Comments on: Counterparties http://blogs.reuters.com/felix-salmon/2011/09/10/counterparties-419/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: EconMaverick http://blogs.reuters.com/felix-salmon/2011/09/10/counterparties-419/comment-page-1/#comment-30807 Mon, 12 Sep 2011 18:16:57 +0000 http://blogs.reuters.com/felix-salmon/?p=9833#comment-30807 Thanks Felix

My guess is that Bernake’s assessment that “consumers are depressed beyond reason” is probably more reflective of the shortcomings of Bernake’s models than anything else. Mainstream economics of the Neo-Classical/New Keynesian synthesis (be it left leaning “salt-water” or right leaning “fresh-water”, but especially fresh-water) does not properly weight and account for private sector debt buildup, Minsky style debt crises, or balance sheet recessions in general

http://economicmaverick.blogspot.com/

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By: EconMaverick http://blogs.reuters.com/felix-salmon/2011/09/10/counterparties-419/comment-page-1/#comment-30806 Mon, 12 Sep 2011 18:16:53 +0000 http://blogs.reuters.com/felix-salmon/?p=9833#comment-30806 Thanks Felix

My guess is that Bernake’s assessment that “consumers are depressed beyond reason” is probably more reflective of the shortcomings of Bernake’s models than anything else. Mainstream economics of the Neo-Classical/New Keynesian synthesis (be it left leaning “salt-water” or right leaning “fresh-water”, but especially fresh-water) does not properly weight and account for private sector debt buildup, Minsky style debt crises, or balance sheet recessions in general

http://economicmaverick.blogspot.com/

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By: ciwood http://blogs.reuters.com/felix-salmon/2011/09/10/counterparties-419/comment-page-1/#comment-30765 Sun, 11 Sep 2011 16:50:44 +0000 http://blogs.reuters.com/felix-salmon/?p=9833#comment-30765 If only our politicians were willing to die for their country instead of dying to be re-elected!!!

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By: GRRR http://blogs.reuters.com/felix-salmon/2011/09/10/counterparties-419/comment-page-1/#comment-30738 Sat, 10 Sep 2011 02:35:44 +0000 http://blogs.reuters.com/felix-salmon/?p=9833#comment-30738 Those F-16 pilots, nothing but 100% raw courage in the face of self-sacrifice for a nation, just as all those police and firefighters at WTC on 9/11, and the people aboard Flight 93.

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