cristian

Can a Global Economy Be Managed One Nation at a Time?

Don't be too hard on the fellow, imagine what Al Gore would write on the subject !


On Nov 17 08:15 AM Mafeking wrote:

> What a dumb article. So this is the level of naive thinking that
> a Wharton MBA gets you! We have a problem so let's regulate. Come
> on Fred, there is a living breathing example of the incompetence
> of 'global' organizations just down the road from you called the
> UN.
>
> Following on from the Libyan representative being the head of the
> Human Rights Commission at the UN perhaps the finance minister from
> Zimbabwe can be in charge of the global financial situation.

Can a Global Economy Be Managed One Nation at a Time?

You folks actually scare me. So, lets go back to the same old fiasco, only lets make it a more regulated fiasco. Because poorly thought up globalization is what got into this mess. And you want more of it ? And to be sure we nail the coffin good, lets throw in some global regulation.

Unless you are an ostrich living with your head in the sand, or a theoretician in some ivory tower, it is pretty clear by now that an inequitable, mismanaged globalization is the culprit that bestowed the the 2008 crash upon us. How do you figure that a service economy can provide the kind of consumption that the US economy relies upon ?
The crisis at hand, is the consequence of the decades long deterioration of the US consumer's purchasing power.

Consumers Buy Into Disinflation

"Disinflation" aka contraction !

Paul Krugman + Al Gore = The Way Forward

It is not about caps, it is about finding an efficient alternative to fossil fuels. Capitalism will likely embrace something efficient, thus profitable. The trouble is that Gore is full of hot air, not solutions. The natural consequence of this rabid environmentalism, which is a hodge podge cocktail of snake oil, based on a repressed Malthusian and neoludite ideology is a a contraction of humanity. Not something that is acceptable to most. There is little chance of this seeing the light of day with Obama, simply because it is hogwash. Every time you turn on the light, it is reality check. It works. But I guess in some minds there is perpetual darkness.

Google: 3Q Results Reveal Chinks in the Armor

Sadly, as a company grows its management ossifies, if not becoming outright sclerotic Kind of hard to understand which part of "you can't cut your way to growth", don't they understand !

Fear Is Not a Strategy

Of course fear is not a strategy, but what is wrong with prudence? I mean, the government is not even seeing and acknowledging the problems of this economy, consequently they are far removed from doing anything effective.

There is nothing wrong with cash and gold, they are eroding much slower than the markets.

Bailout 1.1 Passed. Will We Have to Go Back to the Well for v2.0?

All this is empty talk.. You nailed one thing right, solvency. How can an outsourced economy be solvent ? It is time to pay the fiddler. For the majority I see two choices. They will riot, or they will learn to live to third world standards. The wise guys were claiming that this is not a consumer driven economy. Perhaps so, but then what can you expect from people that cannot exercise basic logic.

Today's Federal Action Will Alter the Face of Finance

...where all you were when too many US citizens were buiyng something they couldn't afford? Wasn't that also "financial socialism"? -

And why couldn't they afford it ? Where did most of the well paying jobs go ? If someone thinks that there can be an economy based on flipping hamburgers, I pity them. Well it can, but most of us will not like the adjustments that have to be made.
Anyway this government intervention is a lame attempt to prolong the agony and save some political necks.

Today's Federal Action Will Alter the Face of Finance

great day to get some put options -

Sssssssssh... idle moaning about the moratorium on shorting. Most of you people are not Bubba Beerbely, come election time cough up some money, and make the pigs pay.

Bring Back the Uptick Rule

Ludicrous, but.... let's not forget that the ignorance of the "sophisticated" corner office is what has gotten us here !

Who Will Bail Out the U.S. Government?

What do you mean WHO ? You & countless other taxpayers of course.

Market Nosedive Pushes Dollar Down

This is not a catastrophe, not such a terrible crisis. A crisis of the fat boys on Wall Street, may be. Look at the difference between SPY and IWM. Never mind TGT. Should tell you a lot. Let the bums pay for their mistakes, hopefully investors will keep management on a shorter leash.

Are the Basic Principles Still Relevant?

"Describing the financial meltdown as a matter of imprudent lending is not 20-20 hindsight."

Indeed, and I am a pessimist since very few are ready to face reality. It is not lending, or the housing market woes.

It is is the Basic Principles that are still relevant. Namely we have a culture, and worse an economy based on debt. To an extent debt is fine, but overwhelming levels of debt driven massive loss of well paying jobs do to a misunderstood "globalisation", and the afferent pressure on wages is insanity. Or at least it is temporary insanity to think that one can have a healthy economy as a consequence. The rest is the rubbish of the fast talking heads.

ETFs: 'The' Trading Tool

May be in the future.... right now with a few notable exceptions (5-6 major tickers) ETF comparative volume, that would justify this as a fact, is rather sparse.

Obama, McCain and Offshore Drilling

They are both long on rhetoric, and short on common sense. I was saddened that even Paris Hilton can be more thoughtful on the issue, than the presidential candidates we are stuck with.