Comments on: The Beginning of the End http://dumbagent.com/the-beginning-of-the-end/?utm_source=rss&utm_medium=rss&utm_campaign=the-beginning-of-the-end Your daily dose of Economics Tue, 31 Jan 2012 12:32:10 +0000 hourly 1 By: Andy http://dumbagent.com/the-beginning-of-the-end/comment-page-1/#comment-969 Andy Tue, 23 Dec 2008 05:12:57 +0000 http://dumbagent.com/?p=684#comment-969 Yes, I think so. I am reading that the US will be the first one out of this problem since we lowered rates first. I think that's a lot of baloney. This problem has been growing since 2000, and there has been nothing done to show that we are at least thinking of a reasonable solution. Yes, I think so. I am reading that the US will be the first one out of this problem since we lowered rates first. I think that’s a lot of baloney. This problem has been growing since 2000, and there has been nothing done to show that we are at least thinking of a reasonable solution.

]]> By: Ocean http://dumbagent.com/the-beginning-of-the-end/comment-page-1/#comment-923 Ocean Tue, 16 Dec 2008 17:07:31 +0000 http://dumbagent.com/?p=684#comment-923 Well then the recessions in Japan and Germany should be short-lived, since they can still produce, while if the US's system has been decimated then the whole system will need an overhaul, correct? I guess it's a good thing I moved to Europe. Well then the recessions in Japan and Germany should be short-lived, since they can still produce, while if the US’s system has been decimated then the whole system will need an overhaul, correct? I guess it’s a good thing I moved to Europe.

]]> By: Andy http://dumbagent.com/the-beginning-of-the-end/comment-page-1/#comment-920 Andy Sat, 13 Dec 2008 20:47:54 +0000 http://dumbagent.com/?p=684#comment-920 I think the recessions in Japan and Germany reflect over-investment provided by those borrowing US Dollars and Japanese yen to run their carry trades. Then when those loans got pulled back... They're still producing nations while the bulk of USA's GDP (Financial services) has been decimated. I think the recessions in Japan and Germany reflect over-investment provided by those borrowing US Dollars and Japanese yen to run their carry trades. Then when those loans got pulled back…

They’re still producing nations while the bulk of USA’s GDP (Financial services) has been decimated.

]]> By: ADP http://dumbagent.com/the-beginning-of-the-end/comment-page-1/#comment-919 ADP Sat, 13 Dec 2008 17:39:39 +0000 http://dumbagent.com/?p=684#comment-919 I look at the American economy like it's a spoiled kid: they want whatever they can lay their eyes on and the their parents (foreign and domestic financial markets) fund their behavior by any means necessary - thinking all the while that they're doing good by providing for their kid's future development. Unfortunately, by doing so, their actually putting themselves in the hole that will eventually lead them and their kid to live an irresponsible lifestyle, impoverished by their inability to live within their means. I look at the American economy like it’s a spoiled kid: they want whatever they can lay their eyes on and the their parents (foreign and domestic financial markets) fund their behavior by any means necessary – thinking all the while that they’re doing good by providing for their kid’s future development. Unfortunately, by doing so, their actually putting themselves in the hole that will eventually lead them and their kid to live an irresponsible lifestyle, impoverished by their inability to live within their means.

]]> By: Ocean http://dumbagent.com/the-beginning-of-the-end/comment-page-1/#comment-916 Ocean Thu, 11 Dec 2008 18:32:24 +0000 http://dumbagent.com/?p=684#comment-916 If the US has really been making all these erroneous decisions, I'm still wondering why countries like Germany and Japan are going through recessions. Consumers in these countries haven't been borrowing trillions of dollars for "granite counter tops, plasma TVs and Mercedes Benz convertibles", and in fact they've been saving. Yet they're still going through a recession like the US. I'm not sure I'd blame it on contagion, either. Especially with a country like China on Japan's doorstep, and with Germany trading much more with the EU than the US. Are they a completely separate matter that, coincidentally, is happening at the same time as the US recession, or are they tied up somehow and, if so, how? If the US has really been making all these erroneous decisions, I’m still wondering why countries like Germany and Japan are going through recessions. Consumers in these countries haven’t been borrowing trillions of dollars for “granite counter tops, plasma TVs and Mercedes Benz convertibles”, and in fact they’ve been saving. Yet they’re still going through a recession like the US.

I’m not sure I’d blame it on contagion, either. Especially with a country like China on Japan’s doorstep, and with Germany trading much more with the EU than the US.

Are they a completely separate matter that, coincidentally, is happening at the same time as the US recession, or are they tied up somehow and, if so, how?

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