” What’s the point of all this?”

Good question. I heard today that the premier of China will be visiting Cuba this month as well. Perhaps they think that the fall of capitalism is at hand and the communist ideologies can now reemerge now that they are no longer under the boot of freedom. How long will it be before the west declares its own defeat? It seems to me that these mega bailouts are themselves an admission that free markets have failed.

What a poison pill though;
Oil prices have fallen.
The treaury is going bankrupt so vast new welfare programs are impractical.
The Luddites desire to curtail green house gasses at any price is sure to ensue.

Alas, a new world order.