George Washington's blog

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Krugman: American Economy Will Not Recover for a Long Time





Krugman agrees with El-Erian ...

 
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"This Time, It Is Not The Usual Suspects Such As Brazil And Mexico Who Are In the Worst Positions. Instead, It Is the Industrialized Nations"





Will 2010 be the year of sovereign defaults ... or can the boys duct tape the system together until 2011?

 
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PPIP May Have INCREASED the Amount of Some Toxic Assets





PPIP is even worse than I thought ...

 
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Is The U.S. Government Buying Stocks?





Could be ...

 
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Will Americans Reclaim Our Nation in 2010 From the Thugs and Con Artists?





Will we stand up in 2010, or keep bending over?

 
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Find a Local Credit Union and Assess Its Safety





In support of Huffington Post's call for people to move our money from the giant banks to small banks and credit unions, here are ways to locate credit unions and assess their safety ...

 
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Economist: Health Care Bill "Is Just Another Bailout Of The Financial System"





"This is just another bailout of the financial system, because the tens of trillions of dollars already committed are not nearly enough."

 
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Move Your Money From Your Giant Bank to a Community Bank





On November 18th, I suggested that everyone:

 
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Pimco CEO: We're Trained to Think the "Farther You Fall, The Higher You'll Bounce Back. We're Hostage to the V"-Shaped Recovery Model





Are we going to have a V-shaped recovery? W-shaped? L-shaped? WWWWW-shaped?

 
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Princeton Economist and Computer Scientists Show that Derivatives Are Inherently Vulnerable to Fraud





Yet another reason these things need to be reined in a tad ...

 
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Economists Are Trained to Ignore the Real World





Elephant? What elephant?

 
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Scientists Considered Pouring Soot Over the Arctic in the 1970s to Help Melt the Ice - In Order to Prevent Another Ice Age





I have no axe to grind, I'm only trying to examine what is true.

This is related to economics and business because governments are contemplating spending a lot of money on climate, and to require businesses to do certain things. Indeed, I just received an email from a financial newsletter titled "What Does Global Warming Have to Do with Energy Stocks?". And there are global carbon ETNs. And last but not least - if global warming advocates are right - the natural systems on which our economy relies are at stake.

 
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Any Climate Treaty Which Does Not Dramatically Reduce Soot Is Not Worth the Paper It's Written On





Carbon trading is a scam. But soot can be reduced COST-EFFECTIVELY, which not only will do a lot in regards to climate (if the world is warming - see Project Mayhem's writings), but will also be good for the health of those who live in China, India and other areas getting mugged by the gunk.

 
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