mint.com — The measurements of economic health reveal a patient that requires a stint in the I.C.U. and some time to heal. Luckily, the prognosis isn’t terminal. The American economy is resilient, and since the 1960’s economic growth phases have dwarfed periods of recessions.
Mar 5, 2009 View in Crawl 4
salinemistMar 6, 2009
Those practices started back in 1994-95.
sloppychrisMar 7, 2009
How did you admit that the fed manages the money supply then blame banks for lending policies? Do you know how money supply affects interest rates? Also, what about federal reserve manipulated 0% interest rates relates to the "free market".
joe8packMar 7, 2009
The true lifeblood of any economy is trust, which is what is rightfully lacking in our current economy. I wouldn't invest a dime with anyone on wall st. and I would make sure I still had my watch on my wrist after I told them f**k no, cause the ones that aren't thieves and liars are most likely pickpockets or pimps.
kayakityakMar 7, 2009
We haven't had a "free market" since the birth of the fed back in 1913.
albinoravenMar 8, 2009
I've heard these arguments last year in the summer, then in the fall and even now. These happy happy articles do nothing but hurt the average investor, I watch these poor f**kers get stuck in bad trades all the time. Google finance groups are full of them. The traders rule the market right now, there are no investors left as far as i can see. Although Mint does bring up good points about money sitting on the side lines. I don't see why anyone would touch anything stock related right now. The market still isn't even close to capitulation right now. His argument of a strong dollar only serves the purpose that the US treasuries are being sold, not to our loan arrangers like china, south korea or Japan. They are mostly being purchase by the hedge fund pricks that built the derivatives market which tanked the economy in the first place. Watch for DJIA 4000 and S&P 425.This hasn't even started, the market is just the beginning of it.
theindigoskyMar 8, 2009
Your well explained theory, evident credentials, and clearly researched source material really makes your post enlightening to us all.
deehMar 8, 2009
I do the same for people who shout "conspiracy theorist" so that they can ignore the fact that they are getting ass-raped by super rich corporate, government and military elitist pricks.