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I feel more like it there is no rhyme or reason for what they do. On the one hand you have a Paul Volcker who is very tight on the money supply. Then you are followed up with Greenspan who is the opposite. There is no consistency...

At last, someone who makes a little sense: http://www.ft.com/cms/s/0/34f7848e-39a7-11de-b82d-00144feabdc0.html?nclick_check=1 The argument here is that the Fed should not be using inflation as its sole target. (Of course, I would argue that the Fed's definition of inflation is bogus as...

What percentage of money managers are good? What percentage of traders are good? My answer: about the same percentage of economists that are good...

The dollars days (as the reserve currency of the world) are numbered but not in the short term. The problem is that no other currency, including the yuan, has the liquidity necessary for global trading and finance. Even the dollar, apparently, hasn't always had the liquidoty that it should...

Well, that's an interesting comment and one that I've made myself many times. But, even so, we don't want the dollar to fall because we've overinflated the currency! Yes, evil can sometimes carry with it some good, but we still have to recognize evil as evil. And imo an overinflated money...

Yeah, you're right. But guess what? It's really not. Look at this Reuters clip where Russia is organizing many of the key nations in the world to use a basket of currencies instead of the dollar. And guess what they're mad about? The very thing that horrified me yesterday: the Fed...

Don't worry. They'll be back soon to save mankind .

smoldering jealousy...

What's another trillion in bailout money? At this point what does it matter?

Nice! A taste of things to come... (esp. if we can charge the batteries in a minute or less!)

I do 180 miles in 3 or 4 days! Are you just a homebody??

You left out another group extemely culpable in all of this - the genius MBA grads and their profs. Read this and weep: http://www.tnr.com/politics/story.html?id=c4e9e361-fcdd-4098-afe5-400051102592

Now we did it! We finally scared China. They're scared and they are even admitting it publicly: http://www.forbes.com/2009/03/13/treasuries-wen-jiabao-markets-economy-china.html If Wen doesn't want our debt and is concerned about our solvency, what makes us thing the rest of the world...

Here's the real story imo: http://www.forbes.com/2009/03/11/batteries-electronics-energy-technology-breakthroughs-batteries.html The electric car may get a huge boost from this technology.

What are we thinking??? The Fed has now loaned out hundreds of billions to foreign treasuries. What position are we in to bail out foreign countries? Am I wrong or is this madness? http://www.huffingtonpost.com/2009/03/17/us-injecting-billions-int_n_175454.html For more than a year...

Didn't mean to imply that. What I meant is that they have been hit harder than most sectors if you look at the indexes. Plus, many of the best stocks are blowing through support levels like they never existed. And all of this in spite of the fact that traditionally med supp and device are...

I've noticed that these have really taken an undeserved bruising since Obama came into office. Does anyone know why? Is it because of fear of nationalized health care? Any info and links would be much appreciated...

My guess: The Swiss maybe are involved with 400 billion of that and maybe 80 billion is at risk. That's a relatively small amount for these people. Plus, what currency is any better at this point??

Exactly. I don't think all of the 1.7 trillion is bad debt but certainly a painfully high percentage will be...

By the way, not every Western European country is exposed directly. Interestingly enough, the Switzerland is in up to their eyeballs and Germany has some exposure as well. But not every country lent significant amounts to EE.