IT advisory ideas & more...
John Geanakoplos, professor of economics at Yale, believes the government's plan to stem the wave of foreclosures by reducing interest payments, does not address the foreclosure problem. Instead, he proposes that banks and bondholders write down principal far enough to give homeowners some (or more) equity in their homes, which will encourage them to start paying their mortgages again and avoid future defaults.
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The U.S. economy. was supposed to improve by late Spring, it has not yet moved fast enough to improve employment. Housing $s continue to fall faster than in our Great Depression; where demand is concerned, there’s little, with Europe debt + Japan’s tragedy + China’s tightening, all reducing demand. The Fed stimulus has run its course and starved states continue to cut. Democrats...
read moreAgain, I’m far from an economist, having taken just one economics course in my entire life. That does not mean that I cannot make judgments on others’ arguments. Especially when I’m dealing with a Nobel Prize winner in economics, Paul Krugman. My two prior posts, Inflation? and Is Japan Economy Precedent for U.S.? address inflation possibilities. We now have plenty of information to analyze...
read moreIs Japan’s Economy a Precedent for the Dangers Facing America? I am far from being a student of economics. But on my birthday 3/13, the Economist magazine outlined Japan’s economic plight without ever suggesting that other countries may follow it into the ditch. Japan has by now experienced fiscal deficits and debt downgrades for a long while. Its stock market is about 75% below its peak in...
read moreIn the investing arena, I’m hooked on “The High Tech Strategist”, a monthly newsletter by Fred Hickey (The High Tech Strategist PO Box 3133 Nashua NH 03061-3133), which presents his personal insights on our economy. Note: Hickey is one of the few experts who participate annually (spread across three issues) in Barron’s Roundtable. He’s also a big fan of Gold. Allow...
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35th Anniversary of Gartner Inc.'s Founding: Gartner Inc. (originally called Gartner Group) was born on April 1, 1979, together with a ... [read more]
Oh My Darling Clementine: My three year-old grand-daughter Clementine is very smart. While she's never taken any piano lessons ... [read more]
Social Networking May Be Bad for Your Health: What might have once been called 'intellectual networking' seems to have been displaced by today's ... [read more]
Genius Economist Suggests Solution to Housing Problem: John Geanakoplos is James Tobin professor of economics at Yale University and one of the founders of Ellington Capital Management, ... [read more]
Which Executive Education School Is Tops?: Interestingly, executive education rankings by various publications produce results which seem all over the map. In fact, the ... [read more]