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


To: ajtj99 who wrote (95358)3/16/2009 10:35:43 AM
From: axial  Read Replies (1) | Respond to of 116555
 
Great article, great post. Particularly like the fact that mainstream media's failure to follow this story is noted. That failure continued right up to the days when global markets almost crashed.

If it wasn't for commentators like Mish, most people wouldn't have had any idea what was coming.

The sweetheart relationship between Wall Street actors, with key players now in oversight roles continues to this day. Check Geithner, these days: does he get it, yet?

Has use of derivatives declined? Or while taxpayers are bailing out the boat, is Wall Street risking taking on more water?

Does anybody here seriously believe there are any counterparties that can successfully cover defaults on some of the huge CDS being written?

Jim




To: ajtj99 who wrote (95358)3/16/2009 12:44:04 PM
From: see clearly now1 Recommendation  Respond to of 116555
 
Worswick was on to Derivatives with his SI thread which dates back to august 1998!!

Subject 22689



To: ajtj99 who wrote (95358)3/16/2009 1:41:47 PM
From: mishedlo1 Recommendation  Respond to of 116555
 
Industrial Production Drops; NY Manufacturing Index Hits Record Low
globaleconomicanalysis.blogspot.com
Two more grim news items hit the stands today. Please consider U.S. Industrial Production Fell 1.4% in February. ...
Mish



To: ajtj99 who wrote (95358)3/16/2009 2:28:57 PM
From: ggersh  Respond to of 116555
 
You woulda thought that LTCM in 98 would've woken those Assholes up! It shows who is really in control of our country.

BTW a great read! Thanks.