So we get into this mess because interest rates are too low, leading to too much borrowing,

leading to excessive risk taking, leading to a bubble in property prices, which bursts and

causes a collapse in credit markets, which in turn freezes economic activity. So to stimulate the

economy, we print money and keep interest rates low, which is causing higher asset prices, etc, etc.

Has anyone read the kids book "If You Take a Mouse to the Movies"...

By the way exactly how much did Goldman Sachs get to write back into PnL after the government (ie taxpayers) paid out on all AIG contracts? I don't know the amount-may not be material- but shouldn't we know in any event?