Posted by: Timothy Ellis (The Tim)

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

111 responses to “Global Economic November Thread”

These comments are paged! This is page 2. Navigate the pages here:
1 2
  1. Blurtman

    Debt jubilee, suggests Steve Keen.

    http://www.youtube.com/watch?NR=1&v=SkesgECRXtM

    Rate this comment: Thumb up 0

  2. pfft

    The Woman Who Knew Too Much
    http://www.vanityfair.com/politics/features/2011/11/elizabeth-warren-201111

    great article about elizabeth warren.

    this BI article shows the perils of the new gold standard. we can see why the world went off the gold standard. it’s too restrictive. internal devaluation is too painful.

    The Entire Sovereign Debt Crisis Can Be Understood By Looking At Sweden Vs. Finland
    http://www.businessinsider.com/sweden-vs-finland-2011-11#ixzz1exHwjy7j

    Rate this comment: Thumb up 0

  3. ChrisM

    RE: pfft @ 2 – Wish I knew what EW expected to do in the Senate. I agree w/ Yves Smith, I think EW is blowing an opportunity to do something significant.

    EW’s book is certainly worth reading. Written in 1998, she talks about high housing costs!!!
    http://www.amazon.com/Two-Income-Trap-Middle-Class-Parents-Going/dp/0465090907/

    Rate this comment: Thumb up 0

  4. pfft

    By ChrisM @ 103:

    RE: pfft @ 2 – Wish I knew what EW expected to do in the Senate. I agree w/ Yves Smith, I think EW is blowing an opportunity to do something significant.

    EW’s book is certainly worth reading. Written in 1998, she talks about high housing costs!!!
    http://www.amazon.com/Two-Income-Trap-Middle-Class-Parents-Going/dp/0465090907/

    the Senate is a high-profile job though. she’ll have a platform everyday plus she can still be involved in watching over Wall Street.

    Rate this comment: Thumb up 0

  5. Trigger

    RE: pfft @ 100 – Pfft – The infrastructure looks ok but not great. It will not revolutionize the economy. But at least the dilapidated infratructure will not kill the economy. But this tactic is kind of like damage control. I was thinking of something more ambitious.

    Otherwise what will happen is that the rest of the world will start catching up and it will get harder and harder to compete in the global marketplace.

    Rate this comment: Thumb up 0

  6. pfft

    By Trigger @ 105:

    RE: pfft @ 100But at least the dilapidated infratructure will not kill the economy.

    actually no. studies show that lack of infrastructure could cost our economy tens if not hundreds of billions of dollars.

    ok after a quick google whirlwind it may cost trillions.

    Report: Crumbling transportation infrastructure could cost U.S. $3.1 trillion
    http://www.metro-magazine.com/News/Story/2011/07/Report-Crumbling-transportation-infrastructure-could-cost-U-S-3-1-trillion.aspx

    Rate this comment: Thumb up 0

  7. Trigger

    RE: pfft @ 106
    Yours is correct
    actually no. studies show that lack of infrastructure could cost our economy tens if not hundreds of billions of dollars.

    That’s also correct:
    at least the dilapidated infratructure will not kill the economy.

    What I was hoping for is that there are ways you can revolutionize the economy. Those are all good things we are doing now. But they are not like the time when a computer was invented.

    Rate this comment: Thumb up 0

  8. pfft

    By Trigger @ 107:

    RE: pfft @ 106
    Yours is correct
    actually no. studies show that lack of infrastructure could cost our economy tens if not hundreds of billions of dollars.

    That’s also correct:
    at least the dilapidated infratructure will not kill the economy.

    What I was hoping for is that there are ways you can revolutionize the economy. Those are all good things we are doing now. But they are not like the time when a computer was invented.

    yes. studies show that if you don’t fight the liquidity trap as much as possible you reduce the long-run growth rate, and thus people’s lives, for a very long time.

    who cares about computers if you don’t have a job?

    Rate this comment: Thumb up 0

  9. Trigger

    RE: pfft @ 108 – We are not in disagreement here. Look at even how Dow reacted after Europe decided to do some printing. This is good. It makes sense to invest in infrastructure however if there are better opportunities that will revolutionize the economy then this is even better.

    Rate this comment: Thumb up 0

  10. pfft

    By Trigger @ 109:

    RE: pfft @ 108 – We are not in disagreement here. Look at even how Dow reacted after Europe decided to do some printing. This is good. It makes sense to invest in infrastructure however if there are better opportunities that will revolutionize the economy then this is even better.

    europe didn’t print. it just did some swaps. if europe printed the dow would have gone up way more.

    Rate this comment: Thumb up 0

  11. Blurtman

    RE: ChrisM @ 103 – She’s got a long slog ahead of her unless she can do something really clever before she burns out in 10 years. She will be assimilated. Or marginalized like Bernie.

    Rate this comment: Thumb up 0

These comments are paged! This is page 2. Navigate the pages here:
1 2

Leave a Reply

Do you want a nifty avatar picture next to your name, instead of a photograph of Tim's dog? Just sign up with Gravatar, and make sure to use the same email address in the form below. It's that easy!

Please read the rules before posting a comment.

You have 500 comments remaining on this post.

Archives

Find us on Google+