tuckfinitee

Why Interest Rates Will Almost Certainly Rise in 2010

derryl is right. Interest rates won't rise until there is significant inflation to reduce the value of the debt.

By the way Mr. Wizard do you still think the gov is run like Sotheby's or are you coming around to the crime syndicate model.

The Destruction of the Dollar: It's Nearly Inevitable

And where do you see the money flows going Paco? To wages and consumer goods? Or maybe the OPM mafia(gov/fin). Wages can't keep up with the "acceptable" inflation? More gov subsidies. More subsidies become permanent.

The true cost of excessive debt is paid with loss of potential, opportunity, choices. Human activity is increasingly committed to the status quo. This of course results in stagnation and decline. It can go on for quite awhile however.

We don't have a "pure" fascist economic model. It's a crime syndicate model. Value will be extracted from all sources in different ways. Golds value is only partly insurance against inflation breakout. Gold can be traded above ground or underground.

It's about being a player and working the system. Moralizing and taking positions could use up a lifetime.

Remind Me Again, What's a Bubble?

How should the bondholders of Chrysler or GM have priced risk? Do you have any suggestions for Bradford and Bingley bondholders? Something has definitely emerged from the bail outs and bankruptcies. The risk gap between insiders with political power and outsiders. I'm not loaning money in the US or Europe.

I believe a lawyer was quoted as saying Chrysler needs employees, they don't need the bondholders. Price that.