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

To: mishedlo who wrote (95892)	3/29/2009 9:16:43 AM
From: jrhana	4 Recommendations Read Replies (4) \| Respond to of 116555

This question of: <Who is most to blame for America’s current economic crisis? Clinton Administration and the Democrats in Congress The Bush Administration Wall Street Banks and sub-prime lenders Real estate and mortgage professionals Investors Home buyers> Should have had the additional choice of All of the Above I blame them all-every damn one of them. Everybody stayed at the party all night, and now nobody wants to clean up the mess.

To: mishedlo who wrote (95892)	3/29/2009 1:26:55 PM
From: Killswitch	Read Replies (1) \| Respond to of 116555

Your blog feed seems to be down for the past 24 hrs or so. Not getting your new posts in my google reader. Thanks for your continuing great work.

To: mishedlo who wrote (95892)	3/29/2009 3:27:33 PM
From: axial	Respond to of 116555

Mish, are you speaking from the viewpoint of the Austrian school of economics? It seems that we're at a point where fiat money and interventionist economics are being tested. Nevertheless global responses - according to those precepts - are consistent with past practice and interventionist orthodoxy. If you're saying that the gold (or any other) standard and Austrian economics are the only answer, fine. But it serves no useful purpose to conflate two completely different approaches to the discipline of economics. Message 25531768 From the standpoint of the Austrian school of economics, the US has been headed to disaster for decades. And the present crisis is a symptom, not a cause. JMO, Jim