The Radford Free Press – Page 436 – All life is problem solving.

Economics / deficits, fiscal policy, GDP, jobs, Reagan, recession, recovery, stimulus /

More Debt Hysteria

November 23, 2009

I have often wondered how easy it would be to write a completely silly article and still get it published. Now I know. Emund Andrews did it this morning. You can read his foolery on the front page of the New York Times. Yet more debt hysteria I am afraid. This is getting a little […]

Economics / bailouts, banking, credit default swaps, deficits, GDP, Goldman Sachs, interest rates /

Whacky Bond Markets

November 23, 2009

With deficit hysteria now growing with each passing day the risk that our leadership will blink and do something really dumb like raise interest rates gets larger. You all know how stupid I think such a move would be, but, hey, this is the all-knowing bond market we are talking about. You know that place […]

Economics / asset bubbles, banking, carry trade, fiscal policy, GDP, Hoover, inflation, interest rates, monetary policy, real estate, recession, recovery /

The Next Bubble?

November 21, 2009

OK I am officially done with this. We are scarcely beyond the crisis, indeed from my perspective we are still firmly mired within it, than we are faced with a torrent of hand wringing about our ‘over accommodating’ monetary policy. Not just here but worldwide. How many times do we need to talk about this? […]