Target Expecting Big September Miss: Can't Blame the Weather! [View article]
Or consumers cutting back spending to pay for past consumption. Which will lead to higher unemployment down the road combined with slowing business spending as they see bottom lines trend downward.
No Mr. Greenspan, Conditions Aren't Like 1998 [View article]
Another great read. Whats really going to hurt in the long run is the dogma in our monetary policy. It's beyond the deepest belief that it functions and can eliminate inflation when it's the cause. How did we fall into this huge trap? I'm still researching and pursuing my Ph.D. just to find out.
Also The Great Depression was caused by the government as well. My best guess is that it was all unintentional. Every proposal sounds good at the moment.
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My Five Gripes With Ben Bernanke [View article]