Economic Storm Signals (A Maybe Barf)

New York Times ^ | 1 December 2006 | Paul Krugman

[shrinkermd]

"...Since last summer, when the housing bust became unmistakable, interest rates on long-term bonds have fallen sharply. They’re now yielding much less than short-term bonds. The fact that investors are willing to buy those long-term bonds anyway tells us that these investors expect interest rates to fall. And that will happen only if the economy weakens, forcing the Federal Reserve to cut rates. So bond buyers are, in effect, betting on a future economic slowdown.

"...How serious a slump is the bond market predicting? Pretty serious. Right now, statistical models based on the historical correlation between interest rates and recessions give roughly even odds that we’re about to experience a formal recession. And since even a slowdown that doesn’t formally qualify as a recession can lead to a sharp rise in unemployment, the odds are very good — maybe 2 to 1 — that 2007 will be a very tough year.

[tgambill]

lolol...:) it worked. We have a heckler and disinfo artist in the making. It's been real, and it's been educational as I don't have the time for now to spar with words as this situation is becoming serious.

Happy Holidays....

[tgambill]

Second? No, it's another crash coming and serious results. Don't have the time to play.......

Enjoy.....

[tgambill]

oh, was that "Toddsterpatriot"? Or, "youngsterpatriot"...lolol...:)) or, "Modsterpatriot"....Maybe, more appropriate, "Playpatriot".

[Lazamataz]

Krugman is always doom-and-gloom, except when the Democrats have both Houses and the White House.

Then suddenly things are peachy again.

He may be safely ignored.

[Toddsterpatriot]

We have a heckler and disinfo artist in the making.

A disinfo artist? Because I don't think the Fed and the evil International Bankers planned the Great Depression? If you say so.

Did the Federal Reserve kill JFK?

[dgallo51]

It's like I always say…you can't do JACK without the money…and whereas, the banks seem to have it…they control EVERYTHING. Thomas Jefferson has devoted much writing to the insidious tendencies of banking vermin, but he has only scratched the surface. Excellent research…you are right…THE FIX is in.

[Toddsterpatriot]

Second? No, it's another crash coming and serious results.

Send me the link about FDR declaring the US bankrupt. Unless you made it up?

[Toddsterpatriot]

Was that tgambill? More like tgullible. Watch out for the CFR. They're everywhere.