Comments on: The eye of the storm http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/ Fri, 30 Jul 2010 00:22:36 -0700 hourly 1 http://wordpress.org/?v=abc By: Daniel Johnson, Jr. http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4407 Daniel Johnson, Jr. Tue, 02 Jun 2009 18:55:40 +0000 http://www.christopherspenn.com/?p=891#comment-4407 Gulp! Gulp!

]]> By: Daniel Johnson, Jr. http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4408 Daniel Johnson, Jr. Tue, 02 Jun 2009 18:55:40 +0000 http://www.christopherspenn.com/?p=891#comment-4408 Gulp! Gulp!

]]> By: Daniel Johnson, Jr. http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4493 Daniel Johnson, Jr. Tue, 02 Jun 2009 18:55:40 +0000 http://www.christopherspenn.com/?p=891#comment-4493 Gulp! Gulp!

]]> By: Rian http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4406 Rian Tue, 02 Jun 2009 12:06:33 +0000 http://www.christopherspenn.com/?p=891#comment-4406 Batten down the hatches and tighten spending? Therefore making worse the paradox of thrift?<br><br>Er, no thanks. What we need is more organic consumer spending (as opposed to debt spending). The rate of US savings is up (around 5%, I believe), and cutting back on consumer spending is only going to exacerbate the problems in the real economy (which is slowly beginning to recover). We can destroy that progress in the real economy by cutting back spending.<br><br>Needless to say, I disagree with your prescription. Batten down the hatches and tighten spending? Therefore making worse the paradox of thrift?

Er, no thanks. What we need is more organic consumer spending (as opposed to debt spending). The rate of US savings is up (around 5%, I believe), and cutting back on consumer spending is only going to exacerbate the problems in the real economy (which is slowly beginning to recover). We can destroy that progress in the real economy by cutting back spending.

Needless to say, I disagree with your prescription.

]]> By: Rian http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4492 Rian Tue, 02 Jun 2009 12:06:33 +0000 http://www.christopherspenn.com/?p=891#comment-4492 Batten down the hatches and tighten spending? Therefore making worse the paradox of thrift?<br><br>Er, no thanks. What we need is more organic consumer spending (as opposed to debt spending). The rate of US savings is up (around 5%, I believe), and cutting back on consumer spending is only going to exacerbate the problems in the real economy (which is slowly beginning to recover). We can destroy that progress in the real economy by cutting back spending.<br><br>Needless to say, I disagree with your prescription. Batten down the hatches and tighten spending? Therefore making worse the paradox of thrift?

Er, no thanks. What we need is more organic consumer spending (as opposed to debt spending). The rate of US savings is up (around 5%, I believe), and cutting back on consumer spending is only going to exacerbate the problems in the real economy (which is slowly beginning to recover). We can destroy that progress in the real economy by cutting back spending.

Needless to say, I disagree with your prescription.

]]> By: butwait http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4404 butwait Mon, 01 Jun 2009 23:14:36 +0000 http://www.christopherspenn.com/?p=891#comment-4404 Chris, I'm unfamiliar with the concept of mortgage rate resets... can you point me towards a resource that could help me get up to speed? <br><br>Thanks as always for your insight... Chris, I'm unfamiliar with the concept of mortgage rate resets… can you point me towards a resource that could help me get up to speed?

Thanks as always for your insight…

]]> By: butwait http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4491 butwait Mon, 01 Jun 2009 23:14:36 +0000 http://www.christopherspenn.com/?p=891#comment-4491 Chris, I'm unfamiliar with the concept of mortgage rate resets... can you point me towards a resource that could help me get up to speed? <br><br>Thanks as always for your insight... Chris, I'm unfamiliar with the concept of mortgage rate resets… can you point me towards a resource that could help me get up to speed?

Thanks as always for your insight…

]]> By: Stuartfoster http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4372 Stuartfoster Mon, 01 Jun 2009 12:30:31 +0000 http://www.christopherspenn.com/?p=891#comment-4372 I really really hope this is wrong. Nevertheless, awesome and informative article, that scared me to death. I really really hope this is wrong. Nevertheless, awesome and informative article, that scared me to death.

]]> By: Stuartfoster http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4374 Stuartfoster Mon, 01 Jun 2009 12:30:31 +0000 http://www.christopherspenn.com/?p=891#comment-4374 I really really hope this is wrong. Nevertheless, awesome and informative article, that scared me to death. I really really hope this is wrong. Nevertheless, awesome and informative article, that scared me to death.

]]> By: Stuartfoster http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4376 Stuartfoster Mon, 01 Jun 2009 12:30:31 +0000 http://www.christopherspenn.com/?p=891#comment-4376 I really really hope this is wrong. Nevertheless, awesome and informative article, that scared me to death. I really really hope this is wrong. Nevertheless, awesome and informative article, that scared me to death.

]]> By: Stuartfoster http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4490 Stuartfoster Mon, 01 Jun 2009 12:30:31 +0000 http://www.christopherspenn.com/?p=891#comment-4490 I really really hope this is wrong. Nevertheless, awesome and informative article, that scared me to death. I really really hope this is wrong. Nevertheless, awesome and informative article, that scared me to death.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4309 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4309 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4310 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4310 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4311 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4311 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4312 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4312 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4317 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4317 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4319 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4319 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4321 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4321 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4324 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4324 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4325 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4325 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4330 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4330 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4346 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4346 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4347 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4347 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4352 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4352 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4354 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4354 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4368 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4368 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4369 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4369 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4371 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4371 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4373 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4373 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4375 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4375 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

]]> By: obilon http://www.christopherspenn.com/2009/06/01/the-eye-of-the-storm/comment-page-1/#comment-4489 obilon Mon, 01 Jun 2009 11:01:44 +0000 http://www.christopherspenn.com/?p=891#comment-4489 You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell. You are a rock star, Chris and this information is why I follow you. I hope this is wrong and from the bailout programs and stimulus spending the government has put into place we see a much softer bounce on the other side of this storm (isn't that what they were trying to accomplish after all?) but only time will tell.

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