Comments on: Economic Recovery: Demanding More Purchasing Power

By: Lost & Found

Lost & Found — Wed, 10 Feb 2010 12:46:57 +0000

I am not so sure that demand (not even theoretically) is always unlimited. But then, if you are in the game you may see it differently.

By: doug

doug — Wed, 10 Feb 2010 02:54:25 +0000

Dean said
“Anyway young curly makes Palin look like an intelligent and witty speaker.”
But then she opened her mouth and still sounded like a moron . Substance over form for me thanks.

By: Leo

Leo — Wed, 10 Feb 2010 01:13:10 +0000

Lol, I just love Harry’s comments, so predictable!

By: Harry

Harry — Tue, 09 Feb 2010 17:29:01 +0000

Greece rescued!! Doomers run for cover!

That should be the next headline. More great data in the US today. Inventories continue to show strong demand. Now with the Greek “issue” behind us, we’re set for a huge rally.

By: Scott

Scott — Tue, 09 Feb 2010 17:19:32 +0000

Sure. Greenspan took his job at the Fed because he didn’t have enough money and power. Go look for yourself at all of companies he sat as corporate director. (Prior to his stint at the Fed). This is nothing but the great and powerful wizards managing all of us munchkins.

By: Thoth

Thoth — Tue, 09 Feb 2010 16:08:33 +0000

Since the Dollar is the world’s reserve currency, and the government can simply create all the money they want, there will be a hyperinflationary currency collapse of global proportions. This has never happened before in history. It will inevitably result in another world war, as the US will be unable to pay for oil imports any longer and will have to take them by force. That is why our armies are already in the world’s strategic oil producing reagions and in areas that are vital oil and gas pipeline corridors to the west. If our supplies of oil are seriously interrupted, and our system of mechanized agriculture in seriously impaired, it will mean global starvation, world war, and the collapse of both world trade and our modern civilization. Before oil-based modern agriculture, there were never more than a billion people in the world. In today’s degraded natural environment it would be extremely unlikely that even a minute fraction of that number would survive. And don’t forget to have a swell day.

By: Dean

Dean — Tue, 09 Feb 2010 12:12:04 +0000

Yes Larry, Curly and Moe (aka Summers, Geitner & Bernanke) are fools. But they make great viewing. My favorite is Geitner. He’s a cheeky little kid who hasn’t changed a bit since primary school. Not even being alumni of …. oh i don’t think they want to advertise that. Anyway young curly makes Palin look like an intelligent and witty speaker.

By: DRUNK AND DISORDERLY

DRUNK AND DISORDERLY — Tue, 09 Feb 2010 11:56:55 +0000

The pressure to can these three stooges will grow. They are either deliberately corrupt or stupidly believing their own twisted data. One does not have to wish for inflation, it will be here soon enough.

By: Bloomer

Bloomer — Tue, 09 Feb 2010 06:35:53 +0000

What we have here is a conundrum. The American shopper is maxed out and many have lost their jobs and homes. This has created a consumption deficit which has eroded top line revenue for the “The Bigger The Better Corporations”. Levered with debt up to their eyeballs, these Behemoths are sheddings jobs and rolling back wages in order to meet their financial obligations. Less jobs and less wages equates even fewer purchases. As for the successful businesses, that do eke out a profit, I won’t be holding my breathe expecting them to share their earnings with their employees. Not when there is so many unemployed. Besides isn’t the mantra of the firm “to maximize profits?”.

By: LAgirl

LAgirl — Tue, 09 Feb 2010 05:33:11 +0000

So what happens when Timmy and friends run out of money to spend to stimulate demand, huh? They can’t keep propping up demand by using public sector spending forever…I guess that means deflation is the end game?