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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (13413)5/7/2004 5:07:25 PM
From: loantech  Respond to of 110194
 
nThe truth will only come out as individual companies in the private sector begin tabulating their credit customers delinquency notices and publishing them. Both consumer and mortgage.



To: TH who wrote (13413)5/7/2004 5:12:24 PM
From: orkrious  Respond to of 110194
 
I'm just wondering if something, anything, close the truth is ever going to get out.


no. <g/ng>

it wasn't any different in 1931. the difference is then there wasn't an internet so a few people like us could know and protect ourselves, and still lose our ass in gold <g/ng>

OT
I cancelled my tee time for tomorrow morning. it's supposed to be 44 degrees with isolated thunderstorms. no thanks.



To: TH who wrote (13413)5/7/2004 6:25:21 PM
From: NOW  Respond to of 110194
 
CPI is a lie, jobs are a lie, I'm just wondering if something, anything, close the truth is ever going to get out."
Welcome to Matrix, version 1984



To: TH who wrote (13413)5/7/2004 9:34:07 PM
From: Knighty Tin  Read Replies (3) | Respond to of 110194
 
TH, GDP is also a lie, due to hedonic pricing. And productivity is derived from the GDP number, so, fruit of the poison tree.

This birth death model thing is what they call a SWAG (a Stupid Wild Assed Guess). One of my smartest clients referred to it as a slush fund for making the numbers look good. It replaced a horrible model that was nicknamed The Entrepreneurial Model. That one over counted jobs for an entire year, then they were corrected in one fell swoop in the final annual numbers. Ah, you say, wouldn't it also under predict at times? You would think so, but that never happened during its existence. <G> So far, this new model corrects many of the flaws of The Entrepreneurial Model, but not the potential for fiddling. I believe the reason we saw the big negative in the January number was due to correcting the previous year's mistakes, but I haven't received confirmation of that yet.