tag:blogger.com,1999:blog-8918506024298353276.post4931057981176005797..comments2023-09-20T07:41:02.432-04:00Comments on Polecolaw: "It's different this time"Palermo's Bloghttp://www.blogger.com/profile/09467127128993089930noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8918506024298353276.post-63488270398198259252007-10-24T23:01:00.000-04:002007-10-24T23:01:00.000-04:00Looks like someone was reading this - check out th...Looks like someone was reading this - check out this article from David Wessel at The WSJ Online Edition:<BR/>http://online.wsj.com/article/SB119326874299370575.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8918506024298353276.post-37587723999944396812007-10-15T12:34:00.000-04:002007-10-15T12:34:00.000-04:00For some interesting commentary on the current ban...For some interesting commentary on the current banking situation check out this blog post:<BR/>http://globaleconomicanalysis.blogspot.com/2007/10/super-siv-bailout-plan-doomed-to-fail.html?referer=sphere_related_contentPalermo's Bloghttps://www.blogger.com/profile/09467127128993089930noreply@blogger.comtag:blogger.com,1999:blog-8918506024298353276.post-33606168086722093692007-10-04T14:03:00.000-04:002007-10-04T14:03:00.000-04:00The market will always test you, and it seems lik...The market will always test you, and it seems like my expectations are being tested by the current run up in stocks against the likely recession. <BR/>I don't get it at all, and I agree with you that it's not something different this time, just more if the same unrealistic expectations of the money runners. <BR/><BR/>Sign<BR/>everybody loves BenMichael Nugenthttps://www.blogger.com/profile/11079943083957068957noreply@blogger.comtag:blogger.com,1999:blog-8918506024298353276.post-92063586345948526442007-10-02T15:53:00.000-04:002007-10-02T15:53:00.000-04:00Like the weather, it's the same but different - mo...Like the weather, it's the same but different - more drastic swings. That we blame on global warming. Maybe we'll blame the US economy's up and downs on the global economy. <BR/><BR/>I am concerned for the US economy and the fall out effect on struggling middle class and poor.<BR/><BR/>What is different this time makes that potential fall out all that more difficult for many people. <BR/><BR/>* This time the consumer representing 70% of the economy, is much more heavily burdened with debt. Those that had equity have tapped out their equity. Those that thought they had equity are watching is dissolve. <BR/><BR/>* Inflation of non discretionary expenses; Fuel, taxes, food, insurance, education and health care is much greater. And at rates significantly greater than income increases. <BR/><BR/>* Global competition for resources is much keener, which will increase costs and prices. <BR/><BR/>Ok so the Dow 30 gets 40% of their revenue overseas. What about the other 60%. It's profits that enable companies to increase wages. It's future earnings that should fuel investment, not fund managers dumping money into overvalued under performing companies because there is no other place to put it creating a false valuation run-up. Companies face the same challanges as consumers. If US companies struggle, so will consumers - and the market up's and downs will be as drastic as the weather, which is blamed on global warming, might as well blame that on global economy.<BR/><BR/>....ratherbefishinAnonymousnoreply@blogger.com