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I think with recent events the shares in the Fed are more expensive than shares in Berkshine Hathaway. I read the MSNBC story about who owns the fed, and it's funny, because congress is supposed to control the issuance and printing of money, yet the Fed was setup in such a way as to have...

Because Japan's bubble was of epic proportions. And also because the economy hasn't grown for the last 20 years. Take a look for example at dot com stocks, Microsoft grew their revenues like 5 times from 2000, and the stock is only half way where it was back then. Some stocks were less lucky...

The funny thing is that I heard the exact opposite, that Barclays wanted to acquire Lehman Brothers and that wasn't allowed to happen, Lehman was forced to go under to cause the crisis.

This week has been crazy, the dollar is first page news. It wasnt before! Asia steps in to support gold dollar, until they develop their own consumption that is. Then they let it slide.

"This time it's different" because we are at the end of a credit bubble! It means that at best we can hope for 0% growth for 5-10 years until a miracle technology is introduced (probably green), and until debt levels are back down again. When those 2 factors, debt levels are safe again, and...

Are you trying to audition for the position of a town idiot gastropod? Wild generalizations are likely to be wrong and stupid 100% of the time, good job.

Look how quick they were on the case when a SMALL FRY did insider trading.

Greyson is funny, and you have to like his courage. Why aren't all public officials like that?

In Canada it's the government for most loans. I think a few like med school are given to banks. You have to remember that Wall Street makes money securitizing the student loans, so they probably made sure the market was private.

That doesn't make any sense, why build it in Japan, who has a strong currency now? Ya maybe protectionism..

Ohh, you have a BS in Financial Economics! While a good degree, I'm working on an MA in Economics, how's that for the e-peen. You can't deny the important influence of monetary policy on credit cycles. Greenspan famously lowered rates in 1998, and it led to a huge bubble with gigantic losses...

In the meantime they are getting more power than ever. Power to lend more, power to regulate. Just recently the Fed was given oversight for bank bonus pay. That's like telling the mob boss that he's given responsibility for gun control. He won't do anything, or he'll screw us all. And of...

Ah yes, the "sweat shops are great, they provide jobs to communities" argument. Forget about the fact these people could have their wages doubled and we wouldn't even notice it, that's how low their costs are in the final cost of a product. Or maybe the fact that if you're over 40, you're...

The US won't have 1 active worker for 3 retirees, that's Japan... The US will be a relatively young country with all the immigration going on.

Good stuff, here's an easy math calculation I did. In 1969 you had $6T of real GDP and $2T of real debt. By 2008 you had $14T of real GDP and $10T of real debt. Both debt and GDP increased by $8T over the same period. 14-6 = 8 10-2 = 8 Considering up to that point the US Economy had...

That isn't protectionism. The chinese for example buy the commodity, or build a building and then use chinese labor for it too! That's 100% economic nationalism for China where all wealth is given to chinese and they are using YOUR back yard for their profiting. To want to have indians work...

Click on the second link, go to the chart and right under it, it says who it's from and even the name of the person who did it! You could contact him. I guess globalization spreads the opportunities around, now not only the US and Europe have a monopoly on technology and innovation, but for...

That's possible, I haven't seen the data. A lot of high paying jobs were created in finance though.. how's that one going. I guess the argument is something like, with low paying jobs out the country, you must move up the value chain and add greater value and productivity to a product. As...

I heard it in a few places that Lehman was allowed to fail to make the bailout pass and the other extreme legislation like Fed getting more power. When did Goldman Sachs and Morgan Stanley get holding bank status, after Lehman? I mean for a guy who was against bailouts and helping everyone...

Well real incomes went up during the 70s, and before. I guess I'll have to pull the charts to make the point, aw man ;) Thing is, that real incomes should go up because productivity goes up. Corporate profits have certainly gone up more than inflation. I think you forget the millions of...