Category: Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

4 Responses to “How Bad Was It?”

  1. VennData says:

    Ignore the Fed. They are the gov’t and are laughably dumb. Listen to Murdoch’s Fox, the WSJ Opinion page, Rick Santelli and Zero Hedge. Don’t worry if their predictions are so off base just look at the size of their yachts, the ones they got for selling advertisers access to you.

  2. Frilton Miedman says:

    When upwards of 40% of the net worth of the biggest global consumer, the U.S. middle class, is extracted in a gargantuan investment fraud scam, none of the above is a surprise.

    All of it a direct result of removing Glass-Steagall and allowing no disclosure or position limits in futures/derivatives per the CFMA.

    Meanwhile, back at the ranch, the president proposes putting the architect of this scheme, who still won’t acknowledge the mistake, into the position of most powerful economic regulator on the planet.

    Brilliant!

  3. bear_in_mind says:

    I would gently suggest the authors mistitled their report. I believe the proper moniker should be, “How Bad Is It” since the report focuses a great deal on current trend under-performance and likely continuation of trend under-performance in the near-term future.

  4. Angryman1 says:

    I am not seeing under performance at all. The peak came in 2000.