House passes the granduosly named American recovery and reinvestment plan, and, it is irrelevant at this point. For this plan is not far sighted enough nor does it change the game in any way. But don’t blame the president for this, for he was just working with in the boundaries of consitution. Fact is this [...]
Posts Tagged ‘Main Street’
American recovery and reinvestment plan…. Whatever!
Posted in Economy, Energy technology, Environment, Environmentalism, Financial Markets, Incidental-musing, Investment, Legislation, Media, Stockmarket, Technology, Thought-Trails, tagged American recovery and reinvestment plan, Broadband internet access, Conservative Economists, Depression, Economic Depression, Financial Markets, Global depression, Global Economy, Global Recession, Green Energy, High speed rail roads in US, House, Hybrid cars, John Kenneth Galbraith, Liberal Economists, Main Street, National Power grid, Senate, stock markets, Tax breaks, Tax cuts, US Economy, US House of representatives, US Infrastructure, US Politics, US recession, US Senate, world economy on January 28, 2009 | Leave a Comment »
First it was Real estate, then sub prime mortgage, then credit crisis, later recession, now it is stagflation
Posted in Investment, Stockmarket, Thought-Trails, tagged Binge lending, Dollar Value, Flight of Capital, Investments, Main Street, Real estate crisis, Recession, Stagflation, Subprime Crisis, US Economy, Wall Street on December 15, 2007 | Leave a Comment »
It was in March 2007, that S & P/ Case – Shiller Home price index first mentions deep trouble in Real Estate industry. To his credit, Robert Shiller made the correct call on real estate bubble back in 2005, at its peak. Over the past nine months, we moved from real estate bubble bursting to [...]
