As the economic slump that began in 2007 continues, the question persists: Why? Unless we have a better understanding of the causes of the crisis, we can’t implement an effective recovery strategy. So far, we have neither.
We were told that…
Tag Archive for Excess Capacity
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Goldman Jumps Shark
by a Wall Street Examiner • • 0 Comments
Hmmmm. Now that Goldman is bullish, guess that means everything is comin’ up roses…
From the just distributed email to clients:
The US growth outlook has brightened significantly in recent weeks. As a result, we have raised our sights for 2011…
Bears Chat, Best of the Forums
Keynes – Kondratiev = Nonsense
by a Wall Street Examiner •
(be forewarned, this is a long post)
Thesis:
Economic growth and the excitation of ‘animal spirits’ can only occur in a supply constrained environment.
What the supply/demand balance looks like through the seasons of Kondratiev:
Spring comes when t…
