Much of the talk in recent days have appeared to be "to fix the markets". The markets are an indicator, a result, of the state of businesses and the economy. It is important that we remember that fact. The banks had made mistakes and been caught out; people didn't want to own them so their share price collapses - that's a market. I've got investments - most don't look too rosy at the moment - that's my bad. I've also got a mortgage (and it's bigger than my investments) so an interest rate cut helps me - but I'm not sure how much it helps the big picture.
I'm a non-interventionist in a free market.
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