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Shun The Banks

Given that it appears unlikely the administration will do much to reduce the power and influence of our biggest banks I have become a big advocate of direct people’s action against them. Move your business elsewhere. That includes your credit cards everyone! This effort to change the banks by taking away our business is about […]

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Home Prices Flatten Out

Ho hum. One of the great mysteries of recent times, OK I am guilty of a little hyperbole, is that the financial media gets itself into such a lather over home prices. Actually we all do. We cheer each uptick in home prices as confirmation of boom times and our unbelievably sensible decision to buy […]

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Stimulus Impact

Reading through what little economic news there is this week leaves room for pondering two frequently asked questions: what happens when the effects of the stimulus wear off? and: When is the peak impact anyway? Well now, as ever in economics, that ‘all depends’. The problem we have is that the greatest impact on GDP […]

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