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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