Last Wednesday, I gave my call for monetary policy in the US and Eurozone
The Fed SHOULD hold rates, but I’ve lost all faith in the fed and they are just puppets for Wall Street.
My call:
ECB holds at 4%
Fed drops to 4%
So I was a bit shocked when the Fed only dropped rates 25 bps. I [...]
Whenever I read about “subprime contagion”, I feel frustrated. When you get the flu, does the runny nose cause the muscle aches? No. Just because the runny nose came first doesn’t mean the flu can be described as “runny nose contagion”. The subprime mess was just the first symptom to appear in the bursting [...]
[Update: My friend said they had over 300K views in the first 3 days since they posted it!! It has now been viewed over 590K times. Amazing.]
Here is the latest from the Richter Scales!! Woohoo!!
blog even if you’re wrong
won’t you blog about this song?
Umm
As usual, it is waaayy past my bedtime and I’m STILL groggy from this cold, so what do I do? Post another article of course!
On my way to bed, I just thought I’d point out a good article on MSN Money:
The dollar’s perfect storm worsens
What is the ECB going to do? Raise rates? Not such [...]
Another great video highlighted over at iTulip.
Link
I also like the notes on “Leverage Math” and may dig in a bit and give a little tutorial.
Occasionally, I like to poke my nose in and see what my old comrades are up to over on NP. It seems the infamous thread is still alive and kicking.
However, it appears they are still talking about subprime. When are they going to realize that subprime was merely the first symptom of a massive global [...]
Ha! What did I tell you? It is wayyy past my bedtime and I should be sleeping (especially since I’m sick and feel like I’ve been run over by a truck), but just stumbled on an interesting article from one of my favorite economic development blogs: Design Nine. He points to an article in the [...]
