Re: The Post-Market Economy - Part I: Chaos on Planet ZIRP - Eric Janszen

One can recognize the charming killer smile of our president under the hood.
Chairman Bernanke is hidden in the cowhide....

One can recognize the charming killer smile of our president under the hood.Chairman Bernanke is hidden in the cowhide....

“Politics, n. A strife of interests masquerading as a contest of principles.”
― Ambrose Bierce

“Right, as the world goes, is only in question between equals in power, while the strong do what they can and the weak suffer what they must.”
― Thucydides, The Landmark Thucydides: A Comprehensive Guide to the Peloponnesian War In a time of drastic change it is the learners who inherit the future. The learned usually find themselves equipped only to liv...

I really like this flowchart except for one disturbing interpretation I discovered in your presentation. "Global Reflation" - "Dollar Depreciation" - "Oil Price Recovery" seems to operate backwards in time, i.e. future events influence the past. The same problem exists with the previous ... "Global Recession" - "Oil Demand Crash" - "Oil Price Crash". I suspect this is an artifact of your presentation method but it is unsettling once noticed. Don't give up. This rats nest of process interaction...

Those who cannot remember the past are condemned to repeat it.” - George Santayana

Deflation is back in the headlines. Quantitative easing (QE) is the call.
• Can the government and the Fed keep the money supply growing and prevent deflation?
• Is the deflation a real threat?
• How much QE is required?
• Or is QE irrelevant?
• Double-dip recession or staggering recovery?
• Gee, can’t we just depreciate the dollar again?
• From the Complaints...

I would be happy to take the other side of that bet. I don't have any difficulty imagining there will be more deepwater rigs drilling for oil in the Gulf of Mexico five years from now than there were just before the Deepwater Horizon ignited. As the cheap supply of oil depletes it has become a difficult and dangerous job to find more of the stuff. The citizens of the USA may finally be starting to understand that...some day maybe their politicians will catch up with them. The current ban on dril...

Debt-deflation Bear Market Update - Part I: First Bounce officially over (really)

Why stock markets, oil prices, but not precious metals prices are falling

• FIRE Economy re-start flames out
• Housing bust recession not over
• Fed selling deflation, again

Only 27 days? Feels like years since the DOW stood more than 1000 points taller back when we published The Next Crash on April 28. Not a forecast of an imminent correction....

Is it a sign?


http://www.youtube.com/watch?gl=GB&h...&v=EClrSJqy92k...

Bill Black's at House Financial Services hearing on Lehman Bros. failure Apr. 20, 2010 (8min.)
Posted by: LargoWinch 04/21/2010