The Motley Fool Discussion Boards
Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: La Conquête du Monde, revisited.||Date: 10/5/2008 12:20 PM|
|Author: FastMike||Number: 257741 of 504844|
Dear red-eyed Fools :
I originally posted the following on March 24, 2008. It seems very appropriate to repost it. If anyone has become convinced that the bail out is the right thing to do, read on.
Reposting will make clear several points : first, ‘bailout’ theory is a futile; second, that although the Fed was center stage at the time, the Treasury Department was most likely calling the plays and might have been pushing for the ‘big bail out’ for months; and lastly, the EU is making a currency power play. Two weeks after this post, the ECB benchmark was 4%. It was raised in July to 4.25% and has remained so since.
There a few minor corrections in punctuation, style, and usage. The link to the original post follows the repost: La Conquête du Monde :
”...To promote the restoration of orderly conditions in financial markets, the Federal Reserve Board approved temporary changes to its primary credit discount window facility... March 2008”
Dear gaming Fools
Risk, is the name of a one time very popular board game. It is a game of strategy, but only to a point, at which time, winning, or losing, in one’s turn depends upon the roll of the dice.
I personally liked the version which used the small wooded pieces to represent armies. I was also surprised to learn that the original name was ’La Conquête du Monde’ , which translates to ’The