What to Do? My View on Rightsizing the Economy

While I am confident that all of these great minds will ultimately come up with some spaghetti that sticks to the refrigerator, I remain concerned these “solutions” are focusing on the waves hitting the shores rather than the storm. The equity infusions were made; the government continues to facilitate market activity through liquidity measures and should continue to do so.  The source remains the mortgage market; the depreciation of home prices in the U.S. and abroad. 

I am a student of the broader markets and specifically of financial institutions and have been for more than a decade and a half.  I have been studying the proposals of the solutions to this economic downturn.  …