The markets and financial order will return soon enough - well, perhaps only soon; it will never be soon enough. And once the turn around happens what, one wonders, will the real reason for the turn around be attributed. Many may point to Obama; skeptics will say that without Bush there'd be no need for Obama's near-perfect leadership and timing.
Some will say that the turn around will be a result of simple gravity. That is to say the result of the dear old consumer and his family simply burning, albeit at a slower rate, through their perishables and non-perishables to the point where replenishment is order if not necessary and the consequence will be the need for more credit to replace old cars, computers , jeans, T-Shirts and PDAs.
Notwithstanding the rosy horizon it remains that several trillion dollars in debt will overhang the global financial system and the one wonders, as skeptics do, if the next big collapse may be the last. Has the leadership overacted? I'll bet my electric car from G(E)M that it has.