Silicon Investor (SI) -- The First Internet Community

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

To: Tommaso who wrote (89848)	12/23/2007 12:35:13 PM
From: Haim R. Branisteanu	Respond to of 110194

Tommaso - true food is not a "just in time" item and you are right we need one season in storage. As the NYT article I definitely agree on this point; The question on the minds of many in Congress and in the White House is this: What they should be doing now to keep the economy on track? The right answer: absolutely nothing. The FED will do much better than today congress with it's populist binge

To: Tommaso who wrote (89848)	12/23/2007 11:25:15 PM
From: patron_anejo_por_favor	Respond to of 110194

How to avoid recession?! The problem is with all these Maestro wanna-be's trying to eliminate the business cycle, causing endless bubbles that will eventually end (is ending?) catastrophically. Recessions are only the end of the world if your a politician or imprudent. To others they are an opportunity and a necessary part of correcting excesses.

To: Tommaso who wrote (89848)	12/25/2007 2:07:10 PM
From: Mike Johnston	Read Replies (3) \| Respond to of 110194

"The Fed is now coming under heat for not having prevented the subprime crisis, for not fully anticipating it once it was inevitable, and for not responding more vigorously now that it has occurred" N. Gregory Mankiw is a professor of economics at Harvard. He was an adviser to President Bush and is advising Mitt Romney, the former governor of Massachusetts, in the campaign for the Republican presidential nomination. This "professor" somehow forgot that it was the Fed that created the "subprime crisis", by inducing a huge inflation in housing prices. The only way the Fed could have prevented the "subprime crisis" was to have interest rates at 6% instead of 1%. It seems that the real crisis is a crisis in higher education. Economic ignorance is breathtaking.