Jesse's Café Américain

"In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack, even on the least of men, is an attack on Christ, who took on the form of man, and in his own Person restored the image of God in all. Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind."
Dietrich Bonhoeffer

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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