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: benwood who wrote (100392)	8/5/2009 3:17:43 AM
From: mishedlo	2 Recommendations Respond to of 116555

Global GDP Rebound Is Underway, But Who's The Buyer? globaleconomicanalysis.blogspot.com Many are cheering the "recovery". Unfortunately, the recovery is nothing more than unsustainable government spending, not just in the US but globally. David Rosenberg talks about the GDP in Tuesday's Breakfast With Dave. ... Mish

To: benwood who wrote (100392)	8/5/2009 7:59:22 AM
From: niceguy767	1 Recommendation Read Replies (1) \| Respond to of 116555

"We avoided a catastrophe, or so we're told by those who stole the 8+ trillions." Plus the $14T, the value placed by the banks of their toxic assets, and paid for by the taxpayer. Interestingly, the Fed advises that it's not in the taxpayers best interests to view the composition of $14T toxic Assets that banks have sold to the government. That's govspeak for: the toxic assaets aren't worth $4T, let alone $14T, methinks. (Just another, and much larger "stealth" bailout for the banks?)

To: benwood who wrote (100392)	8/5/2009 3:09:44 PM
From: skinowski	Read Replies (1) \| Respond to of 116555

As for what will emerge -- we are fascist now, run by and for corporations. .... Whatever passes will benefit corporations and cost citizens, the same as the bailouts of wall street. Interesting points in the post, but I suspect that the above may not entirely apply in the case of healthcare "reform". Politicians apparently think that they no longer need (some of) the corporations (insurers). They are out to take over the field... they're out for the kill. Of course, corporations will make a deal - and in the end will "merge" with the "public option" -- and walk away with a lot of money. (Just like Wendell Wilkie and his friends sold their utilities to Tennessee Valley Authority, after years of trying to "compete" with Roosevelt's pet agency). Shares (and bonds) of health insurers may be a good long trade, albeit relatively high risk - after they get dumped upon the advent of the "public option".