Our REAL true problem is the disconnect between Wall Street and Main Street. It is not the fault of either Wall or Main. It is bernanke and the Federal Reserve. There is a reason that Wal Street (the DOW) is going up and Main street is stagnant.
There are two symbiotic factors.
1: The value of money.
2: The cost of borrowing money.
The Federal Reserve has removed the cost of borrowing for Wall Street and the government.
Main Street still has this relationship in place and Main Street will more and more bear the burden of this craziness on Wall Street and the government and I repeat, it is not the fault of Wall Street... it is what the Fed is doing. The big banks (Wall Street) was forced to take TARP money. They are as scared as anyone probably more scared than most... but they are scared of the government so they go along.
Bernenke and the Fed is this country's and the world's biggest potential problem. The things that can and likey will go wrong as a result of this sort of fakery are hard to understate.
Even mathematicians don't use the number 1 trillion, it is so large it has no usable meaning. Most people have no idea what a trillion is. Look it up, Google how much is a trillion. If you haven't, you will be shocked. Try to get it in seconds, a million seconds, a billion seconds, and a trillion seconds. It will scare the hell out of you, at least it should.
In any case balance must be restored to the economy, the relationship between value and cost must be restored or we will continue to dig deeper and deeper but we will not notice until it is too late, it may be too late already.
These kind of things cause widespread poverty, famine, and war. No I am not overstating it. We have had our collective head in the sand. Franky, it may be the best thing to do.
J