dimelab dimelab: shrinking the gap between talk and action.

love affair Topic in The Credit Debacle Catalog

America's love affair (1); India's love affair (2); s love affair (3).

The Wall Street Examiner Sun 2010-05-09 10:02 EDT

The Minsky Cruise (part 3, Business)

...While non-financial domestic corporate profits have shrunk from a Korean War inspired 11% of GDP to average around 5% of GDP since 1970, the financial sector's profits have been growing...The love affair with finance and disdain for what, during the tech boom, we called the "bricks and mortar" industry- and admittedly a failure, by some in those industries, to accept the transition to maturity- has inspired, for want of a better word, envy in the non-financial sector. While financial sector stocks seem to levitate on their own, non-financial sector stocks, if intent can be inferred from behavior, are believed to require a boost. I suspect the use of options as payment has something to do with this as well...Additionally, the non-financial sector, since the mid-80s has- a true sign of envy- opted to copy finance, by breaking into that field. GE Capital and GMAC Financial are two prominent examples...To paraphrase Nixon, "we're all Ponzis, now."

business; Minsky Cruise; Part 3; Wall Street Examiner.

Tue 2009-06-16 00:00 EDT

Mish's Global Economic Trend Analysis: America's Love Affair With Malls Ends; Toxic Drywall; Halted Projects; and Vacant Dealerships

America's love affair; Halted Projects; Malls Ends; Mish's Global Economic Trend Analysis; toxic drywall; Vacant Dealerships.

Fri 2008-03-28 00:00 EDT

naked capitalism: "India's love affair with gold tarnishing"

naked capitalism: "India's love affair with gold tarnishing"

gold tarnishing; India's love affair; naked capitalism.