big to fail"instead of letting the natural coarse of the economy take it coarse. The Feds were a big part of the housing bubble in the first place by continuing to lower interest rates and most lenders were willing to hand out more money then the house was worth because they were increasing in value so fast.
Come to 2020 and the Corona virus pandemic started to create panic in the market. Once again the Feds stepped in and bailed out financial institutions, took on debt from large corporations, and handed out trillions of dollars along with lowering interest rates in an attempt to stabilize the economy. In doing so it has taken the risk of market failure out of the question if they can step in and fix it anytime there is a problem. This means there is only an up side to investing and no risk of loss, clearly the rich are the ones that come out ahead on this one.
What are your thoughts on Wall Street and Main Street? How do they relate, and who is this helping? Should the Feds have this much control, or should they have less involvement. Is the United States "too big to fail"? The world's economy in large part does revolve around the US. But if the US is in trouble would others step in? Think about what happened in Greece and what Europe did. Are we heading to the greatest depression the world has ever seen? Or can we just keep putting a bandaid on things and growing the economy?
Upload photo
Would you look at a profile that doesn't have photos?
Probably not! Upload a photo for others to be interested.
- Higher position in search results!
- Users with pictures get 10 times more responses in their messages
- Most people only contact those with pictures
Jenny
Lina
Anna
Jessica
Dony