One's Observations

A collection of some things I observe along the way.


"In what should be no surprise to anyone, car sales crashed after the cash-for-clunkers program ended. Nonetheless, economists and analysts once again managed to be surprised by the rate of decline."

"People have that 'R' [recession] word stuck on the front of their forehead. It's really just a dramatic slowing of growth. We may not have a recession,"

Bernanke Says Jobless Rate May Be Above 9% in 2010."

"A commercial real estate crisis is brewing and Bernanke either does not see it or will not admit it."

"There are potential financial crises related to the jobs, currencies, banks, commercial real estate, pay option ARMs, Fannie Mae, pension plans, state funding issues, global trade, protectionism, credit card defaults, deficit spending, unfunded liabilities, derivatives, and a still rising unemployment rate." (
Mish's Global Economic Trend Analysis)



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