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  • After the Dollar: What Comes Next? [View article]
    Good reading if we start talking about currencies:
    Jun 2, 2011. 12:41 PM | Likes Like |Link to Comment
  • Home Prices and the Tax Credit: A Comparison [View article]
    This was too simplistic assumption. The credit is for the first time buyers and they are not representing all the byers.
    Jan 1, 2010. 11:01 AM | 1 Like Like |Link to Comment
  • The Economic Recovery That Isn't [View article]
    I agree on many of Peter’s views but he’s arguments are too one sided. He’s a strong proponent of “free market” with minimum government involvement. I guess he’s against unemployment benefits and especially extending these benefits like we can see it’s done right now.
    Assuming 170 million workforce with 9.8% unemployment it would relay to almost 17 million unemployed people and 34 million with rate of 17%. Having such a big group of people without any means of support would create radical part of population calling for system change. Please remember that the biggest revolts happened when the people were pushed against the wall.
    This kind of revolt could threaten current system and possibly loss of what we have. I still prefer to have current system (maybe government corruption should be eliminated) instead of different choice.
    Oct 4, 2009. 08:53 AM | 13 Likes Like |Link to Comment
  • Employment: Minimum Wage, Maximum Stupidity [View article]
    Peter’s comments are valuable in economical discussion and he had some good contrarian calls but you cannot take it without any deeper evaluation. He’s a proponent of the free market and against any government intervention but the same time he’s advocating to buy into China which is still a communist country with a very strong government intervention into its economical system. I think this is very contradicting? Just my observation.
    Jul 12, 2009. 08:46 AM | 4 Likes Like |Link to Comment