Global Economic April Thread

Talk about the global and national economy to your heart’s content, as much as it takes to get it out of your system so the rest of the site can stick to real estate and housing.

For previous economic open threads, click here.

As of 09/07/2010, global economic comments that do not directly relate to Seattle-area real estate go only in threads designated for this specific subject.

About 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.


  1. 251
    Ben says:

    RE: Kary L. Krismer @ 248 – its not disputable as it is from CAT executives. It’s always helpful to know the context before drawing conclusions.

  2. 252
    David Losh says:

    RE: Kary L. Krismer @ 232

    This is really the discussion that is important. Agribusiness, along with energy, is dominated by quick buck speculators who dabble in pushing up prices, of crashing prices as they buy long or short.

    There is no storage. It’s based on production numbers of phantom product that is always there. You don’t need to start, or stop production. You’ve pointed that out.

    The question is if production is a global constant, why is it so volatile?

  3. 253
    Blake says:

    RE: Kary L. Krismer @ 234
    How much overhead and staff would you need to borrow form the govt and buy the govt’s bonds?
    -snip- Q2 2009, Citigroup received over $23 billion in Fed loans with an interest rate of 0.5% while holding $24.3 billion in U.S. government securities with an average yield of 2.3%.

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