On 12/4/09, CeJ jann...@gmail.com wrote:
Before that there was the S L bailout. Chrysler was bailed in
1979. However, this latest one strikes me as a quantitative change
that is turning into a qualitative change, to coin a phrase. The
Financial Times wrote months ago that the bailout was $
I guess one question would be, Are we already in the private equity
economy, and is that why there is so little growth and so few jobs? It
seems that investment interests tap into the American economy though
private equity, hedge funds and mortgage brokers. They tap into it to
get savings from
Ahhh, spring 2008, it was an incredible time. Markets were going to
wash all our problems away and sort themselvs out. I have great
nostalgia for spring of 2008.
http://www.nytimes.com/2008/03/14/business/14econ.html?_r=1
excerpt 1
Many specialists say policy makers can do only so much to
Speaking of predictions, there is this guy's book, which must have
been written 2005-6 and published in 2007.
The other thing we haven't discussed yet was Greenspan and then
Bernanke not being able to raise interest rates. The other other thing
would be so many profit-seeking but unproductive
