Comments on: More support for the asset-based economy status quo from Sir Alan Greenspan http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: Edward Harrison http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-58427 Edward Harrison Mon, 08 Feb 2010 19:25:00 +0000 http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-58427 I have shifted from the stimulus talk to focus on malinvestment, Vangel: http://bit.ly/8Qpjqs I have shifted from the stimulus talk to focus on malinvestment, Vangel: http://bit.ly/8Qpjqs

]]> By: Vangel http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-58426 Vangel Mon, 08 Feb 2010 18:57:00 +0000 http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-58426 I agree. But the way I read you, you are aware that what Greenspan is proposing is to keep the 'fake economy' going. If you can see that what Greenspan is proposing is futile why are you pushing that Obama do the same thing by using stimulus activities to fund uneconomic projects that do not create permanent jobs and allow a real recovery to take place? From what I can tell, your criticism of Greenspan is inconsistent with your position on government spending and meddling in the economy. I agree. But the way I read you, you are aware that what Greenspan is proposing is to keep the ‘fake economy’ going. If you can see that what Greenspan is proposing is futile why are you pushing that Obama do the same thing by using stimulus activities to fund uneconomic projects that do not create permanent jobs and allow a real recovery to take place?

From what I can tell, your criticism of Greenspan is inconsistent with your position on government spending and meddling in the economy.

]]> By: Edward Harrison http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-58423 Edward Harrison Mon, 08 Feb 2010 16:42:00 +0000 http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-58423 Greenspan is not saying anything 'materially' different. He just focuses on different agents of re-creating the status quo ante. Greenspan is not saying anything ‘materially’ different. He just focuses on different agents of re-creating the status quo ante.

]]> By: Vangel http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-58420 Vangel Mon, 08 Feb 2010 16:01:00 +0000 http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-58420 How is what he is saying materially different than what is being said by those pushing 'stimulus' projects to keep the fake economy going? And does this mean that you are coming around to the argument that we have to get government out of the way and let the markets clean out the system so that a real recovery can finally begin? How is what he is saying materially different than what is being said by those pushing ‘stimulus’ projects to keep the fake economy going?

And does this mean that you are coming around to the argument that we have to get government out of the way and let the markets clean out the system so that a real recovery can finally begin?

]]> By: VangelV http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-9852 VangelV Mon, 08 Feb 2010 16:00:27 +0000 http://www.creditwritedowns.com/2010/02/more-support-for-the-asset-based-economy-status-quo-from-sir-alan-greenspan.html#comment-9852 How is what he is saying materially different than what is being said by those pushing 'stimulus' projects to keep the fake economy going? Does this mean that you are coming around to the argument that we have to get government out of the way and let the markets clean out the system so that a real recovery can finally begin? How is what he is saying materially different than what is being said by those pushing ‘stimulus’ projects to keep the fake economy going?

Does this mean that you are coming around to the argument that we have to get government out of the way and let the markets clean out the system so that a real recovery can finally begin?

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