Tue 2009-04-21 00:00 EDT
naked capitalism: Guest Post: It's the writedowns, stupid
``the downturn will only end when the massive writedowns end, not before''
massively Topic in The Credit Debacle Catalog
Sun 2008-11-23 00:00 EST
Mish's Global Economic Trend Analysis: CPI and CS-CPI vs. Fed Funds Rate
``By ignoring housing prices, the CPI massively understated inflation for years. The CPI is massively overstating inflation now.''
CPI; CS-CPI; Fed Fund Rates; Mish's Global Economic Trend Analysis.
Tue 2008-10-07 00:00 EDT
Mish's Global Economic Trend Analysis: Brace For Massive Layoffs
brace; massive layoffs; Mish's Global Economic Trend Analysis.
Tue 2008-09-23 00:00 EDT
Winter (Economic & Market) Watch >> Massive Bailout? Hardly, a Massive Tar Pit Instead
Winter (Economic & Market) Watch >> Massive Bailout? Hardly, a Massive Tar Pit Instead; paulson bailout plan; ``work closely with the FOH (friends of Hank) on the Tar Pit scarfs, and also pressure and push the carrion off the cliff into the Tar Pit.''
economic; hard; Market; massive bailout; Massive Tar Pit Instead; watch; winter.
Tue 2008-08-26 00:00 EDT
The End of the Beginning -- Developments in the Credit Crisis
The End of the Beginning - Developments in the Credit Crisis, by Satyajit Das (Prudent Bear); 2008-05-27; ``limited recognition of the massive de-leveraging of the global financial system that is under way.'' ``The banking systems ability to supply credit is significantly impaired and will remain so for the foreseeable future.'' ``Changes in financial markets will have a significant impact on many companies that now rely on financial engineering rather than real engineering'' Das proposes: ``holdings and values of risky assets held by banks and investment banks must be accurately determined...Risky assets must be valued on a hold-to-maturity basis...Mark-to-market accounting should be suspended...Capital levels should be set on a bank-by-bank basis by regulators...Capital requirements should be eased...government [should] guarantee of all major bank liabilities''
Wed 2008-08-06 00:00 EDT
Winter (Economic & Market) Watch >> A Modern Day Alexander Hamilton
Winter (Economic & Market) Watch >> A Modern Day Alexander Hamilton; "moving to the end game, where massive American assets...marked down and sold to new foreign masters"
economic; Market; Modern Day Alexander Hamilton; watch; winter.
Wed 2008-07-02 00:00 EDT
Peak Oil Debunked: 365. MASSIVE DROP IN U.S. DEMAND IN APRIL
"supply outstripping demand theory of the feverish price action since March s emanating an extremely fish-like odor. U.S. demand down by a whopping 0.8mbd year-on-year."
Fri 2008-06-27 00:00 EDT
Mish's Global Economic Trend Analysis: Is The Inflation Scare Over Yet?
"Destruction of credit via massive writedowns..., accompanied by sharply rising unemployment rates, falling wages, and curtailment in credit lines everywhere is simply not an inflationary environment"; "ery likely new all time lows in the 10-year treasury yield and 30-year long bond are coming up"
Tue 2008-04-01 00:00 EDT
Jesse's Café Américain: The Paulson Plan: a Foray into a Financial Iraq
Jesse's Café Américain: The Paulson Plan: a Foray into a Financial Iraq; "When you have a massive failure in a critical system, you do not go to those on whose watch it occurred...and ask them what should be done to fix the system so it doesn't happen again"
Financial Iraq; foray; Jesse's Café Américain; Paulson plans.
Tue 2008-01-08 00:00 EST
Winter (Economic & Market) Watch >> This is Not a Drill
Winter (Economic & Market) Watch >> This is Not a Drill: "...since transparency in American finance has to be at rock bottom, it appears lending is seizing up, and capital is being destroyed. Thats what we would expect at the terminal phase of a massive credit Bust."