Recent content by tinmanet

Self-inflicted wounds are invariably the most painful. This one will fester for a LONG time.

Just in time payments is how a pyramid scheme runs. Just sayin' is all.

In the long run, it's ALL about productivity and productivity growth. And right now, we're turning out HS grads by the carload that simply can't compete with Maziar and Chung, and colleges are turning out far fewer engineers than we need. Our productivity growth is doomed to suffer the...

Corp & industry shills are given a voice in EVERY outlet. Why pick on CNBC?:confused:

What planet did that theory come from? Interest bearing assets like US bonds are increasingly LESS valuable as the dollar declines. US goods are more attractive to foreigners since they're CHEAPER but that only makes trade balance worse if we're already in deficit unless we either...

You're right. Gore was right. Understating the deficit by slipping IOUs into the SS slush fund would get a CEO a quick trip to jail but they keep right going on with this charade.

I never heard that theory (GDP - inflation = real GDP) but somehow it makes sense. Any thots?

34 pages on Armenian central banking from '03? -- tell me you're joking

No, the bank isn't going to eat the loss without a fight. Foreclosures can happen without a bankruptcy and even then, I'm not sure the bank is without recourse.

Talked to a realtor yesterday. Inventory is highest in 4 years but prices are not declining in Si Valley.

not with a bang but a whimper... no great crash, just a great decline as the $30 trillion tsunami of unfunded medicare debt rolls in

if you can shelter dollars elsewhere, because the inflation we're going to see over the next few years will take a big bite outta your lunch. Either buy the new gold ETF or foreign stocks & bonds. If you buy international funds, be sure they don't hedge the currency risk.