Gary Anderson - Comments
Muckraker of the Financial System
The Fed knew about the housing bubble before it burst but lied and said they didn't: Bill HR 1424 to buy bad paper (eventually called TARP) was introduced in March 9, 2007, before there began to be bad commercial paper from private subprime RE loans, in August. I have published on two other ...more
Latest Comments
No, No, This Time They Mean It
7 years ago

Maybe Mr Gross should get paid by the 10th of a percent upswing by Greenspan's investors for crying wolf all these years. It takes a special kind of person to play that fools game.

Which One Really Belonged On Yellen’s Dashboard?
7 years ago

So many economists say that all is well because companies are advertising for help. But it is almost a scam, as hiring doesn't reflect the increase in advertising.

What Will The Fed Do If The Yield Curve Inverts? Goldman Answers
7 years ago

Kashkari does not agree with Yellen, who said on her way out that the low yield long bonds were not a function of a path towards recession. Truth is, long bonds have a demand of their own with banks making money by betting on low rates at the long end.

Puerto Rico – Fourth Quarter 2017 Review
7 years ago

Our evil government is treating US citizens in Puerto Rico as if they were foreigners by treating the businesses as foreign entities..

Uninvestable Tesla
7 years ago

I know very few people who want electric cars. Also, Musk is a conman when keeping his delivery timetables. Electric cars are a subset of the artificial intelligence bubble and scam. JMO.

In this article: TSLA
Trump Probably Doesn’t Get The Demographics Of Immigration
7 years ago

No, the Great recession was used by the Fed to cut back wages. Don't blame the Democrats for failure of corporations to pay a living wage. That thinking is Libertarian gibberish.

The Myth Of Insufficient Demand
7 years ago

Happy New Year. Fear the Libertarian. Demand is not based on production but upon a fair wage for that production. I intend to attempt to preserve brain cells this year by seriously thinking through libertarian logic and I hope others do the same. That is my new year resolution. You have to understand that Libertarians are often highly intelligent and very clever. But that has never made them right.

2018 Comes Into Focus
7 years ago

With economic expansion expected you could see a lot of goods and services expanded but people not affording to purchase them. Unsustainable capacity utilization can result in recessions.

U.S. Productivity Keeps Growing, But The Wage Share Of The Economy Keeps Shrinking
7 years ago

Add to this cutbacks to social programs from Skinflint Trump and pretty soon we will have a recession.

Bitcoin Effect On Japanese Economy “Cannot Be Ignored”, Says Nomura
7 years ago

When the Japanese get behind a bubble, it is all in and intense, like housing last century. Last ones out will get hurt.

In this article: BITCOMP
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