Sun 2008-08-24 00:00 EDT
The Great Consumer Crash of 2009, by James Quinn (Prudent Bear); ``the tremendous prosperity that began during the Reagan years of the early 1980s has been a false prosperity built upon easy credit''; ``We have outsourced our savings to the emerging economies, along with our manufacturing jobs.'' ``the gathering storm has arrived. It will be long, painful and destructive.''
Wed 2008-06-18 00:00 EDT
Former Federal Reserve economist Richard Alford opines Fed independence has been compromised; positions on the Board of Governors are to be treated as patronage jobs doled out to party loyalists
Fed Compromised; Independent; naked capitalism; Otherwise Messed.
Fri 2008-05-02 00:00 EDT
"Boomers will be competing with their children and grandchildren for jobs that in many cases do not pay living wages"
demographics; Jobless Claims; Mish's Global Economic Trend Analysis.
Wed 2008-03-26 00:00 EDT
Winter (Economic & Market) Watch >> Rebuttal of GaveKal's Bully "Wealth & Platform Theory"; platform companies "outsource American jobs to safe production locales like China and Thailand, who then pollute the global environment and fail to account for the negative externalities (true costs) of their production...the peculiar slash and burn notion that the US can just eat its young by outsourcing jobs to foreign polluters, while failing to invest in capex and just merrily borrowing from foreigners against its Bubble induced wealth."; 2006-12-26
economic; GaveKal's Bully; Market; Platform Theory; Rebuttal; watch; wealth; winter.
Sun 2008-03-23 00:00 EDT
"Many of the stated economic gains have been a false ghost. Whether it was overstated job creation (NFP), understated inflation (CPI) or "inflated" growth (GDP), a shocking amount of the debate about the economic expansion has been primarily spin."
Big Picture; good times; investment; K; Mirage; Post-Fact Society.
Wed 2006-10-04 00:00 EDT
