Subscribe:
RSS feed
Observations on finance, economics, venture capital, entrepreneurship, technology, start-ups, business strategy and anything else that's sort of related…
Browsing All Posts filed under »Credit Markets«
Where exactly are we getting the money to spend? US Savings Rate, Disposable Incomes & Consumer Credit
Retail sales are up for the sixth straight month. But… 1. The average American lost $21,000 in net worth in Q3, 2011 according to the December 8, 2011 Federal Reserve Flow of Funds release. 2. Personal savings rates are on a marked decline after a predictable spike during the recession: 3. Disposable income is back […]
Sovereign Debt Enforcement
October 26, 2010
A Bloomberg article today reports the view that Greece will assuredly default on their sovereign debt within three years. Serendipitously, from my reading of “This Time is Different” by Carmen Reinhart and Kenneth Rogoff: In the modern era, however, the idea of using gunboat diplomacy to collect debts seems far-fetched (in most cases). The cost-benefit […]
Robert Reich, Economic Chef
October 24, 2010
Who knew my Sunday morning coffee with the week’s recordings of The Charlie Rose Show would include culinary genius Robert Reich, former Labor Secretary under Bill Clinton? Reich just published his book “After Shock.” While I typically don’t agree with Reich on policy, he made several excellent arguments and one-liners about economic decisions ahead: The […]
Some comments about debt
September 27, 2010
About a year ago, I picked up a copy of Andrew Ross Sorkin’s “Too Big to Fail” and wrote about it here. Sorkin was back on the Charlie Rose show a couple weeks ago discussing more concepts on debt, but how it applies to public debt – are countries too big too fail? Given the […]
My two cents: Bernanke’s comments
August 27, 2010
The headlines and theme were what they needed to be - “Bernanke: Fed will take action if economy falters.” (from Yahoo.com) “Bernanke Says Fed Stands Ready to Support Recovery.” (from the Wall Street Journal) “Bernanke outlines three options for additional economic stimulus.” (from HousingWire) The result is a nice little boost in the trading markets […]
Warren Buffett & GM’s Bondholders
May 4, 2009
Warren Buffet is an ardent supporter of the Obama Administration, which seems puzzling given his penchant for the free market and capitalism throughout his life. (Check out Roger Lowenstein’s “Buffett: The Making of an American Capitalist” – definintely a good read…) On the other hand, he’s been extremely charitable throughout his life, giving away most […]
Cheap Credit & the Tragedy of the Commons…
April 15, 2009
On Seeking Alpha today, Paul Kedrosky wrote about how “cheap” credit is affecting the quality of companies emerging from the current economic downturn in his article this morning – “Cheap Credit Means Crummy Companies – Fed Researcher.” This is the same concept as posted yesterday here on The Free Market Voice – “The Stimulus Package […]
Historical look on the Chrysler bailout from 30 years ago
March 30, 2009
With the current actions taken by Obama administration to bail out General Motors and Chrysler (Ford turned down the money offered by the US government), it’s interesting to take a look back at the Chrysler turnaround led by Lee Iacocca and financed by the US government 30 years ago during the Carter Administration. The parallels […]
Click here for more stuff about me...
December 14, 2011
0