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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (88853)10/21/2008 9:55:50 AM
From: maxncompany  Read Replies (1) | Respond to of 116555
 
I didn't take any economics courses at Grinnell, so I can't say what they taught Paul. But apparently common sense was not part of the curriculum. Marc Faber was just on CNBC suggesting that no government intervention is the best policy. PIMCO doesn't want to hear that.



To: mishedlo who wrote (88853)10/22/2008 6:55:44 AM
From: John McCarthy4 Recommendations  Respond to of 116555
 
Keynesian Claptrap From PIMCO

Mish
Thanks -

I am waiting for the future argument that people
ain't borrowing *enough* and its these non-borrowers
that have caused our current economic mess.

regards
John