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


To: mishedlo who wrote (101995)9/16/2009 12:32:22 AM
From: Broken_Clock2 Recommendations  Read Replies (2) | Respond to of 116555
 
He lives in the insular world of bankers and wall st. traders.

Similar thought patterns of many who would leech off society.



To: mishedlo who wrote (101995)9/16/2009 12:39:04 AM
From: Little Joe  Respond to of 116555
 
I agree with you Mish.

lj



To: mishedlo who wrote (101995)9/16/2009 2:30:51 PM
From: SouthFloridaGuy8 Recommendations  Read Replies (3) | Respond to of 116555
 
The Great Depression is NOT a valid comparison because

a) the Fed was constrained in its abilities to produce monetary inflation

b) Smoot Hawley

c) balance budget requirements

Japan is NOT a valid comparison due to:

a) Demographics

b) Inflexibility of labor markets

c) Maturity of financial markets

d) Immigration policies/Globalized nature of workforce

The better comparison is Asia 1998. Even Russia, which was virtually bankrupt in 1998, had surpassed its prior GDP within a few years.

Post WW2 is the precedent, Mish, you continue to be on the wrong side of this and this time the record is public.