Originally Posted by gloopy

Many would argue the core problem all along has been way, way too much credit. Excess credit leads to artificial boom times in the exact same manner as you or I taking a second mortgage out, maxing out all our credit cards and raiding our 401(k)'s to buy new sports cars and eat at 5 star stake houses every night and upgrade to that "Captain's House" on a zero money down subprime.

A problem created by insanely way too much credit can't likely be (permanently) solved by an injection of credit. It would, however, lead to a few back to back upbeat quarters. To many in power, that's as far over the horizon as they care to look.