TPS Posted February 20, 2013 Posted February 20, 2013 I found this interesting, but I know it will not sit well with my friends here. http://finance.yahoo.com/blogs/breakout/critics-damned-bernanke-getting-munson-141630347.html
meazza Posted February 20, 2013 Posted February 20, 2013 I found this interesting, but I know it will not sit well with my friends here. http://finance.yahoo...-141630347.html You have friends here????
Dean Cain Posted February 20, 2013 Posted February 20, 2013 I found this interesting, but I know it will not sit well with my friends here. http://finance.yahoo.com/blogs/breakout/critics-damned-bernanke-getting-munson-141630347.html When bonds start falling from 300 year highs you will see Bernanke's stimulus attempts fail. 2 Factors will crush Bernanke; private sector debt & rising interest rates caused by bond defaults.
TPS Posted February 20, 2013 Author Posted February 20, 2013 When bonds start falling from 300 year highs you will see Bernanke's stimulus attempts fail. 2 Factors will crush Bernanke; private sector debt & rising interest rates caused by bond defaults. It's the private sector debt consolidation that has caused this mess, and it what he's been fighting since 2008. You have friends here???? I didn't think I needed to put it in quotes to indicate the sarcasm....
Magox Posted February 20, 2013 Posted February 20, 2013 I remember when Munson said it was a good idea to short gold five years ago and then repeated it again 3 years ago. He knows what he's talking about.
TPS Posted February 20, 2013 Author Posted February 20, 2013 I remember when Munson said it was a good idea to short gold five years ago and then repeated it again 3 years ago. He knows what he's talking about. In other news, interesting action today M...http://www.bloomberg.com/news/2013-02-20/wti-oil-narrows-discount-to-brent-on-seaway-flows.html
Magox Posted February 20, 2013 Posted February 20, 2013 In other news, interesting action today M... http://www.bloomberg...away-flows.html Yep, mismanagement of funds happen all the time, sometimes they bet the wrong way for too long, double down on bets when they shouldn't and then get caught with a liquidity shortage and as a result, positions get closed creating added volatility for a very short time period. When you get the time, look into SEMGROUP I referenced this occurrence the other day.
Dean Cain Posted February 20, 2013 Posted February 20, 2013 It's the private sector debt consolidation that has caused this mess, and it what he's been fighting since 2008. I didn't think I needed to put it in quotes to indicate the sarcasm.... I agree on the front of the private sector debt is the problem. Some 38 to 42 trillion private sector debt crunching down to a likely fall to 20 trillion. We can't have sustainable growth with that much private sector debt. Bernake has FAILED because he's given the banks money at nearly zero percent interest to prop them up as the private sector delever's this debt. If Bernake understood economics he would have let the banks fail, then the debts would have been annulled.
....lybob Posted February 21, 2013 Posted February 21, 2013 You have friends here???? Personally I think he's the about the only person who has a grasp on economics here at PPP
3rdnlng Posted February 21, 2013 Posted February 21, 2013 Personally I think he's the about the only person who has a grasp on economics here at PPP Wow, you seem to believe you have some knowledge about this subject. Just what is your expertise in economics? Is it as extensive as your expertise in the mortgage and real estate field?
Keukasmallies Posted February 21, 2013 Posted February 21, 2013 So I'm thinkin', with things looking pretty good, now is the time to fine tune some of the entitlement programs--snip some here, change some there, decrease this budget, increase that one. Just might not need to raise revenues through tax rate changes; let the "pretty good" that's happening right now feed more revenues into the federal coffers automatically, eh?
meazza Posted February 21, 2013 Posted February 21, 2013 Personally I think he's the about the only person who has a grasp on economics here at PPP Being an economics professor, that would most likely be a pre-requisite wouldn't you think?
Wacka Posted February 21, 2013 Posted February 21, 2013 Wow, you seem to believe you have some knowledge about this subject. Just what is your expertise in economics? Is it as extensive as your expertise in the mortgage and real estate field? He saw Glengarry Glen Ross.
TakeYouToTasker Posted February 21, 2013 Posted February 21, 2013 Apparently the definition of the word "right" has been amended to include "things that are incorrect".
Chef Jim Posted February 21, 2013 Posted February 21, 2013 Personally I think he's the about the only person who has a grasp on economics here at PPP And what the hell does that have to do with having friends? Oh that's right I would validate meazza's question.
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