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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (32)9/21/2001 5:28:38 PM
From: smolejv@gmx.net  Respond to of 218083
 
>>Consumer expending slack is taken over by government, right?<<

This would probably HAVE to happen even without 11.09.01. It's a question thou how much slack will come from J6P and what the amount of unplanned/new spending will be. I guess both will be BIG - inflation plus weak dollar to pay for it?

dj



To: elmatador who wrote (32)9/23/2001 5:30:13 AM
From: Yorikke  Read Replies (1) | Respond to of 218083
 
For anyone interested in getting a better idea of the fundementals of what we are facing, based on the Japanese model, I suggest the following reading from the Levy Institute. There are a number of articles on the site that are quite relevant to the situation in todays economy....interesting in that they were written some time ago and predicted the situation. Minsky's theories, on which this article is based, are quite interesting and readable.
Paper No: 303 by Marc-André Pigeon

"'It' Happened, but Not Again : A Minskian Analysis of Japan's Lost Decade,"
June 2000

Levy Institute main page: levy.org