Comment on Menzie Chinn
…isn’t. update: Ooops silly me. Case 5 is plainly nonsense as explained by PGL here. Suppose we decide to have an additional $100 billion in public investment in 2009. In…
…isn’t. update: Ooops silly me. Case 5 is plainly nonsense as explained by PGL here. Suppose we decide to have an additional $100 billion in public investment in 2009. In…
…increase in income among worldwide consumers. In other words, the excess of savings over investment in the export-oriented countries will drive the world economy into a depression. Eventually, he predicted,…
…to assume that banking and investment economists including those serving the investment houses, and Fed economists were ignored? I seriously doubt that was the case. So, where is that discussion?…
…Madoff ‘Tragedy’ Said to have Escaped Investigation by SEC, Bloomberg.com, Dec. 16, 2008 (no inspection of books since registration as investment adviser in 2006); * Neumiester, Fallout over Madoff Ripples…
…repatriate.) What makes the policy backwards is that the case for exemption (or a low U.S. tax rate) for foreign source earnings is strongest for new investment, not old investments…
…2) they have repo accounts at investment banks. Accounts, sortof like you and me. The investment banks make sure that the hedge fund never ever owes the bank money. You…
…sense at all of the right-wing claim that the New Deal prolonged the Great Depression by creating a “crisis of confidence” that crippled private investment as American businessmen feared and…
…potentially rewarding as a higher risk investment. Yet the issue is not whether cash investments replace other investments – but having a healthy mix of the two. Cash investments are…
…a point here. Sebastian Mallaby argues that deregulation did not cause the crisis, because hedge funds are regulated even less than investment banks. Based on something I read somewhere on…
…to wages. Cha-ching!! I don’t know how you would calculate the Return On Investment on that combination. But I suspect you are creeping real close to double digit returns. There…