TheBushFinancialandEconomicBustof2008-TheDestructionofCapital
Economics/EconomicDepressionFeb07,2008-08:33PM
By:Mike_Whitney
Economics
BestFinancialMarketsAnalysisArticle"IjustsawapictureBernankestrippedtothewaistintheboiler-roomshovelinggreenbacksintothefurnace.”RobDawg,CalculatedRiskblog-site
OnJanuary14,2008theFDICwebsitebeganpostingtherulesforreimbursingdepositorsintheeven...[
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TheFallingKnifeofCreditSpreadsLet'stalkaboutcreditspreadsforamoment.The"spread"isthedifferenceyoupay,typicallyoverLIBOR(ortheLondonInterBankOfferedRate).LIBORisthemostimportantinterestrateintheworld,asmassiveamountsofdebtaresetaccordingtoit.Let'ssayyouareanAAA-ratedborrower.Lastsummeryoumighthavebeenpayingaslittleas3.84basispointsoverLIBOR.IfLIBORwasat5%,youwouldbepaying5.0384%.Therewasverylittlep...[
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RE:Japan'sCrisisof'90sOffersHarshLessonsforU....mannfm11
NEW2/8/20085:58:52PM Theypropitnonethesame.thewholeworldhashadachancetogeinandbuysomeJapaneserealestateforbetterthanadecade.Theyenhasbeenkeptweakbytheinterestrateplay,havingoncetradedatunder90perdollar,sorealestatepricesshouldhavereallybeencheapoverthere.TheUShasfloodedtheworl...[
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icm63 iTulipSelectPremiumMember JoinDate:Dec2007 Posts:24 Credits:1,629 Re:EJ,haveyouseenthis? Ihavefoundthefinalworldthematter..itsaredherring..
http://piggington.com/bank_reserve_r...ts_and_the_taf
There'sapost,apparently...[
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FedratecutsseenbehindUSequityoutflows-EPFR
FriFeb8,20081:40pmEST
ByDanielBases
NEWYORK,Feb8(Reuters)-Investorspullednearly$10billionoutofU.S.equityfundsintheweekendedFeb.6andmovedasignificantamountofcashintoshort-termmoneymarketfunds,datafromfundtrackerEPFRGlobalshowedonFriday.
ThedataperiodcoincideswithahalfapercentagepointcutintheU.S.benchmarkfederalfundsratebytheU.S.FederalReser...[
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ChartCRB
RE:Yesandno.CalvinBear
NEW2/8/200810:57:32AM Yesthereishugepriceinflationathand.Butnotheydon'tHAVEtotighten,eventhoughtheyshould.
Whattheywilldo,ispretendtheinflationisnotthere.Whichiswhattheyhavebeendoingallalong.It'sallalreadyahugemess.'Banks'havebeen'saved'attheexpenseofeverything.Literally.Andsocietywillli...[
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theonemostoftheUSAhasbeenin.CutoutWallStreetandtherearen'tmanypeopledoingaswellastheywere8yearsagoandasfarasthatgoes,aswellastheyweredoing20yearsago.Whencapitalcan'tearnareturn(3.5%bondsnow,5%atthepeak)itisgenerallybecausetheeconomyispushingonastring.Thereisanindustrythathassprungupsincethe1960'scalledtheconsumercreditbusiness.IthasdrivenoutallproductionintheUS.Thereisaveryslimamountofproductionin...[
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Arepeoplethathavemademoneyinalongbullmarketactuallysmart?Noneoftheseasseshasseenarealcreditcrunch.Fewofthemhaveworkedthrougharealrecessionandthatprobablyincludescrapperhimself.ThestuffthesehedgesaregoingandtheQuantsisprimarilytheoryanditappearstheyhavetheboatrocking.Bythat,Imeanonethingisn'tworking,soletsallrunovertotheotherside.Ikindofbelievethepublicthatissmartenoughtomakeadecisionnevergotbackin...[
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华裔人本主义宣言我们求索生命的意义,我们是追求信仰人生的无神论者。我们志同道合地走到一起来了。我们信仰人本主义。我们认为人类只有依靠自己才能解救人类,我们认为将人类的解救寄托于超自然力量是自欺欺人的,我们认为将人类的命运寄托于超自然是对科学和人类尊严的蔑视。人本主义信仰和其他宗教信仰有相同的地方,就是不可证伪的。当大多数人信仰人本[
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Weliveinatimewhenlyingisnolongerconsidereddishonorableifyousucceedinachievingyourobjective.Itmightevenbeyourgovernmentsanctionedduty.Heck,youmightbeadmiredforit,getareallynicegoldenparachute,beknighted,orevenelectedpresident.Andeconomistsarenodifferent,beingsulliedbytheirexposuretothemarketplace,whichismuchmorerichlyadorningthanaquietdepartmentofficeandadmiringbutamazinglysimilarstudents.
Thes...[
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