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bbro

bbro
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  • Three Things I Think I Think (About the Current Economic Climate) [View article]
    how about 19%??
    Nov 29, 2010. 06:02 AM | Likes Like |Link to Comment
  • Recessions Are on the Margin [View article]
    Uh oh bookmarking my comment...one thing i can say with
    almost certainty my prediction will be inaccurate...
    Nov 29, 2010. 03:50 AM | 1 Like Like |Link to Comment
  • Banks are taking longer and longer to complete the foreclosure process. According to new data, people who default on their mortgages can expect to stay in their homes rent-free for 492 days, or more than 16 months, up from 382 days last year and 244 days in August 2007.  [View news story]
    Taxpayer got a good return on the money...I can think of a lot of
    taxpayer investments that lost money....not to mention human life...
    Nov 28, 2010. 06:59 PM | 1 Like Like |Link to Comment
  • European Crisis? Start Worrying About U.S. Debt [View article]
    "If the Chinese pull their U.S. investments it will have unimaginable consequences on the U.S. economy"

    Ever wonder what the consequences would be on the Chinese
    economy???
    Nov 28, 2010. 03:18 PM | 2 Likes Like |Link to Comment
  • Banks are taking longer and longer to complete the foreclosure process. According to new data, people who default on their mortgages can expect to stay in their homes rent-free for 492 days, or more than 16 months, up from 382 days last year and 244 days in August 2007.  [View news story]
    Actually these loans have been written off....we are in the REO phase
    or collection phase....
    Nov 28, 2010. 02:02 PM | 1 Like Like |Link to Comment
  • Recessions Are on the Margin [View article]
    "Goebbels financial media"

    Oh brother....
    Nov 28, 2010. 10:52 AM | 1 Like Like |Link to Comment
  • Shoppers swarmed to Black Friday sales and retailers exuded a rare optimism, but retail spending rose only 0.3% from the previous year, to $10.69B from $10.66B, as a more discriminating public shopped more carefully for discounts and bought more goods online.  [View news story]
    Could this mean a higher savings rate???
    Nov 28, 2010. 10:50 AM | 5 Likes Like |Link to Comment
  • Banks are taking longer and longer to complete the foreclosure process. According to new data, people who default on their mortgages can expect to stay in their homes rent-free for 492 days, or more than 16 months, up from 382 days last year and 244 days in August 2007.  [View news story]
    "Banks are taking longer and longer to complete the foreclosure process."

    Oh those evil banks....they take too long or they move too fast...
    can't make the media happy....
    Nov 28, 2010. 10:48 AM | 6 Likes Like |Link to Comment
  • Black Friday Fail [View article]
    Where you planning to ignore online sales???

    "It's kinda hard to shop when your credit cards are maxed out, you have no job, and you are $100,000 underwater on your mortgage."

    Size of this group to general population????
    Nov 28, 2010. 05:42 AM | 4 Likes Like |Link to Comment
  • Recessions Are on the Margin [View article]
    Postponable purchases ( Residential Investment,Durable goods
    spending,Business Spending) to Gross Domestic Income is currently
    17%, The 50 year average is 21%. We have never has a recession
    unless this number was above 21%.Postponable purchases hit its
    high in the 1st quarter 2006 at 3006. Today this number is 2477.
    This number dropped 750 billion from top to bottom and with it we
    lost 8.4 million private sector jobs.We have since gained 225 billion
    and with it 1.1 million private sector jobs. Postponable purchases always leads private sector job growth. Even if we adjust for the
    need to deleverage and save more we will likely return to at least
    a ratio of 19%. With it will get 8 million jobs created over the next 4 years.
    Nov 28, 2010. 05:39 AM | 1 Like Like |Link to Comment
  • Book Review: All the Devils Are Here [View article]
    Which costs more the next crisis or missing the next opportunity....
    Nov 27, 2010. 03:41 AM | 2 Likes Like |Link to Comment
  • Are Your Retirement Savings on a Collision Course With the Debt Supercycle? [View article]
    What is the debt service??
    Nov 26, 2010. 01:07 PM | 1 Like Like |Link to Comment
  • Slow Recovery in Nominal Spending per Capita [View article]
    One explanation for the depressed spending levels is that there is still an excess money demand problem


    How about 8 million job loss...
    Nov 26, 2010. 09:38 AM | 1 Like Like |Link to Comment
  • The State of the Economy: Better Off Today Than We Were Four Years Ago? [View article]
    Postponable purchases to Gross Domestic Income is 17%...
    50 year average is 21%...we have been below this average for over
    3 years....even if we return to 19% by 2014....we will create 8 million
    new jobs....enjoy your turkey.....
    Nov 26, 2010. 02:56 AM | 1 Like Like |Link to Comment
  • What Happens if the Dollar and the Euro Both Collapse? [View article]
    What happens if a meteor hits....
    Nov 26, 2010. 02:52 AM | 8 Likes Like |Link to Comment
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