Comments on: A 21st Century Marshall Plan http://www.ritholtz.com/blog/2008/12/a-21st-century-marshall-plan/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 19:52:17 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: constantnormal http://www.ritholtz.com/blog/2008/12/a-21st-century-marshall-plan/comment-page-1/#comment-133654 constantnormal Tue, 16 Dec 2008 03:50:13 +0000 http://www.ritholtz.com/blog/?p=12972#comment-133654 If the US could "re-circulate financial resources", don't you think they could get their own banks to try and accelerate monetary velocity? If the US could “re-circulate financial resources”, don’t you think they could get their own banks to try and accelerate monetary velocity?

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2008/12/a-21st-century-marshall-plan/comment-page-1/#comment-133641 Mark E Hoffer Tue, 16 Dec 2008 03:06:54 +0000 http://www.ritholtz.com/blog/?p=12972#comment-133641 steel-belted, kevlar impregnated, and Now! aerogel insulated~ BR, we've another candidate for your "Disinfo/Agitprop"-Tab on TBP 1.1.. ~~ Needless to say, though, Winnie, no flippin' kidding. steel-belted, kevlar impregnated, and Now! aerogel insulated~

BR,

we’ve another candidate for your “Disinfo/Agitprop”-Tab on TBP 1.1..
~~

Needless to say, though, Winnie, no flippin’ kidding.

]]> By: Winston Munn http://www.ritholtz.com/blog/2008/12/a-21st-century-marshall-plan/comment-page-1/#comment-133637 Winston Munn Tue, 16 Dec 2008 02:01:01 +0000 http://www.ritholtz.com/blog/?p=12972#comment-133637 "We’ve all heard the idea of freeing up the housing market by using the US Government’s ability to borrow at low rates. Hausmann globalizes that idea and suggests that the US re-export money..." Let's get some terms correct. He is saying "let's re-export debt obligations", not money. The idea is to borrow even more and then send those proceeds overseas so those countries that receive the funds can then import from the U.S.? So, if I understand this correctly, the U.S. becomes China - artificially boosting exports - and when the U.S. does this it is good, but when China uses a similar tactic it is bad. I am rather fed up with this bowing and scraping to the god globalization - try on some Ravi Batra for another viewpoint about free trade and globalization. “We’ve all heard the idea of freeing up the housing market by using the US Government’s ability to borrow at low rates. Hausmann globalizes that idea and suggests that the US re-export money…”

Let’s get some terms correct. He is saying “let’s re-export debt obligations”, not money. The idea is to borrow even more and then send those proceeds overseas so those countries that receive the funds can then import from the U.S.?

So, if I understand this correctly, the U.S. becomes China – artificially boosting exports – and when the U.S. does this it is good, but when China uses a similar tactic it is bad.

I am rather fed up with this bowing and scraping to the god globalization – try on some Ravi Batra for another viewpoint about free trade and globalization.

]]> By: Francois http://www.ritholtz.com/blog/2008/12/a-21st-century-marshall-plan/comment-page-1/#comment-133636 Francois Tue, 16 Dec 2008 01:56:36 +0000 http://www.ritholtz.com/blog/?p=12972#comment-133636 To Barry's point about Congress; it is called the Broken Branch for a good reason. They are slipping into irrelevance at a much faster pace that I ever thought possible. To Barry’s point about Congress; it is called the Broken Branch for a good reason.
They are slipping into irrelevance at a much faster pace that I ever thought possible.

]]> By: Francois http://www.ritholtz.com/blog/2008/12/a-21st-century-marshall-plan/comment-page-1/#comment-133634 Francois Tue, 16 Dec 2008 01:54:19 +0000 http://www.ritholtz.com/blog/?p=12972#comment-133634 JM, OK then; let them eat cake! See how well we're going to fare after they go belly up. Think we're going to escape the consequences of a global recession by hoarding our own cash and let everyone else go kaput? It is not because we travel first class on the economic plane that a bomb in the coach section won't touch us. JM,
OK then; let them eat cake!
See how well we’re going to fare after they go belly up.
Think we’re going to escape the consequences of a global recession by hoarding our own cash and let everyone else go kaput?

It is not because we travel first class on the economic plane that a bomb in the coach section won’t touch us.

]]> By: jmborchers http://www.ritholtz.com/blog/2008/12/a-21st-century-marshall-plan/comment-page-1/#comment-133617 jmborchers Tue, 16 Dec 2008 00:03:07 +0000 http://www.ritholtz.com/blog/?p=12972#comment-133617 "fairly well behaved countries such as Brazil, Colombia, Mexico, Peru, South Africa and Turkey have essentially lost access to external finance" No way. “fairly well behaved countries such as Brazil, Colombia, Mexico, Peru, South Africa and Turkey have essentially lost access to external finance”

No way.

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