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  • Expect the Economic Crisis to Continue [View article]
    Thanks for this Dickensian ray of sunshine.
    Nov 10 12:55 pm |Rating: +1 0 |Link to Comment
  • The Next Recession [View article]
    As Pat Buchanan suggests...it's time for industrial policy.
    Nov 10 12:51 pm |Rating: +1 0 |Link to Comment
  • Stocks Soar, Unemployment Rises, Dollar Slumps [View article]
    Thanks Peter. Any policy prescriptions that you think the administration should be undertaking right now?
    Nov 10 11:07 am |Rating: 0 0 |Link to Comment
  • A New Economic Indicator? [View article]
    Make no mistake: girls with hairy tushes are not the same as girls with fury bushes.;-) Many investors are unable to distinguish the two.
    Nov 06 23:14 pm |Rating: +1 -1 |Link to Comment
  • Whistling Past the Depression [View article]
    In the Phillipines there's a saying, "At a distance none that appear well smell bad." From a distance, we see few details. Fish, women, currencies...soon all will be for sale at a discount.
    Nov 05 04:53 am |Rating: +1 0 |Link to Comment
  • Keynesian Economics: Why Krugman and DeLong Need to Read More Carefully [View article]
    Bloviation...
    Nov 04 21:16 pm |Rating: +1 0 |Link to Comment
  • What Is Decline in Nonresidential Construction Telling Us? [View article]
    Also, the current character of much commercial build-out (that's vacant) is obsolete...it requires massive reconfig to adopt to the newer tech businesses that will revacate the new infrastructures.
    Nov 04 21:09 pm |Rating: +1 0 |Link to Comment
  • After Securitization: Who Owns America Now? [View article]
    There's an old Chinese saying, "He who owes is King." The fact is, so much of the debt you list will ultimately need to be charged off. As with many of the formal unfunded liabilities...they'll need to be discounted.
    So, in terms of discounting to net present values...the actual numbers are much less. FYI;-)
    Nov 04 20:51 pm |Rating: +2 0 |Link to Comment
  • Steve Liesman's Non-Farm Payrolls Calculus [View article]
    Don't pick on Steve...he's pretty sharp.
    Nov 04 20:44 pm |Rating: +1 0 |Link to Comment
  • The Mother of All Asset Price Bubbles [View article]
    Forget the stock market...is main street overpriced?
    Nov 04 20:41 pm |Rating: +1 -2 |Link to Comment
  • Debt Deflation: What's the Solution? [View article]
    "Those who become collaterally unemployed through no fault of their own..." I'm not sure the press has really examined fully the nature of current unemployment and the decline in real wages. Are you suggesting it's time for an industrial policy?
    Nov 03 19:50 pm |Rating: +1 0 |Link to Comment
  • Recession Hardship Is Painful, But Can Be Beneficial [View article]
    The pain of hemorrhoids causes some to switch to a high fiber diet as well. Was that your point?
    Nov 03 19:47 pm |Rating: +2 0 |Link to Comment
  • GMAC Has Finally Been Nationalized [View article]
    "...I would personally prefer they try a process which allows these firms to fail whereby equity and debt holders suffer consequences that are consistent with taking market risk." This has been a lingering, enduring problem--the super-rich ownership class didn't want to take the hit. They wanted to be bailed out. Consider the folks that were ripped off by Madoff--they want the SEC's negligence to be deemed a liability so that they can be compensated, aka "bailed out."
    Oct 31 19:18 pm |Rating: +1 0 |Link to Comment
  • California: Entering Inflationary Depression [View article]
    Too soon to tell.
    Oct 29 20:41 pm |Rating: +1 0 |Link to Comment
  • Baidu: A Pure Momentum Trader's Favorite (with Occasional Blowups) [View article]
    See: www.yebol.com. Really, the future of search is post-PPC.
    Oct 28 15:27 pm |Rating: +1 -1 |Link to Comment
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