Interestingly, NBR just reported today…

…Central bankers from Europe, England and China moved to give their respective economies a boost on the same day and within the same hour. And, don’t forget just a few weeks ago, Ben Bernanke and company moved to keep long- term rates low longer. So, investors are now wondering whether all of the action suggests world leaders finally have a grand plan to rescue the global economy or could it be the slowdown is worse than we originally thought? Economists say it’s probably a bit of both…

…There is a big problem. It’s why we see central banks all over the world putting stimulus in place. I think there’s a recognition certainly in Europe that action needs to be taken. So, that’s a good thing…

why does the phrase; ‘Too Little, Too Late’, comes to mind…?