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    "If you can't predict the future, then you need a system that can handle breakdown" John M. Keynes

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    "The birth of economics as a discipline is usually credited by Adam Smith, who published "The Wealth of Nations" in 1776. Over the next 160 years an extensive body of economic theory was developed, whose central message was: Trust the Market." _ Paul Krugman
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    "One fear is that foreign investors will stop buying U.S. debt, just as Washington needs to borrow more. Such a turn could lead to a dollar collapse, causing spikes in long-term rates and inflation. The less the U.S. need to borrow from abroad, the less downward pressure on the dollar - and the greater the balance in the global economy." _ James C. Cooper

Archive for November 8th, 2008

Credit Crisis Indicators – NYT

Posted by Robin Thieu on November 8, 2008

Credit-crisis-indicators

Credit-crisis-indicators

Source: http://www.nytimes.com/pages/business/economy/index.html

Posted in Bonds, Crisis, Finance, US | Tagged: , , , , | Leave a Comment »