RE:Keep Calm+Carry ONThe question is where will the economy be in six months, or a year? The reason the bleeding has stopped is heavy Fed intervention. Not that they have much of a choice. It's better to increase their balance sheet now, than when the market totally craters. So, their balance sheet will rise from around $4 trillion to $5.5 trillion according to the latest announcements. But this is just getting started. What are they going to do, buy the entire market? Do they have a plan beyond the next month, or are they just doing the best they can? And the US Congress is already running trillion dollar deficits. What is Congress going to do? Run a $1.5 trillion dollar deficit? Despite an eleven year expansion, governments are relying more on debt than ever before. Just listen to the political promises. Free health care, free student debt -- free, free, free -- paid for through the issue of ever higher levels of government debt, without any hope of repayment. What should just be a black swan event could spin out of control into a dead swan, a year from now. Trouble is we haven't had to pay the consequences of risky government policy. We now believe there are no consequences. Now we're going to find out if that's true.