tag:blogger.com,1999:blog-4921988708619968880.post1916667431859108875..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, September 10 2008: Unintended ConsequencesIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-4921988708619968880.post-54866587202055929882008-09-11T10:13:00.000-04:002008-09-11T10:13:00.000-04:00Stoneleigh- we did watch the movie. Plenty of goo...Stoneleigh- we did watch the movie. Plenty of good stuff there. Son Beelar, just finishing a PhD, summed up : "well, it's annoying." :-) Substantial praise. <BR/><BR/>Like someone else here, I'm kind of choking on the Fibonacci stuff, and I have worries about correlations and causalities; but- lots of good things to chew on. Thanks.Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41408965712173342632008-09-11T09:42:00.001-04:002008-09-11T09:42:00.001-04:00EB,Krugman is trying to distinguish between deflat...EB,<BR/><BR/>Krugman is trying to distinguish between deflation as we discuss it here (a collapse of the money supply due to deleveraging and the evaporation of credit) and what others often call deflation (falling prices). 'Debt deflation' is his term for the monetary phenomenon, while so-called 'price deflation' is a blanket term that isn't very useful for the purpose of understanding what is Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41357698189655789912008-09-11T09:42:00.000-04:002008-09-11T09:42:00.000-04:00Apropos of not much here, but this group is about ...Apropos of not much here, but this group is about the only one I can say this to:<BR/><BR/>Thomas Friedman has his new book out; on how the US should "grow" its way out of peak oil, global warming, and anything else bad. It's called "Hot, Flat, and Crowded". whoo hoo.<BR/><BR/>He finally understands that yes, there ARE some real problems here. yay. He's still selling the idea though that freeGreenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79645229562093277992008-09-11T09:35:00.000-04:002008-09-11T09:35:00.000-04:00Ooof - looks like another bad day at Lehman...Ooof - looks like another bad day at Lehman...EBrownhttps://www.blogger.com/profile/02894676347259218501noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-59233836164345846312008-09-11T06:05:00.000-04:002008-09-11T06:05:00.000-04:00snuffy says "The appearance of normalcy is still m...snuffy says "The appearance of normalcy is still mostly there." (WaMu)<BR/>All appears normal at 5th3rd and Keybank too. Business as usual. Never had any issues with either bank.<BR/>Anonymous ReaderAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40211005913854776932008-09-11T00:47:00.000-04:002008-09-11T00:47:00.000-04:00As wamu is the bank I use,I have been making a hab...As wamu is the bank I use,I have been making a habit of leaving as little as possible...like gas money and "pay as you go" "business"transactions....I have known how shaky these dudes were for a long time,but,as my wife says,"They are all bankrupt,and all try to screw you from day one.Take your pick.Wamu is at least nice to its customers."[At least they have been so Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-30240427167692559092008-09-10T22:03:00.000-04:002008-09-10T22:03:00.000-04:00Is it just me or have the headlines in the financi...Is it just me or have the headlines in the financial media taken a turn for the worse lately? And by worse I mean generally more pessimistic...<BR/><BR/>I can find bad news everywhere now, much like during the spring when the market went DOWN. I suppose most headlines are after the fact rationalizations, so if the markets are falling the reporters tag it with something downbeat.<BR/><BR/>I EBrownhttps://www.blogger.com/profile/02894676347259218501noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-38465294954278405632008-09-10T15:47:00.000-04:002008-09-10T15:47:00.000-04:00Jim Rogers on bloomberg twice in a day:http://tiny...Jim Rogers on bloomberg twice in a day:<BR/><BR/>http://tinyurl.com/569htv<BR/>http://tinyurl.com/57fpnmAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-57226959325241276582008-09-10T15:43:00.000-04:002008-09-10T15:43:00.000-04:00A cartoon model of the crisis.<A HREF="http://krugman.blogs.nytimes.com/2008/03/10/a-cartoon-model-of-the-crisis-more-serious-wonkery/" REL="nofollow">A cartoon model of the crisis</A>.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-81337299404657117372008-09-10T14:46:00.000-04:002008-09-10T14:46:00.000-04:00ilargi, the sequence of today's date seems like a ...<I>ilargi, the sequence of today's date seems like a con. Was that intended?</I><BR/><BR/>nope, I simply had no time to review everything. and that's a lot these days. my cat had a vet date<BR/><BR/>I changed the date in the title, but the URL stays, I can repair that, but then all comments are erased<BR/><BR/>oh well.......... as unintended goes...Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-23386883075125904142008-09-10T14:29:00.000-04:002008-09-10T14:29:00.000-04:00At what point do PMs become preferable to cash? I ...At what point do PMs become preferable to cash? I know they probably won't beat inflation, but I they might keep up.<BR/><BR/>In other words, Ilargi mentioned specific signs that would signal the possibility of deflation winding down. I know this will likely take quite a while, and whether we come out of it with a financial system that resembles the current one in an meaningful way is quite Unknownhttps://www.blogger.com/profile/12449452173636791089noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41509692823476058802008-09-10T13:54:00.000-04:002008-09-10T13:54:00.000-04:00It is interesting today that you mentioned 2 of Oh...It is interesting today that you mentioned 2 of Ohio's banks that are troubled: Fifth Third and Keybank. Unfortunately, we have accounts at both. <BR/><BR/>We didn't start out with these regional banks. Our local savings & loan was bought by 5th3rd, and Keybank morphed out of Society which morphed out of 3rd National Bank.<BR/> <BR/>Spouse and I have been slowly drawing out cash, and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-75268500340201389382008-09-10T13:33:00.000-04:002008-09-10T13:33:00.000-04:00ilargi, the sequence of today's date seems like a ...ilargi, the sequence of today's date seems like a con. Was that intended?Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.com