tag:blogger.com,1999:blog-4921988708619968880.post985033072049262561..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, May 10 2008: When there’s no future how can there be sin?Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4921988708619968880.post-35609164270907797242008-05-11T10:57:00.000-04:002008-05-11T10:57:00.000-04:00The bailout is just juicy - welfare for banks so t...The bailout is just juicy - welfare for banks so they keep moving another year or two, those losing their homes still lose them, just a little later, and then they get to keep paying due to the tax burden for the bailout.<BR/><BR/> We are <B>so</B> clever; a perfect little trap where every solution of the day brings more suffering the next year..https://www.blogger.com/profile/03915219261001181341noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37943946497848673302008-05-11T02:14:00.000-04:002008-05-11T02:14:00.000-04:00Link to SFgate article at teh heart of the housing...Link to SFgate article at teh heart of the housing bust - wow. 98% decline in building permits YoY. Wow.<BR/><BR/>http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/05/10/MNGE1095FT.DTL&tsp=1EBrownhttps://www.blogger.com/profile/02894676347259218501noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-39437357937711502822008-05-10T17:05:00.000-04:002008-05-10T17:05:00.000-04:00Hey Bigelow,Yes, John Williams is spectacularly co...Hey Bigelow,<BR/><BR/>Yes, John Williams is spectacularly confused. His definition of deflation sort of says it all. He has some very good numbers, but someone should keep him away from drawing his own conclusions from them.<BR/><BR/>His focus on M3 is a tad worrisome, I think. Mike Shedlock has torn into that bright and clear.<BR/><BR/>So we have to read Williams, since he's good at collecting Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-89000078799822656992008-05-10T13:25:00.000-04:002008-05-10T13:25:00.000-04:00Never considers a derivatives implosion trumping i...Never considers a derivatives implosion trumping inflation, or what if big time bank runs occur. Definitions are loose: “Deflation. A decrease in the prices of goods and services, usually tied to a contraction of money in circulation.” <B>Some great graphs.</B><BR/><BR/><A HREF="http://www.shadowstats.com/article/292" REL="nofollow"> HYPERINFLATION SPECIAL REPORT</A>, John Williams Shadow Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.com