It is official now … Stupidity is king …
Dienstag, Dezember 16th, 2008FED cuts interest rates to virtually 0% … they keep panicking … Here the statement … The Federal Open Market Committee decided today to establish a target range for the federal funds rate of 0% to 0.25%. Since the committee’s last meeting, labor-market conditions have deteriorated, and the available data indicate that consumer spending, business [...]
