jmcgready’s misc universe

Commercial Paper Market Could Lose US$500B by Thanksgiving:

“Bad economic booms tend to produce bad results…
like runaway indebtedness and a plummeting currency.

Do you happen to know of any large Western economy with these characteristics?

Sometimes, the difference between a good boom
and a bad boom is very subtle and subjective.

A ‘bad boom,’ for example, might simply be
a good boom that you failed to participate in.

But usually, key fundamental differences
differentiate the good from the bad.

Bad booms tend to rely upon credit, for example,
rather than earnings and savings.

Therefore, when the inevitable bust occurs,
credit becomes a four-letter word: Debt.”

(Via Bits of News.)

Technorati: commercial paper market, currency, economic booms, fundamental differences, indebtedness, observations, runaway, western economy

Once again, Robert Bruce knocks it out of the freakin’ park

Robert Bruce | American Poet | The Irrelevance Of Relevance:

Our concerns
and desperate needs
are beyond what your
product or service
can solve

(Via Knife Gun Pen.)

Technorati Tags:
knife gun pen, robert bruce, irrelevance of relevance

Technorati: american poet, desperate needs, knife gun pen, observations, robert bruce