USA Update

Stocks Plunge on Credit Concerns. The Dow Jones industrials extended its series of triple-digit swings, this time falling more than 380 points. The Federal Reserve added a larger-than-normal $24 billion in temporary reserves to the U.S. banking system. This means more cash, more liquidity, more paper printing and therefore

MORE US DOLLAR DEVALUATION AND THUS MORE INFLATION.

In any case THIS INJECTION OF CASH from the USA Feds and the ECB are JUST A DROP IN AN OCEAN WHAT WE ARE TALKING HERE SCORES OF TRILLION OF DOLLARS PRINTED OUT OF THIN AIR AND USED NOT IN INFRASTRUCTURES, INDUSTRIES OR MACHINERY OR R&D BUT IN FINANCIAL SCAMS LIKE SUBPRIME LOANS, DERIVATIVES, OPTIONS, MERGER & ACQUISITIONS FRAUDS AND SCAMS THAT ARE NOW STARTING TO UNWIND FASTER AND FASTER!


more info at
http://www.forbes.com/feeds/ap/2007/08/09/ap4005516.html