Heinz Blasnik- Views You Can Use Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Heinz Blasnik- Views You Can Use

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Eva	2/23/2012 11:09:18 AM
	1 Recommendation of 4904

updates -- trotsky, 19:00:49 02/22/12 Wed [1] Has Real Estate Hit Bottom? by Ramsey Su Ramsey looks at the question whether real estate has hit the bottom, which has lately crept up more frequently again. As he notes, the question hardly makes sense in a market where government entities provide 90% of credit and that has been distorted by one intervention after another. What will this market look like when all the artificial support is removed? That is the real question. acting-man.com The Age of Kremlinology With the activities of central banks nowadays the major factor moving markets, we are happy to report that a recent WSJ article confirms what we have said all along: parsing the utterances of the monetary bureaucrats is the functional equivalent of 'Kremlinology' - the parsing of the Soviet politbureau's statements during the cold war. There is another similarity: during the cold war, the CIA overestimated the military and economic prowess of the Soviet bloc by an order of magnitude, which caused the birth of entire political movements such as the neo-conservatives and no doubt greatly contributed to the unchecked growth of the military-industrial complex. When the COMECON collapsed, people were shocked to find out how profoundly bankrupt it really was. Even the supposed 'economic powerhouse' of the Eastern Bloc, the GDR, was nothing but a Potemkin village (and even its facades were crumbling). Today, a similar mistake is made when assessing the prowess of the monetary bureaucracy. While its activities certainly influence markets in the short to medium term, it by no means has them 'under control'. The myth of the omnipotence of central banks is one that is bound to produce a major disappointment for the faithful, who even after the 2008 debacle still hold fast to their conviction that the markets will always obey the wishes of the planners. acting-man.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next