tag:blogger.com,1999:blog-8515247115132134144.post5046665511848690153..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: 37.9 Million Missing Jobs (Musical Tribute)Stagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-8515247115132134144.post-34247391189408911492011-04-29T01:26:26.545-07:002011-04-29T01:26:26.545-07:00My point exactly. And it certainly isn't Keyne...My point exactly. And it certainly isn't Keynesian cheese by any stretch of the imagination.nanutenoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-16227594434575711002011-04-28T16:13:36.301-07:002011-04-28T16:13:36.301-07:00nanute,
The Gov't Cheese doesn't seem all...nanute,<br /><br />The Gov't Cheese doesn't seem all that evenly spread. I will give you that. Perhaps it is a hard cheddar and as such can only be given out in large chunks to the most deserving.<br /><br />And who should deserve the cheese more than the banking system that helped create all this mess?<br /><br />Desk. Forehead. Whack. Whack. Whack.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-6098122807798132292011-04-28T02:02:28.336-07:002011-04-28T02:02:28.336-07:00Mark,
I wasn't referring to the graph. I shoul...Mark,<br />I wasn't referring to the graph. I should have been a bit clearer.I'm questioning the Keynesian Gov't Cheese stimulus line.I don't think the US has ever tried a true Keynesian stimulus; not even during the 1st depression.nanutehttps://www.blogger.com/profile/04526158764171117978noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-56412372218288461302011-04-27T19:13:36.771-07:002011-04-27T19:13:36.771-07:00MaxedOutMama,
"...It wasn't even an illu...MaxedOutMama,<br /><br />"...It wasn't even an illusion. An illusion fades away and you are left with reality, but the illusion doesn't change reality.<br /><br />It was an out-and-out fraud."<br /><br />Oh oh. I've got blog naming remorse.<br /><br /><b>Corruption of Prosperity</b><br /><br /><i>I want either less corruption or more opportunity to participate in it.</i><br /><br /><a href="http://www.despair.com/corruption.html" rel="nofollow">Despair.com</a> for the win. Sigh.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-56525368386216434072011-04-27T19:04:02.568-07:002011-04-27T19:04:02.568-07:00Hmm - an anti-Semitic code word thingie? My verifi...Hmm - an anti-Semitic code word thingie? My verification word is "jewiesse"? This can get you offed in Afghanistan, I suspect. <br /><br />If you look at withdrawals from home equity (much of it fake home equity) plus the increase in CCs, it's clear that the economy of the aughts was a fake all the way through. <br /><br />I don't think Troy is kidding, but I know I'm not. It wasn't even an illusion. An illusion fades away and you are left with reality, but the illusion doesn't change reality.<br /><br />It was an out-and-out fraud.MaxedOutMamahttps://www.blogger.com/profile/08011469804162511617noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-64586085856157545572011-04-27T18:26:31.595-07:002011-04-27T18:26:31.595-07:00Troy & nanute (& all),
Here's a hard ...Troy & nanute (& all),<br /><br />Here's a hard link to Troy's chart.<br /><br /><a href="http://research.stlouisfed.org/fred2/graph/?g=gN" rel="nofollow">CMBDEBT and GEXPND</a><br /><br />P.S. I don't think Troy is kidding.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-66151671124802849452011-04-27T18:24:20.541-07:002011-04-27T18:24:20.541-07:00MaxedOutMama,
This time it is different. The pill...MaxedOutMama,<br /><br /><i>This time it is different. The pill made it so.</i><br /><br />Someday we'll find out all these placebos were actually nocebos (and yes, nocebo is an actual word, go figure).Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-11576290003586195842011-04-27T13:11:58.408-07:002011-04-27T13:11:58.408-07:00Troy,
You're kidding,right?Troy,<br />You're kidding,right?nanutenoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-73068279264328903572011-04-27T10:26:49.859-07:002011-04-27T10:26:49.859-07:00CMDEBT could only take us so far . . .
http://res...CMDEBT could only take us so far . . .<br /><br />http://research.stlouisfed.org/fred2/graph/?g=gN<br /><br />It took a $1T+ annual consumer debt draw (blue line) to keep us from falling during the previous decade.<br /><br />The red line is increase in government spending; we can see that "Keynesian" gov't cheese hasn't ~quite~ replaced the mother of all credit bubbles.Troynoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-82431646633913435612011-04-27T05:08:05.814-07:002011-04-27T05:08:05.814-07:00Mark,
"The Future's So Bright, I Gotta We...Mark,<br />"The Future's So Bright, I Gotta Wear Shades." I suspect the policy makers are wearing blinders, though.nanutehttps://www.blogger.com/profile/04526158764171117978noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-6488483136429130502011-04-26T21:33:04.904-07:002011-04-26T21:33:04.904-07:00This is true, Mark. This is true.
This time it is...This is true, Mark. This is true.<br /><br />This time it is different. The pill made it so.MaxedOutMamahttps://www.blogger.com/profile/08011469804162511617noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-86150374596814746892011-04-26T19:24:19.576-07:002011-04-26T19:24:19.576-07:00As a side note, all economic predictions based on ...As a side note, all economic predictions based on 70+ years of historical performance are now suspect.<br /><br />I'm talking specifically to you <a href="http://illusionofprosperity.blogspot.com/2011/02/more-dangerous-advice-from-jeremy.html" rel="nofollow">Jeremy Siegel</a>.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.com