TheUSeconomythatisrunninglargelyonacreditcycleneedstoacceleratecreditexpansioninordertomaintainstabilityandmoveforward.Pleaseremember,I’mreferringtotherealeconomyhere,nottheworldoffinancialmarkets(specificallyequities).Forthattohappen,thecreditproductionengineneedstoberestartedandaccelerated.Andthatmeanscollateralvaluesneedtobetrusted,oratleastobtainableinamarketquote,notthat“models”haveshownth...[
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Whydopeoplecomplainsomuch?smokey
NEW10/10/20078:58:18PM Wheneveroneventuresoutintomasshumanityonemustrealizethatourculture'sfavoriteverbalpastimeistocomplain.
Anditdoesn'treallymatterwhatpeoplecomplainabout.
Itisalmostlikecomplainingisagameinwhichonemustfindmoretocomplainaboutthanhiscoffeeorbeermatehastocomplainabout.
Th...[
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zt道德底線在哪裏? 國人一向自認是世界上最文明,最講道德的國家,所以中國人的道德底線也高的驚人。孟子說:“楊氏為我,是無君也。墨氏兼愛,是無父也。無君無父,是禽獸也。”楊氏僅僅主張“為我”,墨子僅僅主張“兼愛”,就被孟子斥為“禽獸”。可見我們的道德底線幾乎是人性的最高點——毫不利己專門利人,鞠躬盡粹死而後已,舍身取義殺身成仁,這些[
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FederalGovernmentSpendingReport
~ASummary~
byMichaelW.Hodges,Author
GrandfatherEconomicReport
October9,2007(TheGrandfatherEconomicReportisaseriesofreportsexaminingeconomicconditionsfacingfamiliesandyouth,
comparedtopriorgenerations.ThisisthesummarypageofthechapteronFederalGovernmentSpending.
State&LocalGovernmentSpendingiscoveredinaseparatechapter)FY2006FederalGovt...[
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龍應台:十八歲那一年
你在電話上喘氣,剛剛賽完足球進門。晚上要和朋友去村子裏的酒吧聊天。明天要考駕照。秋假會去意大利,暑假來亞洲學中文。你已經開始瀏覽美國大學的入學資料。
“可是,我完全不知道將來要做什麽,”你說,“M,你十八歲的時候知道什麽?”
安德烈,記得去年夏天我們在西安一家回民飯館裏見到的那個女孩?她從[
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1)IagreetheFedhasnotbeenaddingliquidity,andhavesaidasmuch.
2)Whileitisnotpatentlyfalse,Ibelievethisviewpointmisleading:
Mysecondobjectionisthatthestockmarketisnotsomeballoonintowhichmoney“flowsinto”or“outof.”Everypurchaseismatchedbyasale.Everysaleismatchedbyapurchase.Stockpricesmovebecausethebuyerismoreeagerthanthesellerorviceversa.Apurchasedoesn'tputmoney“into”themarket,nordoesasale...[
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Asyoucansee,therearetwonoticeablespikes,in1929andin2000.Butmostofthemovementinstockpricesishiddenbychangesinthevalueofthedollar(deflationinthe1930sandinflationinthe1970s).Correctforafluctuatingdollar,asinthenextchart,andyouseeawholenewpicture.[
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Assets,GDPandDebtIhavebeensayingadnauseamthattheUSeconomyhasbecomeincreasingly"asset-ized"and"financial-ized".Aquickwaytojudgeifanassetclassisbecomingovervaluedagainsttheeconomy'sabilitytoproducegoodsandservicesistoexaminethetotalvaluethatassetsrepresentvs.GDP,sowithoutfurtheradohereareafewcharts.
First,thetotalvalueofstocksandRealestatevs.GDPfortheUS.
Data:FRB,WorldFederationofExchanges
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嚴家偉:“愛國”憤青的醜惡表演——女足世界杯觀後女足世界杯已在9月30日晚曲終人散了。雖然早已是明日黃花的“鏗鏘玫瑰”,在既不“鏗鏘”也無芬芳中流淚退場,但德國、巴西、美國姑娘們精湛的球藝和頑強的風格,仍可使國人大飽眼福,一睹為快。畢竟四年才這麽一次,而且競技體育,應是一門極具觀賞性的體藝表演,沒必要去和什麽“民族”,“愛國”扯在一起[
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“人權”在中國如何被誤讀為“生存權”
發布者yq在07-10-0609:20
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鼓勵其長期支持CND
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人權的評價在中國的社會語境中常常被詮釋為動物層級的生存權,所以,有關人權與政治關聯的表述都被設定在生存和安全這種最基本的"活命權"選項之[
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