Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Tuesday, July 22, 2008

Wisdom of Fools.

Say what you will about W.

"Even a blind squirrel will find a nut sometimes."
"Out of the mouths of babes...."

On this particular topic he shows a deep understanding of macroeconomics and human nature.

Friday, July 11, 2008

Oh Fannie!

Haney thinks this is the american economy in crash and burn. http://news.bbc.co.uk/2/hi/business/7502184.stm

If Fannine and Freddie do not go bankrupt and stay in their current form, I think friday may have been a great time to buy some Freddie. $5.1bln market value? $50bln profit LAST YEAR?? I sez buy!

This is what Graham is talking about re: the "psychosematic recession". It's the same story with oil. Short it now for December.