Maybe I'm out of touch, but I really don't get this whine. Economic progress is so simple it is stupid. Create something of value that someone else is willing to pay you for. End of story.
..economic progress works by squeezing the Fed until it squeaks "whatever it takes", and letting it mop up all your junk investments.
Right...I belive that fed actions not only this time, but all the way at least since the LTCM "crisis" in 1997 created more and more stress in the system.
The market cannot perform it's weighting function, especially not when faced with a 2, 3, 5, 6.7 $ tril "bazooka".
I have no idea how this ends and when, but all those rallying bankrupt companies have got to indicate something that is not healthy.