Cross-post: A human economy for the twenty-first century
…the recession following Lehman’s demise is already over and the free market ready to assume its inexorable rise, while others talk of a double dip recession, persisting debt deflation and…
…the recession following Lehman’s demise is already over and the free market ready to assume its inexorable rise, while others talk of a double dip recession, persisting debt deflation and…
…will be covered by unspecified income taxes on the upper 5%, a “modest” payroll tax, and some tax on stock and bond transactions. (Sec 211) All costs for construction and…
…highly desirable result from the perspective of the Peoples Bank of China.. Actually, given the rally in the US bond market so far this year the Peoples Bank of China…
rdan The New York Times carries a story that is actually probably of more import than Fed announcement of not renewing the Treasury Bond program. Wednesday’s ruling goes to the…
…have ADD or what comes the Bloomberg story that the money from money machine is being restarted. Morgan Stanley plans to repackage a downgraded collateralized debt obligation backed by leveraged…
…bond-rating system. They effectively prohibit any firms from rating debt they helped structure and bar analysts from accepting gifts or entertainment exceeding $25 in value from the issuers of the…
…I thought I would add this chart to demonstrate my point. At the bottom in December the bond market was discounting a deflationary, depression. Now it is discounting an economic…
by reader ilsm More reason to worry about the USA’s AAA bond rating. The Navy, Air Force, Marine Corps, United Kingdom Joint Strike Fighter, F-35 Lightning II (see P-47 from…
…market is selling off on this. Just remember, betting on monthly economic releases is a suckers game created by the bond and stock brokerage houses to generate volume. They take…
…anything, this argues against bailouts and in favor of nationalization, firing management, wiping out S/Hs, zeroing out debt, haircutting bond holders, etc. Some economists may need to spend less time…