tag:blogger.com,1999:blog-8515247115132134144.post5833126242793230575..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: Commercial and Industrial Loan Chop Suey (Musical Tribute)Stagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8515247115132134144.post-26279533504499242552014-10-03T12:06:43.716-07:002014-10-03T12:06:43.716-07:00Fred,
I don't know. It seems like we have the...Fred,<br /><br />I don't know. It seems like we have the advantage here. Just think of all the practice we have had at running deficits. In fact, I think we may have mastered "deficit technology", lol. Sigh. :(Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-43949991243734904242014-10-03T10:51:57.085-07:002014-10-03T10:51:57.085-07:00Based on the Japanese experience, "long-term&...Based on the Japanese experience, "long-term" can be very long, indeed. But,I guess they had trade surpluses until just recently which helped a lot.<br /><br />FredAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-78465749247419156722014-10-03T02:46:59.372-07:002014-10-03T02:46:59.372-07:00Fred,
In my opinion, the following does not take ...Fred,<br /><br />In my opinion, the following does not take a great leap of faith.<br /><br />This sluggish/weakened disinflationary economy cannot support nominal debt growth rates of 10% over the long-term!<br /><br />We do seem *very* determined to try though, lol. Sigh. :(<br />Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-59168993396789466692014-10-02T22:10:33.037-07:002014-10-02T22:10:33.037-07:00These charts are a nice antidote to all the booste...These charts are a nice antidote to all the boosterish news coming out these days.<br /><br />FredAnonymousnoreply@blogger.com