tag:blogger.com,1999:blog-8091367287813993533.post8870899883400473393..comments2023-10-22T11:30:33.581-04:00Comments on Do-It-Yourself (DIY) Investor: Fixing the EconomyRobert Wasilewskihttp://www.blogger.com/profile/04536814650758511673noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8091367287813993533.post-5351533388078091722010-09-13T14:03:10.174-04:002010-09-13T14:03:10.174-04:00re: Grouch I hear what you're saying but I wou...re: Grouch I hear what you're saying but I would love to rerun the period and keep the fed funds target rate above 3%. I think we would have had a mild recession and would have never had the onslaught of no doc, subprime and adjustable rate teaser loans.DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-45651077896617151912010-09-13T11:46:32.447-04:002010-09-13T11:46:32.447-04:00I think the governments are going to have to reneg...I think the governments are going to have to renege on some of their promises, or else crank up the printing presses (not sure that is an option for the Eurozone countries).<br /><br />Personally, I thought the housing part of the crisis had at least three causes: 1) imprudently easy money by the Fed after 9/11, 2) the push for the "ownership society" by politicians, 3) and the The Grouchhttps://www.blogger.com/profile/16355057736314451831noreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-46055643321012315792010-09-13T11:18:44.590-04:002010-09-13T11:18:44.590-04:00Maybe the governments don't have to be bailed ...Maybe the governments don't have to be bailed out. Maybe they renege on their promises - social security, medicare, G.I. Bill etc.DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-13905077452221574632010-09-13T11:09:01.716-04:002010-09-13T11:09:01.716-04:00Who's going to bail out the governments?
I w...Who's going to bail out the governments? <br /><br />I wonder if we're going to see a shift to sounder policy as a result of this, or if instead the MMT guys will get their way and government will spend without issuing bonds...Kevin@InvestItWiselyhttp://www.investitwisely.comnoreply@blogger.com