bigtime99

'Bad Bank' Does Not Trump a 'Bad Market'

Taking bad assets off of bank balance sheets is better than leaving them there. The recovery has to start with something...what would you rather the government do? Play tiddly winks?

This Recession Will Be Anything but Deep

When the credit crisis recedes - and the signs are that it is beginning to do so - China and India will resume their industrialization and middle class growth and the entire developed world will be absolutely awash with new money chasing a relatively fixed number of assets, creating inflation.
Inflation is "always and everywhere a monetary phenomenon".

This Recession Will Be Anything but Deep

Well if you believe that there could be either inflation or deflation then I guess you are most certainly going to be both right and wrong aren't you?

The Dead Cat Returns to Earth

Until credit expands again, the Case-Shiller won't improve.
Until the Case-Shiller improves, the consumer won't start spending again.
Until the consumers start spending, the economy will be garbage.

Until all of these things it's catching falling knives, dead-cat bounces and "bottoming activity", and the greedy getting skinned.