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A: This crisis represents a generalized failure of the monetary system, and the sooner we get to that conclusion, the sooner we can begin to talk about solutions that treat the cause, not the symptoms.
Q: Are the failing institutions worth saving?
A: The failed institutions are not worth saving, because they represent a model that is now broken beyond repair.
Q: Will it work?
A: The current bailout plan cannot work, because it is too small and it is directed at the symptoms, not the causes.
Q: Can the government afford it?
A: The government cannot afford the cure. But even worse, the US government is already insolvent (when factoring in entitlement liabilities), and nobody is asking how borrowing an additional 12.5% of GDP does anything but make that problem worse.
much more at chris.martenson.com - Why the dollar rally is going to fail
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