Watching Mr. Bernanke's testimony to the House of Representatives Budget Committee. He just said something very poignant (paraphrasing):
In1930s in US and more recently in Japan, the destabilization of the banking sector made it very difficult for entrepreneurs to get credit and very difficult to grow their business.What I see in this statement is that business will lead us out of the current economic environment - not the government. Focus on financial market stabilization and business what it's good at - innovate and advance on new opportunities.
That is all.
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