autboy

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  • Financials: How - And When - We Reached the Bottom
    LOL! debtacid: 1929-30 sure was quotable.

    But DSB has touched the central nerve: how much betrayal of essential trust can a market endure and still hope to prosper. I am often struck by the conservative obsession with getting the government off the backs of businesses so they can create value, jobs, and provide more opportunities for wealth etc,. But seems to me that lays a responsibility on businesses - in this case the financial sector - not to operate so recklessly that government intervention is the only way to prevent collapse. How can anyone observing this situation from the outside rush back in to invest in companies that have behaved so irresponsibly?
    Jul 22 14:58 pm |Rating: 0 0 |Link to Comment |View article
  • Wednesday Outlook: Commodities, Emerging Markets
    Thanks, Dave.

    Bush always sounds like he is reading a speech that someone else was supposed to deliver. I have never heard anyone I believed less. Does the guy really have any convictions of his own? Why does he bother?

    We have had some foolish governments over the years, but this one is populated with a rare breed of incompetents. God help us
    Jul 16 09:50 am |Rating: 0 0 |Link to Comment |View article

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