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Location: Seattle--->ShangHai
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Balance Sheet Recession, the pickle we are in and how to get out of it...
Here is one of the better, easy to understand, explinations of how we got to where we are and how we could get out of it from a respected source.
http://www.csis.org/media/csis/events/081029_japan_koo.pdf
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88 Carrera Coupe Pelican Since 2002 All Zing, No Bling. ok, maybe a little bling. The Roach |
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11-25-2008, 10:31 AM
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This looks great.
Only thing missing is the guy with the laser pointer to explain the slides.
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_____________________ These are my principles. If you don't like them, I have others.—Groucho Marx |
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11-25-2008, 12:06 PM
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Bandwidth AbUser
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Location: SoCal
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or Ross Perot.
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Jim R. |
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11-25-2008, 02:17 PM
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I've never been able to spend myself into prosperity. However, those holding current political power seem to think that's the way to go. Time will tell...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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11-25-2008, 02:42 PM
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Quote:
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_____________________ These are my principles. If you don't like them, I have others.—Groucho Marx |
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11-25-2008, 03:01 PM
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Quote:
I don't see how we could have avoided a recession of some kind. It's a cycle and has occurred at least 4 times in my adult life. This one happens to be a kicker. Where Perot would have taken us might have put us on more solid ground to deal with it. We'll never know. |
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11-25-2008, 03:07 PM
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Quote:
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_____________________ These are my principles. If you don't like them, I have others.—Groucho Marx |
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11-25-2008, 06:04 PM
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It's being drowned out by the sound of personal wealth being flushed down the toilet.
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Jim R. |
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11-25-2008, 06:53 PM
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Location: Cambridge, MA
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whoever thought there'd be an upside to not having any personal wealth? never been a better time to be poor.
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Tru6 Restoration & Design |
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11-25-2008, 07:17 PM
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The anaylsis actually make quite a bit of sense. Monetary policy is not going to do much good in the jam we are in. Neither is bailing out lackluster companies.
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88 Carrera Coupe Pelican Since 2002 All Zing, No Bling. ok, maybe a little bling. The Roach |
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11-25-2008, 07:38 PM
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