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m42
10-25-2008, 11:00 PM
Governments across the world have stepped up their interventions to stem the worst financial crisis in decades. They are taking a variety of measures including interest rate cuts, capital injections, and lending guarantees to restore liquidity, revive the ailing banking system and rebuild investors’ confidence.

http://www.ft.com/cms/s/0/54f2b80e-9947-11dd-9d48-000077b07658.html?nclick_check=1

eric
10-25-2008, 11:46 PM
Seeing as how the entire system is based on confidence, when book-cooking and other subterfuge result in the whole scheme becoming so overinflated and without basis in any form of reality, it is up to those with "power" to do what they can to set things straight.

Sadly, using the example of those currently in charge, they were also the ones that let slip the dogs of unbridled inflatatory growth.

Blah.