Archive - Oct 12, 2009 - Blog entry
More Risk? More Complexity?
Submitted by Leo Kolivakis on 10/12/2009 21:34 -0500More risk? More complexity? What are investors and trustees to do? Let me share some comments with you. The financial engineers are working hard to "tame risk" but in my experience when everyone is rushing to play the same game, they all knowingly (or inadvertently) add to systemic risk.
Government Leaders Said Bailouts Were Needed Because "The House Next Door Was Burning Down" . . . Were They Right?
Submitted by George Washington on 10/12/2009 18:21 -0500We Wouldn't Want Anyone to Get Hurt, Now Would We?
Will We Have a Decade(s) Long Deflation Like Japan?
Submitted by Econophile on 10/12/2009 14:16 -0500Since we are already in a deflation, the argument over inflation or deflation is moot. The real question is: how long will we remain in a deflation? And, if deflation ends, will we then see inflation, hyperinflation, or real growth?
Many deflationists assume that since we are following the Japanese path that we will have the same economic results as Japan. That is, a stagnant economy with generally falling prices as has been seen for the last 19 years in Japan.
While it depends mostly on what the government's responses will be, our experience will more likely be stagnation with long-term inflation rather than long-term deflation. The economic differences are significant.
The REAL Battle Over America's Banking System
Submitted by George Washington on 10/12/2009 13:44 -0500Think you know what aspects of America's banking system need to be changed?
Are you sure you're not missing anything?
