If The Bubbles Contain A Misconception, As

This Crisis Has The Potential To Be A Lot Worse Than Lehman Brothers.

The Dark Comes Before Dawn. The Financial Markets Are Under Great Pressure Because Of The Lack Of Leadership During The Transition Period.

We Must Recognize That As The Dominant Power In The World We Have A Special Responsibility. In Addition To Protecting Our National Interests, We Must Take The Leadership In Protecting The Common Interests Of Humanity.

In Certain Circumstances, Financial Markets Can Affect The So-called Fundamentals Which They Are Supposed To Reflect. When That Happens, Markets Enter Into A State Of Dynamic Disequilibrium And Behave Quite Differently From What Would Be Considered Normal By The Theory Of Efficient Markets. Such Boom/bust Sequences Do Not Arise Very Often, But When They Do, They Can Be Very Disruptive, Exactly Because They Affect The Fundamentals Of The Economy.

When Money Is Free, The Rational Lender Will Keep On Lending Until There Is No One Else To Lend To.