Even though you could imagine that the US was already prepared to recover from the current financial trends, the truth is that the Reserve has recently shown us that it doesn't work that way... That's why you should read the following:
"Federal Reserve Chairman Ben Bernanke warned in a speech Wednesday that the U.S. economy will take some time to recover even if the credit markets return to normal soon.
Bernanke, speaking before the Economic Club of New York, said he believes the steps taken by the Treasury Department, the Fed and Congress in recent weeks provide policymakers with the "tools" they need to fix the recent crisis in financial and credit markets."
