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July 16, 2008

Comments

bailey

You're right, WAY too dark - what's done is done. Happy summer.

bailey

Dave, I pulled the following from Doug Noland to remind you there are several hardworking & credible analysts who make your dark side appear downright cheerful!
"The highly exposed GSEs, mortgage insurers, and leveraged speculators are positioned poorly to withstand a bust in prime mortgages."
Without exhibiting too much of my (not to be misconstrued as a blissful) disposition, this is just what I believe we're likely to see in CA in the next 18 months.

Dave Iverson

Thanks bailey,

I needed a bit of slightly more positive encouragement. Likely my spirits will return come fall, when cooler temperatures and fall camping/hiking will give my soul a boost.

Ekonomix

Hey I am sick of Bush administration too, but it seems like we will have another 4 years of the same thing. The gap between McCain and Obama has been closed according to latest polls, things are not looking good.

Ekonomix
http://turkeconomy.blogspot.com/

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  • Chronicles of international finance and geopolitics, with hints from thither and yon to help us find a way from "growth and development" to "sustainability."

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