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Investment research | Front Page - Any one for a bit of stagflation? Higher imput costs and lower sales prices. What we need is good old fassion inflation. How to get it is to print money and give it to everyone. What they are doing is creating more debt and the economy is contracting with more debt. Less debt is what we need now and one way to get it is to have inflation. What we can get if we are careful is asset deflation and wage price inflation with a growing economy.
The government and especially the Fed cannot cure this mess because they caused it to start with. We just have to let it play itself out.
That is true in part but if we were to get together and get new policies put in place the economic problems that we have could be reversed in a matter of months.
Investment research | Is Illinois Worse Off Than Greece with a Little LTCM and Bear Stearns Thrown In? In Case You Didn't Know. (http://boombustblog.com/reggie-middleton/2010/08/23/is-illionois-worse-off-than-greece-with-a-little-ltcm-and-bear-stearns-thrown-in-in-case-you-didnt-know/ - broken link)
"Of course, the highly contrarian nature of my views were (and are) bound to bring about its fair share of naysayers, pointing to the sparse record of actual municipal defaults. Of course, we all know the safety of driving forward while staring in the rear view mirror, California creating its own currency in the form of IOU’s and all… I also brought up the risks that the CDS market posed in Counterparty risk analyses – counter-party failure will open up another Pandora’s box (must read for anyone who is not a CDS specialist). This was done right about the time that I also called several companies out for their CDS (and direct) exposure to real estate, mortgage debt and municipalities – namely:
Bear Stearns: Is this the Breaking of the Bear? (months before the collapse, while the company was trading in the $180s, the sell side still had buy ratings and the rating agencies had high investment grade stamps on it)
Investment research | Front Page - The housing depression is alive and well. But the banks are still funding new construction. This is really stoopid (I know it is spelled stupid) on the banks part.
As far as the DOW goes, it's very unlikely that we're going to see a crash or a boom. Many economists are now saying that it will stay stagnant at around 10,000 for 5 to 7 years at least. You're almost better off to put money into 5-yr. CD's.
As far as the DOW goes, it's very unlikely that we're going to see a crash or a boom. Many economists are now saying that it will stay stagnant at around 10,000 for 5 to 7 years at least. You're almost better off to put money into 5-yr. CD's.
What you are seeing with the dow is asset inflation. http://blog.reblace.com/wp-content/uploads/2007/03/dow-to-gold.gif (broken link)
The price of gold is going up the price of stocks is staying the same. It is that zero % intrest rate and a new round of QE that is keeping the dow up. To many people are pulling money out of the market for it to stay up much longer. It is headed down. Before or after November is the big Q.
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