Saturday, Feb 07, 2009

Tech Bubble - Mortgage Finance Bubble - Govt Bubble

Government Credit Bubble: Credit Bubble Bulletin

The public sector is now essentially on its own when it comes to stoking this bout of reflation. Moreover, it is being called upon after a couple of decades where private-sector Credit grossly inflated home prices, securities values, various other asset prices, household incomes, consumer borrowing and spending, corporate profits, and government receipts and expenditures. The Government Finance Bubble is being called upon to reflate with little assistance from private Credit, while at the same time it is faced with a Deeply Maladjusted Economic Structure still overly dependent upon inflationary Credit expansion. Throwing mega-Trillions at our distorted economy is just asking for trouble.

Interesting data to begin but got to scroll down to get article.

Posted by bellwether @ 01:52 PM (510 views) Add Comment

2 Comments

1. stillthinking said...

this being the idea that more money isn't the answer, and leads to disaster.

Saturday, February 7, 2009 03:02PM Report Comment
 

2. braindeed said...

Agreed, stillthinking....but

That's what we're going to get......stand by for the final surge, and the last dose of HPI, I think.

Saturday, February 7, 2009 04:49PM Report Comment
 

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