The recent injection of money from the central banks around the world, which was supposed to stabilise the global economy is - in my view - most likely going to fail and have the same effect as peeing in your pants.

At least 75% of the GDP in the US is based on domestic consumption - mostly financed by credit cards and loans in overvalued real estate. So real money has been pumped out of an artificial economic system. Now it is time to pay the bill. Credit card dept and mortgages has to been paid.

This means that the domestic consumption must drop - possibly a lot because the sources of money has dried out. This will lead to increased unemployment, which again put a further pressure on the real estate market.

Maybe I am stupid, but there are several things I don't understand.

1. Why do the population accept that a few young high-flyers, who can barely tie their own tie get covered by the government and even let them continue their destructive behavior?

2. Why do we still call people experts who pretty consistently have been wrong about everything they have spoken about?