Archive - May 27, 2010 - Blog entry
Why Deleveraging Is Necessary For Economic Recovery
Submitted by Econophile on 05/27/2010 23:49 -0500It is obvious that the government's policies to revive the economy are not working. As soon as the stimulus money runs out, we will see GDP backtrack. Instead of trying the same failed policies over again we should try something new. That is, deleveraging the economy. Until that happens the economy will stagnate. (See: Japan) Here are some proposals that will allow the economy to recover, quickly.
Easy Money, Hard Truths?
Submitted by Leo Kolivakis on 05/27/2010 21:36 -0500More comments on pension compensation from a senior pension fund manager and some thoughts on David Einhorn's op-ed piece.
Max Keiser: Big Banks Allocate Losing Trades to Clients, Keep Winning Trades for Themselves
Submitted by George Washington on 05/27/2010 17:08 -0500Can anyone confirm?
Prominent Oil Industry Insider: "There's Another Leak, Much Bigger, 5 to 6 Miles Away"
Submitted by George Washington on 05/27/2010 16:27 -0500Can we borrow one of James Cameron's subs to go take a looksee?
The Hard Truth About Residential Real Estate
Submitted by madhedgefundtrader on 05/27/2010 07:00 -0500There is a massive structural imbalance in residential real estate that will take at least a decade or more to unwind. 26 million homes for sale and 70 million missing buyers do not add up to a bull market. 80 million retiring baby boomers are putting huge generational pressure on the market. Losing a city the size of San Francisco in demand every year. A replay of 1929 to 1955 when prices remained flat? (XHB).
Australia: The Land Down Under(water in mortgage debt)
Submitted by Reggie Middleton on 05/27/2010 05:31 -0500How the fear of bubble busting at home and in China leads to protectionism, which will ultimately lead to... bubble busting.
