Comments on: The Economic Outlook http://www.ritholtz.com/blog/2009/04/the-economic-outlook/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 13:58:51 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Topics about Lenders » The Economic Outlook http://www.ritholtz.com/blog/2009/04/the-economic-outlook/comment-page-1/#comment-163735 Topics about Lenders » The Economic Outlook Tue, 21 Apr 2009 22:26:36 +0000 http://www.ritholtz.com/blog/?p=24021#comment-163735 [...] reynaelenaz placed an interesting blog post on The Economic OutlookHere’s a brief overviewVice Chairman Donald L. Kohn At the Hutchinson Lecture, Newark, Delaware April 20, 2009 The Economic Outlook I’m pleased to be here and honored to be invited to deliver the Hutchinson Lecture. Although I never met Harry Hutchinson, I very much wish I had. Like Harry, I received a Ph.D. in… [...] [...] reynaelenaz placed an interesting blog post on The Economic OutlookHere’s a brief overviewVice Chairman Donald L. Kohn At the Hutchinson Lecture, Newark, Delaware April 20, 2009 The Economic Outlook I’m pleased to be here and honored to be invited to deliver the Hutchinson Lecture. Although I never met Harry Hutchinson, I very much wish I had. Like Harry, I received a Ph.D. in… [...]

]]> By: sparrowsfall http://www.ritholtz.com/blog/2009/04/the-economic-outlook/comment-page-1/#comment-163598 sparrowsfall Tue, 21 Apr 2009 10:51:01 +0000 http://www.ritholtz.com/blog/?p=24021#comment-163598 That is one hell of a lot of words to say what everybody already knows. "To sum up, the uncertainty around the economic outlook is substantial." That is one hell of a lot of words to say what everybody already knows.

“To sum up, the uncertainty around the economic outlook is substantial.”

]]> By: Onlooker from Troy http://www.ritholtz.com/blog/2009/04/the-economic-outlook/comment-page-1/#comment-163573 Onlooker from Troy Tue, 21 Apr 2009 01:50:10 +0000 http://www.ritholtz.com/blog/?p=24021#comment-163573 More late to the show B.S., quite frankly. Our "esteemed" economists (at the Fed, in the govt, etc.) in this country are still behind the curve. They (and Kohn) are now grudgingly coming to accept the seriousness of this situation but still don't get it, or don't want to acknowledge it as it will show their culpability in this whole fiasco. He doesn't recognize the huge debt deflation that is the predominant influence here and will shape the recovery. Also job recovery will be terrible due to the huge structural changes required to create new jobs in new industries. The FIRE economy won't cut it anymore and the consumer is dragging a huge ball and chain. I'll stick to listening to those who have seen this coming, have warned of the dangers, and see the seriousness of our situation and recognize our failings in dealing with it. I'm tired of being lied to and/or misled by the "mainstream" economists, media, and financial press. They have served me and my fellow Americans very poorly. More late to the show B.S., quite frankly. Our “esteemed” economists (at the Fed, in the govt, etc.) in this country are still behind the curve. They (and Kohn) are now grudgingly coming to accept the seriousness of this situation but still don’t get it, or don’t want to acknowledge it as it will show their culpability in this whole fiasco.

He doesn’t recognize the huge debt deflation that is the predominant influence here and will shape the recovery. Also job recovery will be terrible due to the huge structural changes required to create new jobs in new industries. The FIRE economy won’t cut it anymore and the consumer is dragging a huge ball and chain.

I’ll stick to listening to those who have seen this coming, have warned of the dangers, and see the seriousness of our situation and recognize our failings in dealing with it. I’m tired of being lied to and/or misled by the “mainstream” economists, media, and financial press. They have served me and my fellow Americans very poorly.

]]> By: gotzero http://www.ritholtz.com/blog/2009/04/the-economic-outlook/comment-page-1/#comment-163571 gotzero Tue, 21 Apr 2009 01:34:36 +0000 http://www.ritholtz.com/blog/?p=24021#comment-163571 I am a graduate student in Economics at UD and was pleased to get to see Bill Poole and Donald Kohn go back and forth. It was disappointing that the questions asked during the open period were largely limited to automaker what-ifs. I am glad to see this showing up on The Big Picture! I am a graduate student in Economics at UD and was pleased to get to see Bill Poole and Donald Kohn go back and forth. It was disappointing that the questions asked during the open period were largely limited to automaker what-ifs. I am glad to see this showing up on The Big Picture!

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