I think one would be wise to consider the possiblity that we are ALREADY in a deppression and have been since around 7/01. Coincidentally, the tragedy of 9-11 just happened to occur and that helped mask and distract the (sheeple) populace into believing that the tregedy was somehow responsible for the high tech bubble market collapse, Enron and all the rest of them after that.

Enter easy money and we are given an avenue of investing that will quickly and virtually pain free, garauntee a quick partial recovery of the dot com/ high tech collapse for a undetermined amount of time……Not completely avoid it, but detour the effects…..for a while anyway. 

Maybe, just maybe,…Greenspan (easy Al) did what he did to prevent the pain of the depression for a few more years…….Nobody wants to be at the helm when the ship hits the rocks…But like physics, the laws of economics are hard and fast, you can with tremendous manipulation, slow the effects of it, temporarily detour its effects, but you can NEVER completely eliminate the effects of it and its necessary corrections.

If capitalism is going to work, corrections in markets MUST be allowed to occur unimpeded.

At some point in the future your bag of tricks will run low…….THATS the scary part, what will happen next ? Who knows, even the best of em are scared of the coming financial cycles…….Some say it will be a more severe depression than the one we would have got if they didnt manipulate the events that got us to here.