Jesse's Café Américain

Saint Michael the Archangel, defend us in battle; be our protection against the wickedness and snares of the devil. May God rebuke him, we humbly pray: and you, Prince of the heavenly host, by the power of God, thrust into Hell Satan and all of the other evil spirits who prowl about the world seeking the ruin of souls.

Showing posts with label bubbles. Show all posts
Showing posts with label bubbles. Show all posts
28 February 2009

The Bubble In US Treasuries and Its Implications

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The Treasury bubble is likely to be much less destructive than the Internet and Housing Bubbles. The bubble in the US dollar, however, if on...
13 February 2009

The Next Bubble to Implode: Commercial Real Estate

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Cartoon courtesy of Giovanni Fontana
31 December 2008

The Fuel for a Speculative Rally but Not a Recovery

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At some point we may stop confusing asset bubbles with economic growth. In the meantime, we might expect the shallow and immature stewardshi...
31 October 2008

Avoiding a Great Depression: Rescue, Rebalance, Reform

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The 1920's were marked by a credit expansion, a significant growth in consumer debt, the creation of asset bubbles, and the proliferatio...
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