Wearegoingtohavea1973-1975recessionthistime,atotalshocktoanewgenerationthathasneverseenarealrecession.TheDowrangeddownto572from1051ifmymemoryservesmecorrectly.
TheinterestingthinghereisthedoublebottomthatIthinkwemightsee.Thatwouldsetupaflatwhichwouldindicateahighdegreewave4.Whetheritwouldbealongtermcorrectionorfinishthereissomethingtoberesolvedoverthenext10years.Riskisadjustinganditisgoingtoad...[
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http://www.informationclearinghouse.info/article18335.htm
AreTheBanksInTrouble?
ByMikeWhitney
“Thenewcapitalistgodsmustlovethepoor–theyaremakingsomanymoreofthem.”BillBonner,“TheDailyReckoning”
“Thehopeofeverycentralbankisthattherealproblemcanbekeptfrompublicview.Thetruthisthatthepublic---evenprofessionalsonWallStreet---havenocluewhattherealproblemis.Theyknowithassomethingtodo...[
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theadviceGreenspanhadformortgageseekersandmortgageoriginatorsacoupleofyearsback.OnFeb.24,2004,inaspeechtitled"UnderstandingHouseholdDebtObligations,"hetoldhomeownersthattheyhadbeenactingtooconservativelyandthatitwascostingthemalotofmoney:"Onewayhomeownersattempttomanagetheirpaymentriskistousefixed-ratemortgages,whichtypicallyallowhomeownerstoprepaytheirdebtwheninterestratesfallbutdonotinvolveaninc...[
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Whatalwayshappenswhenthedebtpyramidblows-massstarvationforthosewhosurvivewhateverscapegoatevent(nuke,birdflu,anotherroundofblackplague,anotherHitler,etc.)thoseinchargehaveinmind.
Theywilltrytodelaytheinevitableaslongaspossible-justastheyalwayshave.
Theyhavetheinternettokeeptabsonusandwhenthejigisup-whentoomanynolongerbelieveinthelies-whentheforeclosuresstartreallyaccelerating-whenthelayoff...[
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Orithastobehidden?
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FromBillGross:
Duringtimesofmarketturmoilithelpstosimplifyandgetbasic–explainthingstoapublicandevenyourselfintermsofwhatcanbeeasilyunderstood.Goodnessknowsit’snotapieceofcakeforanyoneover40thesedaystounderstandthemazeoffinancialstructuresthatnowapp...[
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Whyblamethebartenderforyourhangover?smokey
NEW9/8/20076:12:35PM Hewasonlygivingyouwhatyourequested.
TheconsumersbeggedtobesavedfromtheGreatDepressionof1990.
Greenspansavedthem.
TheconsumersbeggedtobesavedfromtheGreaterDepressionof2002.
Greenspansavedthem.
Butnowthattheconsumersowemorethantheycaneverrepay...
A...[
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施化
华夏键侠
注册日:07-03-29
发表数:52
自由与苟且自由与苟且
施化
有人说,中国现在已经很自由了,人们几乎是想干啥就干啥。我认为,这种对自由的理解,在当今占主流的社会阶层中,非常普遍。看看一位网上的朋友根据回国的见闻,说的下面这段话,就可以证明:
——七月里,有一天闲着没事儿,想去城里一座庙看看,半路路过艺术学院。路边[
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朱大可:“礼仪之邦”的教养问题
发布者yq在07-09-0709:08
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Cameras,Books...
朱大可
中国人的礼貌,似乎已成民族自我整容的重大议题。据媒体报道,最近一项在1500名欧洲酒店经理中进行的调查显示,日本人当选世界最佳游客,中国人则在世[
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Bullsareintheshitfollowtrend
NEW9/8/20076:11:43PM
September9,2007
JohnWaples,BusinessEditor
JOURNALISTSareoftenaccusedofsensationalisingthings–butmakenomistakethemayhemwearewitnessinginthemoneymarketsisforreal.
InthepasttwodaysIhavespokentofiveofBritain'smostseniorbankersandtheyaretakingthesituationveryseriously.Th...[
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TheComingU.S.HardLanding NourielRoubini|Sep07,2007 TheutterlyuglyemploymentfiguresforAugust(afallinjobsforthefirsttimeinfouryears,downwardrevisionstopreviousmonths’data,afallinthelaborparticipationrate,andanevenweakeremploymentpicturebasedonthehouseholdsurveycomparedtotheestablishmentssurvey)confirmwhatfewofushavebeenpredictingsincethebeginningof2007:the...[
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