ECB please save us!

Well the Fed meeting has come and gone and the real hope is that Central Banks around the world will flood the system with money and start a real economic recovery. The hope is now on the Central Banks to solve the world economic mess as political leaders cannot.  Talk is cheap and the ECB is now on the hook saying that they will flood the system with as much money as it takes to solve the issue. When I first researched the issue, the European problem last year the amount of funding required for banks and the governments to just finance debt and deficits was over $2 trillion dollars. I am sure the problem is larger now as the economies are sinking into recession.  So, if the ECB does not announce another major $800 billion plan tomorrow look for the markets to crash.

On another subject, I certainly believe individual investors are losing faith in the stock market due to high frequency trading.  Back in 1987, the crash that day was partly caused by program trading.  Look for the same meltdown again, and afterwards people will be pointing fingers again. 

http://finance.yahoo.com/news/latest-market-glitch-shows-trading-174547006.html