What IF … Bernanke was a Doctor?

Today he again showed what kind of guy he is … or has to be

If he was a doctor, what would you think of him?

He never tells you the truth about your illness,
tells you, you don’t need medicine and cure first …
then prescribes medicine, everybody knows has side effects …
even forces you to take them at times when it really hurts you.
Then invents new cures, but plays down the effects …
and yesterday, he admits that it is still a long way, but in 6 month it can get better

I would change this Doctor immediately

But we have to live with Ben Boy … OMG

Here the “translations”:

Illness = born out of greed creditcrunch, which will lead to a recession (not a shallow one) and even could be fatal for parts of the financial system.

medicine = rate cuts and liquidity boosts … sometimes given in huge doses … on expiration days a.o.

side effects = inflation, creating of more bubbles

new cures = new auction facilities of the FED engineered by Doc Ben

And remember … he now admits, that economy MIGHT contract … but will recover in H2 2008 …
I believe him exactly as he said, subprime problem was CONTAINED and will not cost more than 100 bln$

FUNNY GUY … I hope, he knows better … if not … we are in real DANGER!!!

Tags: Bernanke, FED

This entry was posted on Mittwoch, April 2nd, 2008 at 23:43 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.