Dave Wrixon

Skeptical About Buffett's Big Bet

Well, it does kind of make sense to try to convert the US economy into a commodities supplier. It has no hope of competing with the Asian Tigers or the BRICs but should be able to hold its head up against third World Commodity suppliers, at least for now.

Markets Cheer the Buffett Buy

Buffet is a Patriot and that his fatal weakness. He actually believes that the US will just back to business as usual in a couple years. Personally, I think this investment will turn to rust. He would have been better off investing in railways across Asia and Africa.

Warren Buffett and the Imaginary Economy

Your confusing GDP growth with economic growth.

If GDP simply gets better because the government is spending more then that does not makes improve its overall debt situation. It makes it worse.

You cannot spend your way out of debt, however appealing it may sound. Keynes advocated deficit spending. He never ever advocated getting the country into so much debt it could never ever get out of it without defaulting. He would turn in his grave.

Still Wary of Those Financial Weapons of Mass Destruction

Don't worry Moodys will simply give it all a Triple A rating and the problem is solved.

A Third Way in the Current Inflation / Deflation Debate (But It's Even Scarier)

Sacrifice?

More like over indulgent parents pandering to a bunch of spoilt brats!

Markets Have a Long Way to Go

Good Article.

Buffett's S&P 500 Puts: Big Blunder?

In 20 years the market will be up. It is denominated in dollars. Even if the US economy goes down the tubes, there will be more dollars in circulation then than there are now. Whether or not investors are as wealthy as they are now, their dividend checks will carry a few extra zeros.