Category: Economic
Things having to do with economic / financial issues.
Stimulus May Raise Your Rates
“Will anyone buy all the debt the government is issuing to pay for its bailout programs? If not, interests rates on a whole host of things could jump.”
A Graphical Look At Bear Markets

Housing Prices Are Still Way Too High
The Housing Chart That’s Worth 1000 Words
“Here’s the big problem with almost all the current rhetoric about the housing crisis: It presumes that the goal should be to get house prices rising again. The problem with that idea is that, even after a 25% decline, house prices are still way too high.” Link
Confused about the credit crisis?
Here’s a good video that helps explain in simple graphical terms what has happened. It’s from http://crisisofcredit.com/
Recession to last several years?
Quoting the Fed: “All participants anticipated that unemployment would remain substantially above its longer-run sustainable rate at the end of 2011, Continue reading “Recession to last several years?”
Recession will be worst since 1930s: Greenspan
Obama’s Stimulus: Good For Government, Bad For the Economy
The Day The Economy Almost Died
It was about September 15th. Here’s the facts, and we don’t even talk about these things. On Thursday at about 11:00 in the morning, the Federal Reserve noticed Continue reading “The Day The Economy Almost Died”
Downsizing America
One of my favorite blogs, TheBigPicture, has an interesting look at the amount of contraction going on in the economy.