Comments on: Bailout Costs Shrink to $11.6 Trillion http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:16:44 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Quick Quiz: Can you match the event to the pricetag? » EDGAReView http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-225125 Quick Quiz: Can you match the event to the pricetag? » EDGAReView Tue, 13 Oct 2009 13:57:25 +0000 http://www.ritholtz.com/blog/?p=39104#comment-225125 [...] (Our thanks to Barry Ritholtz where we got the numbers for this quiz from his blog post.) [...] [...] (Our thanks to Barry Ritholtz where we got the numbers for this quiz from his blog post.) [...]

]]> By: flipspiceland http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-219444 flipspiceland Sat, 26 Sep 2009 14:13:58 +0000 http://www.ritholtz.com/blog/?p=39104#comment-219444 I'm trying to figure out if you for the FED on one day and against it the next. You have several times said that Bernanke is doing a good job. Which is it? Do you "..... contain multitudes"? I’m trying to figure out if you for the FED on one day and against it the next.

You have several times said that Bernanke is doing a good job.

Which is it?

Do you “….. contain multitudes”?

]]> By: Paul S http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-219324 Paul S Fri, 25 Sep 2009 20:23:26 +0000 http://www.ritholtz.com/blog/?p=39104#comment-219324 dead hobo, What you are suggesting is that the actual value of everything in this country is declining quite quickly. dead hobo,

What you are suggesting is that the actual value of everything in this country is declining quite quickly.

]]> By: Christopher http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-219241 Christopher Fri, 25 Sep 2009 18:43:10 +0000 http://www.ritholtz.com/blog/?p=39104#comment-219241 I look at this like the guy who gets a terminal cancer diagnosis from his doctor so decides the smartest thing to do is obtain as much credit as possible and go on the spending sprees to end all.... I think the country is being driven to bankruptcy by people who know EXACTLY what they are doing. What other reasonable explanation is there for this madness?? The only real alternative is that our leaders are ABSOLUTE IDIOTS and they actually think they are doing the right thing. Either way.....we're fucked. I look at this like the guy who gets a terminal cancer diagnosis from his doctor so decides the smartest thing to do is obtain as much credit as possible and go on the spending sprees to end all….

I think the country is being driven to bankruptcy by people who know EXACTLY what they are doing.

What other reasonable explanation is there for this madness?? The only real alternative is that our leaders are ABSOLUTE IDIOTS and they actually think they are doing the right thing.

Either way…..we’re fucked.

]]> By: Robert M http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-219208 Robert M Fri, 25 Sep 2009 17:41:54 +0000 http://www.ritholtz.com/blog/?p=39104#comment-219208 It's almost humourous. You predicted it only being the value of GDP for 2007 in this country. Can't you wait till only 15% of the nomicnal values of CDS written globally come due and everyone realizes we are the only country permitting this nonsense. 15% is only 21 trillion in 2007 numbers. You are now permitted to being scared. It’s almost humourous. You predicted it only being the value of GDP for 2007 in this country. Can’t you wait till only 15% of the nomicnal values of CDS written globally come due and everyone realizes we are the only country permitting this nonsense. 15% is only 21 trillion in 2007 numbers.
You are now permitted to being scared.

]]> By: cvienne http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-219202 cvienne Fri, 25 Sep 2009 17:28:35 +0000 http://www.ritholtz.com/blog/?p=39104#comment-219202 @ToNYC "Bernanke should have been a student of the Japanese 1989-2009 era instead of the Great Depression" Precisely! I was expressing the exact same thought the other day... @ToNYC

“Bernanke should have been a student of the Japanese 1989-2009 era instead of the Great Depression”

Precisely! I was expressing the exact same thought the other day…

]]> By: ToNYC http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-219200 ToNYC Fri, 25 Sep 2009 17:26:31 +0000 http://www.ritholtz.com/blog/?p=39104#comment-219200 Bernanke should have been a student of the Japanese 1989-2009 era instead of the Great Depression where we were just leaving the hard brake gold standard..this one began and since August 15, 1971 with the shifting sand dunes of floating Forex. To wit: when we chortled about how the Japanese housewives were trading Forex in the carry-trade..borrowing Yen at zero interest/renting Yen and buying the Aussie and getting Aussie 7% interest in an appreciating currency while their Yen was available for free "for a protracted duration" to be paid back later, little did we know we'd be treated to a genius scholar from Princeton who was not an expert on this more recent slice of history. Bernanke should have been a student of the Japanese 1989-2009 era instead of the Great Depression where we were just leaving the hard brake gold standard..this one began and since August 15, 1971 with the shifting sand dunes of floating Forex. To wit: when we chortled about how the Japanese housewives were trading Forex in the carry-trade..borrowing Yen at zero interest/renting Yen and buying the Aussie and getting Aussie 7% interest in an appreciating currency while their Yen was available for free “for a protracted duration” to be paid back later, little did we know we’d be treated to a genius scholar from Princeton who was not an expert on this more recent slice of history.

]]> By: Friday links: rush into bonds Abnormal Returns http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-219192 Friday links: rush into bonds Abnormal Returns Fri, 25 Sep 2009 17:10:59 +0000 http://www.ritholtz.com/blog/?p=39104#comment-219192 [...] “(T)he outlays for the bailouts are a truly unfathomable amount of money. We are years away from learning the true costs — in dollars, and in future dangerous behavior encouraged by rewarding recklessness and stupidity.”  (Big Picture) [...] [...] “(T)he outlays for the bailouts are a truly unfathomable amount of money. We are years away from learning the true costs — in dollars, and in future dangerous behavior encouraged by rewarding recklessness and stupidity.”  (Big Picture) [...]

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-219182 Mark E Hoffer Fri, 25 Sep 2009 16:28:17 +0000 http://www.ritholtz.com/blog/?p=39104#comment-219182 ben22, sorry, missed your Q: I think H.R. 1207 is a good start. w/this: "The Curmudgeon Says: September 25th, 2009 at 10:23 am @HCF…the true opportunity cost is the reality lost to the illusions created by monetary manipulations. Do a good enough job of papering over the cracks in the foundation and there’s no way to begin fixing them because you can’t even see where they are. In the meantime, the foundation still crumbles." Curmudgeon state the simple Truth of the matter..to me, if people know, and accept, it and, then choose to go fwd:, then, fine.. somehow, maybe I haven't been fully disillusioned, I don't think peep, knowing the Reality of the Scene, would continue to sally forth w/o breaking stride.. ben22,

sorry, missed your Q:

I think H.R. 1207 is a good start.

w/this: “The Curmudgeon Says:

September 25th, 2009 at 10:23 am
@HCF…the true opportunity cost is the reality lost to the illusions created by monetary manipulations. Do a good enough job of papering over the cracks in the foundation and there’s no way to begin fixing them because you can’t even see where they are. In the meantime, the foundation still crumbles.”

Curmudgeon state the simple Truth of the matter..to me, if people know, and accept, it and, then choose to go fwd:, then, fine..

somehow, maybe I haven’t been fully disillusioned, I don’t think peep, knowing the Reality of the Scene, would continue to sally forth w/o breaking stride..

]]> By: Barry Ritholtz Chastened! (Taste The Sarcasm) at Bydio http://www.ritholtz.com/blog/2009/09/bailout-costs-shrink-to-11-6-trillion/comment-page-2/#comment-219172 Barry Ritholtz Chastened! (Taste The Sarcasm) at Bydio Fri, 25 Sep 2009 16:12:58 +0000 http://www.ritholtz.com/blog/?p=39104#comment-219172 [...] Bailout Costs Shrink to $11.6 Trillion | The Big Picture. To put $11.6 trillion into context, lets add up some major US expenses, adjusting for inflation: [...] [...] Bailout Costs Shrink to $11.6 Trillion | The Big Picture. To put $11.6 trillion into context, lets add up some major US expenses, adjusting for inflation: [...]

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