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    Notable Economists Contend That Empirical Data Show That Global Depression Has Begun

    I have it on very good authority that the Pentagon has quadrupled its orders for the Joint Strike Fighter. Now, I don't know if that means anything or not, but given how expensive that aircraft is, and given its capabilities, it should mean something.
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    Notable Economists Contend That Empirical Data Show That Global Depression Has Begun

    I posted this article because it's one of the more thorough and analytical ones speaking to the credit crisis and consequent ramifications, as well as government intervention, that I've seen, ever. It's refreshing to see there are people on ET who appreciate such articles, data and points of...
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    Wow, I've Never Seen So Many 'Trading' Systems & Seminars Advertised on TV

    Whatever happened to that ridiculously stupid 'Gorilla Trades' program? <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/J5yGTrlY3X4&color1=0xb1b1b1&color2=0xcfcfcf&hl=en&feature=player_embedded&fs=1"></param><param name="allowFullScreen"...
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    Notable Economists Contend That Empirical Data Show That Global Depression Has Begun

    I'm on top of the world there, chief. Tons of liquidity, getting to pick out assets for a song and a dance that I've wanted in the past, but was too disciplined to pay inflated prices for, and waiting for a time like the upcoming period to deploy twice or three times the purchase power for...
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    Notable Economists Contend That Empirical Data Show That Global Depression Has Begun

    C'mon, I simply posted a well-written and researched (there are even footnotes!) article. And Gerald Celente bought a trained German Shepperd recently as he expects social unrest.
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    Notable Economists Contend That Empirical Data Show That Global Depression Has Begun

    Citations (1) Lessons from the Great Depression for Economic Recovery in 2009, Presentation to the Brookings Institution, 9 March 2009 (2) Pessimism porn? Economic forecasts get lurid, by Dan Harris, abc news, 9 April 2009. http://abcnews.go.com/Technology/Story?id=7299825&page=1 (3)...
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    Notable Economists Contend That Empirical Data Show That Global Depression Has Begun

    CONTINUED 3) Another Great Depression? The spectre of the Great Depression haunts us today, as people worry that the current crisis might develop into a full-blown depression. So, are we in another Great Depression now, or are we sliding into one? There is no official definition of what...
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    Notable Economists Contend That Empirical Data Show That Global Depression Has Begun

    CONTINUED The customary theories assume that the ‘normal’ state of affairs is a market that operates without problems; the business cycle has ups and downs, but recessions are usually self-adjusting and manageable. According to this logic, a depression must be caused by factors outside...
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    Notable Economists Contend That Empirical Data Show That Global Depression Has Begun

    CONTINUED The US downturn led Europe to decline further from its sluggish 1920s. In particular, the Smoot-Hawley tariff imposed by the US in 1930 would encourage beggar-thy-neighbour policies and the demise of trade relations, which ultimately hurt Europe more than the US. In 1931 a financial...
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    Notable Economists Contend That Empirical Data Show That Global Depression Has Begun

    http://www.spiked-online.com/index.php?/site/article/6622/ The ‘credit crunch’: another Great Depression? To understand the current economic crisis, we need to look beyond the obsession with finance to the deeper structural problems of capitalism. Friday 1 May 2009 Sean Collins...
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    Government Giving Out Mosquito Eating Fish To Put In Pools of Abandoned Homes

    http://www.syracuse.com/news/index.ssf/2009/04/hordes_of_mosquitoes_rise_from.html Swarms of mosquitoes rise from abandoned pools at foreclosed homes by The Associated Press Wednesday April 22, 2009, 9:14 AM NEW ORLEANS (AP) -- Mosquito control workers can measure the recession by the...
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    Wow, I've Never Seen So Many 'Trading' Systems & Seminars Advertised on TV

    Not even close to this many - and not just on financial channels, but on weekends during the day on cable channels and major networks, too (NBC, ABC, CBS). There's one that' constantly being advertised during the day and at night on Fox and ABC which has Jimmy Johnson as a spokesman...
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    Few, If Any, Presidents Have Come to Office W/Obama's Knowledge of the SCOTUS

    I'm one of the biggest critics of Obama's game plan on the economy - I think it's less an infrastructure building exercise than it is about 'golden' treatment of some banks that this and the previous administration show favoritism towards. I despise the way he's throwing meat to Goldman, JP...
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    Few, If Any, Presidents Have Come to Office W/Obama's Knowledge of the SCOTUS

    http://www.nytimes.com/2009/05/03/us/politics/03obama.html?_r=1&hp As a Professor, a Pragmatist About the Supreme Court Barack Obama teaching law at the University of Chicago. Article Tools Sponsored By By JODI KANTOR Published: May 2, 2009 Many American presidents have been...
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    Buffet Is Somber & Gloomy @ Berkshire Meeting: Says Worst Is To Come

    He has, up until this date, lost 25 billion personally. http://news.bbc.co.uk/2/hi/americas/8030727.stm
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    Buffet Is Somber & Gloomy @ Berkshire Meeting: Says Worst Is To Come

    http://www.nytimes.com/2009/05/03/business/03buffett.html?_r=1&hp Buffett Says Bets May Cost His Company Money By REUTERS Published: May 2, 2009 OMAHA (Reuters) — Warren E. Buffett acknowledged Saturday that his company, Berkshire Hathaway, would probably lose money on some of...
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    "A Laughingstock in Paris"

    More whining from jficquette, who starts 20 posts per day about Obama. I'd support giving jficquette his own Obama forum, to clear the clutter from P&R, and so his vagina heals and feels better.
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    Obama says financial sector to shrink

    Hey there, pal, but I think your ass buddy Dumbya did that. I'm not a fan of Obama's economic policy in the least, but if you want to blame anyone for the downfall of this nation (at a political level), your boy George did more than anyone to stray from conservative fiscal and foreign policy...
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    The real reason treasuries are falling

    I find this thread and the post below to be very relevant and timely, and begs an intense issue that has many scratching their heads. RR, I think you're on to something; I think tax revenues will be reported to have absolutely cratered, and at a time when government spending as a % of GDP is...
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