OH GEORGE................HANG ON A MINUTE........

So the gamblers dens that we call the Stock Exchanges have all decided to imitate rabbits in the headlights. Cries of "Don't panic Mr Mainwaring!" were heard on the floors this week as the money men decided to try and rip each other off......... caused, we are told, by low interest rates leading to high borrowing leading to unsustainable customer spending....... So the Fed's response? - lower interest rates leading to continued high borrowing leading to increased consumer spending. I'm assuming we're too thick here to understand......................

It just goes right over our heads really.