Green Shoots

I find it interesting that the term “Green Shoots” seems to have been eradicated in any official government comments regarding the economy.  I am not sure why this is so, as the term itself seems rather innocuous. There must be a reason for its demise, however… SPX at 907.07 as this post is written

A Limited Time Offer

I get the feeling that many people believe that we will get many opportunities to resolve The Financial Crisis and the associated economic difficulties now present.  In other words, should the already enacted interventions, stimulus plans, bailouts, etc. not work, we as a nation won’t be limited in our number of potential efforts and will …

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The National Debt and Deficits

John Taylor wrote the following article “Exploding Debt Threatens America”: http://www.ft.com/cms/s/0/71520770-4a2c-11de-8e7e-00144feabdc0.html?nclick_check=1 Although I don’t agree with some of his figures and reasoning, the central point is important:  This debt level is a serious problem. It also illustrates the difficulty of  ridding ourselves of this level of indebtedness.   These issues will likely get greater attention now that sovereign debt …

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Ireland’s Sovereign Credit Rating

I found this story to be of significance, regarding Ireland’s sovereign credit rating: http://www.cnbc.com/id/31164904 Also, as background info, this story was worth reading: http://money.cnn.com/2009/05/13/news/international/tully_ireland.fortune/index.htm In my opinion, the broader signficance is that sovereign credit ratings (and associated issues) appear to be getting more scrutiny; and this should only intensify if there is greater economic weakness. SPX …

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Rep. Barney Frank interview – my comments

Here is a recent interview of Rep. Barney Frank on CNBC.  I found the first few minutes to be interesting, as well as disconcerting in many ways: http://www.cnbc.com/id/30980892 What nearly everyone, especially the decision-makers in Washington, don’t seem to grasp is the risks inherent in large-scale market interventions.  One question to ask might be, “If large-scale market …

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Inaugural post

I have read that there are 60,000,000 blogs on the internet.  Assuming this is true, why create # 60,000,001? Because I believe that the Financial Crisis, and our future economic situation, has been discussed incompletely and/or inaccurately.  In my opinion, there is a societal misunderstanding of the Financial Crisis, its potential risks, and probable outcomes.   …

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