America's Economic Future – A Discussion By Ted Kavadas
Every so often I will mention the plight of GM as I think it has significance on many fronts. One question that came into my mind recently was “What could have been…” In other words, if GM were to achieve results typical of (at least) a well-run, diversifying/acquisitive company since its peak (defined in an all-things considered, …
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 …
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 …
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. …