patrick.net

Barack Obama in 2006. Kind like Krugman used to worry about structural deficit in 2004.

Obama's positions were amazing before he got elected. He just could not follow through on all of his promises.

robertoaribas says

I know you guys don't have any real grasp of economics

You can't help yourself, can you?

robertoaribas says

I know you guys don't have any real grasp of economics

This is a coming from a guy whose entire success depends purely on the Fed policy of lowering long term interest rates. One trick pony.

robertoaribas says

but the tax and policies needed during a roaring expansion actually are different than the ones you need during a collapse

Are we in a collapse right now? I think the economy is overheating in many sectors just like 2005.

treatmentreport says

This is a coming from a guy whose entire success depends purely on the Fed policy of lowering long term interest rates. One trick pony.

Did Roberto predict FED policy and QE infinity would artificially hold rates down? I don't remember Roberto ever saying he based his business model on the decisions of the FED. Pretty much all of Roberto's post are pro-housing, regardless of the rationale.

treatmentreport says

Are we in a collapse right now? I think the economy is overheating in many sectors just like 2005.

But, that's only due to lies and manipulation. Behind the curtains, the emperor isn't wearing any clothes.

Goran_K says

Did Roberto predict FED policy and QE infinity would artificially hold rates down

He might have not predicted it, but that's what he is benefiting from. He would have made a lot more money buying 30 year bond itself.

dunnross says

Behind the curtains, the emperor isn't wearing any clothes.

Which is exactly why we should elect Scarlett Johansson.

treatmentreport says

He might have not predicted it, but that's what he is benefiting from. He would have made a lot more money buying 30 year bond itself.

Exactly. Anyone can say "Prices are going up", but for me it's the reasoning and building of an argument that convinces me it's not a broken clock being right twice a day.