Tag: recession

US

Abandoned Schools in Detroit | no sign of recovery here

Colin Henderson

I have mentioned more than a few times my belief that recovery is not a return to 2007. The new normal will create damatic shifts and new paradigms for bank planning. Detroit gets picked on a lot …. but these pictures are not pictures of a temoorary set-back. Prepare to be disturbed. This might go some way to explain why houses in Detroit can be purchased for as little as $5K. Abandoned Schools in Detroit Researched by Nobuyo Henderson Continue reading Abandoned Schools in Detroit | no sign of recovery here

Uncategorized2 Comments

Inflation will follow the recession and the law of untended conseqeunces

Colin Henderson

Something that has been niggling at me here and here is the law of unintended consequences.  The people architecting the financial stimuli today are first politicians and second relatively young living their maturity post the late 70’s early 80’s. The key statement in this article is at the end, and it was quoted by Geithner today too – that this borrowing is temporary and will be repaid as soon as things are back to normal.  Please stand up if you know: when normal is expected to resume that we will be able to repay the debt at that time?  [ … Continue reading Inflation will follow the recession and the law of untended conseqeunces

Innovation, Uncategorized1 Comment

Bailout or buy some time while industrial disruption occurs for auto, banks and telco sectors

Colin Henderson

I have found myself reading more economics blogs over the last couple of years, trying to understand better what is going on and the impacts of the banking crisis. This blog, StumblingandMumbling is worth the subscription. It is insightful, and contrary enough to provoke thinking. It also happens to articulate things that I cannot help thinking about. Recession or Inflation targeting 2. The cost of recession isn’t just unemployment hitting a few hundred thousand, but the fear of unemployment hitting millions. But this fear exists even in normal times, because the job destruction rate is so high. The 25,000 jobs … Continue reading Bailout or buy some time while industrial disruption occurs for auto, banks and telco sectors