John F. Wasik, a Bloomberg News columnist, brings us news that although nobody has any income to support more spending, nobody has any savings to support more spending, and nobody has anything of value (like home equity) to pawn to support more spending, all is not lost! There is still one, last, pitiful source of money that could be used to support more spending…
July 15th, 2008 | Mogambo Guru | 7 comments | Continued Our DR Global Editions: 
Wednesday, March 10th, 2010
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2010-03-10 00:34 Most Comments
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Thanks for that CA I was going to go looking too.
Ross | 10Mar10 | More -
I don't entirely disagree, but for me it is a matter of sequencing and timing.
The envisaged Fed balance ...
Ross | 10Mar10 | More -
the shock may well lead to helicopter drop debasement of currencies but i worry as much abou the inital shock ...
Matto | 10Mar10 | More -
Yeah ..... the other side of the story can be read here.
http://www.sec.gov/litigation/complaints/comp18090.htm
IMO the whole case comes down to nothing ...
Coffee Addict | 10Mar10 | More -
Excellent article Dan! A political impetus of all governments will be to maintain employment AND for this they require ...
Coffee Addict | 10Mar10 | More -
And the likely result?~
"Mr Turner said the data were unlikely to alter the RBA’s thinking on interest rates."
So interest rates ...
Biker Pete | 10Mar10 | More -
and the news to hand...
http://www.theage.com.au/business/home-lending-fall-may-prompt-rate-rise-pause-20100310-pxzh.html
Stillgotshoeson | 10Mar10 | More -
Thank God I wasn't playing the game - I presumably would have been short and someone would be going Yeeha!!! ...
Ned S | 10Mar10 | More -
SV, that's a bit like ARM, I agree, but it needs to be quantified I guess, and even then I ...
Dan | 10Mar10 | More -
Meanwhile Citigold goes to 11.5 cents up 15% today..
8.5 cents to 11.5 cents in 2 weeks.. 35% or so gross ...
Stillgotshoeson | 10Mar10 | More
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Thanks for that CA I was going to go looking too.
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