Tue 2008-08-05 00:00 EDT
Mish's Global Economic Trend Analysis: Deleveraging Risk High And Growing At Lehman
Deleveraging Risk High; growing; Lehman; Mish's Global Economic Trend Analysis.
Mon 2008-08-04 00:00 EDT
by Matt Taibbi; "The Bible-thumpers...would seem to have had little in common with the archpriests of the neoconservative movement...But they did: They shared an almost equal disdain for democracy, free speech and learning, and paradise for both groups was an intellectually mute America of vast malls, prisons packed full of ungrateful blacks, shitty TV programming to keep the brains chilled and 200-foot-high electrified fences along the Rio Grande."
Christian Right; ending; GOP's unholy alliance; John McCain; stand sucking.
Wed 2008-07-23 00:00 EDT
Wed 2008-07-23 00:00 EDT
Tue 2008-07-08 00:00 EDT
Carmen Reinhart, Kenneth Rogoff; long-run historical financial crises; major capital inflows are highly correlated with near-term debt crises; Yves: "we are in the same position as Thailand and Indonesia, circa 1996, except we have the reserve currency and nukes"
Fri 2008-06-13 00:00 EDT
oil bubble attributed to fundamentals, falling dollar, Iraqi war
Tue 2008-06-03 00:00 EDT
"ed has basically traded in high quality instruments, US treasuries, for low quality instruments that the market doesn't want at all"
Wed 2008-03-26 00:00 EDT
"Bear Stearns bailout as the high water mark of free market capitalist ideology."
Free Market Capitalism Just Passed; naked capitalism; peak; Wolf.
Tue 2008-03-25 00:00 EDT
"this deal still stinks to high heavens...Not only were existing shareholders deprived of rights to reject the deal, JP Morgan and the bondholders should be the ones taking risk, not the Fed and not taxpayers."
Bear Stearns; Debate; Hussman; Mauldin; Mish's Global Economic Trend Analysis.
Sun 2007-12-02 00:00 EST
Deflation: Making Sure "It" Doesn't Happen Here; remarks by Governor Ben S. Bernanke, 2002-11-21; policy responses available to cure deflation; "Sustained deflation can be highly destructive...and should be strongly resisted"; Helicopter Ben orgin
Fri 2007-11-30 00:00 EST
CDS notional amounts increased from 26 to 46 trillion in last year; "far more CDSs are written relative to the amounts outstanding in individual bonds and thus credit events will infect and destroy much more speculative capital"; "generate highly volatile equity exposure with minimal or even zero margin requirements"
Thu 2001-11-15 00:00 EST
GOVERNMENT CONTINUES TO FUND HIGH RISK, HIGH PAYOFF PROJECTS