Comments
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.


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August 20th, 2009 at 12:47 pm
Has that ever happened, two bubbles back to back in the same place/asset class?
August 20th, 2009 at 1:40 pm
Joe Kernan does what he is hired to do: pull some kind of bullish statement out of a guest so they can use it as a headline no matter how tentative the statement is or how reluctant the guest is to state it. Of course, yesterday the CNBC webite trumpeted Shiller’s prediction of another bubbler.
Shiller was jut too polite to tell him he is an idiot.
August 20th, 2009 at 3:23 pm
The degree in which the financial media is trying to gloss over what is really happening in the economy only suggest to me that things are far worse…far, far, far worse.
August 20th, 2009 at 9:00 pm
Skip to 7:00.
Thankfully they had an adult there.
August 20th, 2009 at 9:24 pm
Skipped to 7:00 as suggested and heard “It’s not obvious that people are ready to spend again” and talk about “…animal spirits…”.
Prof. Shiller is a much smarter man than I. But, I don’t “get” what he’s talking about here. How can you talk about “animal spirits” of people who are broke?
August 21st, 2009 at 4:30 am
First he said that prices in 5 years will be up 4%, and after a while he said that there may be bubble in 5 years.
What kind of prediction is that? BS.
August 21st, 2009 at 9:20 am
[...] May…. in other words, kind of flat. But in economics, who really knows? The real question: when will prosperity be restored? Leave a [...]