flyoverman

Shrinking U.S.A.

Xyrus, what's the point of assigning a personality to the U.S. and then arguing about personality traits? The U.S. isn't a person who is the "bully." It isn't and never has been the "only" economic power just like it isn't and hasn't been for a long time "just another" economic power. Why beat yourself up (if you are an American citizen)? Let's do what we can to be stronger. Any positive suggestions? Have a "can do" attitude.

Big Money Is Betting on Inflation, Not the Economy

The answer to your question: "How can either happen when the Feds fix is increasing inflation and America has less of the goods the global consumer wants?"
..is... the lower US dollar means foreigners are finding American good a better deal, and they will be (and are) bidding up the prices.

Historical Michigan Confidence Chart

Yes, thanks to the media and politicians who are seeking power.... the "sky is falling."

It's Time to Talk About Inflation

Why the political overtones of? "The United States is 'out-of-step' with the rest of the world because the Bush administration had to 'go-it-alone' in terms of ..."

The political overtones don't help me invest. Are you selling or campaigning for someone?

Hillary, Greenspan and Volcker

Agree with User 108022. Greenspan, maybe more than anybody, helped produced the sub-prime mess. He's also quick to blame everyone else and has lost his credibility. He's no statesman. We don't need him.

Greenspan's Latest: Oil Boom Will Likely 'Go on Forever'

We shouldn't blame Greenspan for everything, even though he was instrumental in driving several of the problems we've had.... but on the other hand, he should just shut up. He's been wrong and has lost credibility. Maybe the media should just quit covering him. He's irrelevant and not so smart at his forecasting.

Wall Street Recession Vs. Main Street Recession

To the contrary, my main street looks pretty healthy. House prices are going up much, but then didn't go up near as much over the last 5 years as those taking a hit. I don't see see the for sale signs littering the neighborhood. Our year-end commissions/bonuses were good. There is a "slowdown" but that is not negative growth and a full-blown recession. We don't know how good we have it. The mass media and apparently Trader Mark love a catastrophe to get attention with. Keep talking, we can probably talk ourselves into a real recession yet.

A Wall Street Trip Could Trigger a Chinese Fall

Agreed. The article uses a scattering of stats that fit an hypothesis. He adds a healthy dose of "chilling" adjectives. Not a lot of causal evidence for the "National Party Congress" effect. As Mark Twain would say, "Figures don't lie, but...."