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Posts Tagged ‘Economic collapse’

  I’m not going to spend my time criticizing him. There are plenty of critics in the arena. He deserves my silence.” George “W” Bush, Calgary, March 17, 2009   ATLANTA – So why did George Bush say that Barack Obama deserves his silence?  

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ATLANTA— The above graphs, printed along with an interesting column by Martin Wolf in the Financial Times, present a fascinating comparison of the trajectory of the current economic recession over against that of the Great Depression.  What distinguishes this recession and the Great Depression from all others over the last century is their pervasive, global nature. The correlation [...]

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ATLANTA— Since I made reference to this past week’s treasury auctions during the course of several different debates on this blog, I figured I’d give my readers a quick update and acknowledge that my predictions were wrong.  The auction of treasuries on Thursday went surprisingly well, with many foreign central banks showing a healthy appetite [...]

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ATLANTA— Alright, it’s been a handful of months now and I have watched Barack Obama enough to put my thoughts out here for all my readers to see.  Go ahead and favorite this page and reference it in three-and-a-half years, when Barack Obama gets bested by his as-yet unknown competitor for the presidency. This guy [...]

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ATLANTA— As we have been saying on the American Missive for weeks, the economic recovery is already beginning – and without the help of the stimulus package.  I believe it is time for Congress to reconvene on the matter of the stimulus and pass legislation to curtail or repeal it in order to give room [...]

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ATLANTA— The spread between interest rates on 2-year Treasury notes and 10-year Treasury notes spiked to the highest on record in daily trading yesterday, driven by fears the burgeoning U.S. federal deficits and quantitative easing at the Fed might exacerbate inflation in the upcoming years.  A spike of this variety suggests investors are increasingly demanding higher interest [...]

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ATLANTA— To my loyal readers, I’m taking a brief hiatus.  My personal and professional life has become enormously busy in the last several weeks, and this trend looks like it is going to continue unabated for a little while longer.  With that said, I will be prevented from providing my weekly critiques of the government’s [...]

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