Solving the financial crisis - Mission Impossible?

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Imagine you are a political leader tasked with solving the global economic and financial crisis. You are made aware of the severity of the systemic calamity at hand and told that time is short. What do you do?

The first thing you do is attempt to engineer a modicum of confidence in beaten down risky assets after a dire third quarter. To do this, you enlist the help of those high frequency trading algorithms you have read about but have next to no comprehension of how they work other than a vague idea they buy on positive headlines and sell on negative ones. You also happen to have noticed a correlation exists between the euro and the US dollar and risky equity markets generally.  You then set about engineering an improvement in equity markets by trashing the dollar. You encourage a bill in th...

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