So, today, the Federal Reserve slashed the Fed Funds target rate to a range of 0 to 0.25%. The rate was effectively at that level anyway, since they couldn't even maintain their previous target of 1%, but this at least confirms that they're doing everything they can to get the economy moving. Of course, this means that foreign investment in the US is now nearly worthless; treasuries are going to pay incredibly low returns (with the possible exception of the 30-year bonds), so there's no reason at all for people to invest here when they can do so much better overseas. In other words, if this doesn't turn the domestic economy around quick, there's going to be very little foreign money coming in and the situation is just going to get worse.
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