yes-some had spoken of possible qe4 following mark
Post# of 8054
signs of china and worldwide slowdown were there for many months before market reacted- 580B of investment capital had flown OUT of China in a 5 month period earlier this year- which should have opened eyes then!!
and i read a couple or a few months ago that a RECORD # of usa job seekers had given up looking for work-like other groups they are not counted in the official job statistics which are always massaged for political reasons just like CPI but seems fed forgot that
usa jobs/trade imbalance continue flowing OUT due to the high dollar,which exists only because most of the rest of the world except china is doing worse than usa (partly due to home court reserve currency status)- and now w chinese devaluation...
but big banks and fed massage each other - waa waa we are only making billions not trillions at these low rates as big banks get paid interest on money fed lent them originally to lend but banks hoarded the cash and lent only to big business which either hoarded or used for stock buybacks to artificially improve EPS and lower total dividends (fewer shares)-analogous to merger and acquisition activity which substitutes for true growth
http://sg.seekingalpha.com/mpss/c/0QA/h0oUAA/...iwu4LK-2FA