Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label recovery. Show all posts
Showing posts with label recovery. Show all posts
27 May 2009

Ten Year Note Yield

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While a steeper yield curve is good for the financial sector and those other folks who borrow short and lend longer term, it does no good if...
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...
21 December 2008

The Problems Which Banks Face in a Post Credit Bubble World

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Fear and Loathing in Financial Products Banks – The “V”, “U” or “L” Recovery By Satyajit Das December 21, 2008 In 2007, equity markets fell ...
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