Comments 1 - 10 of 10 Search these comments
Logan is a dumb fuck mortgage door-to-door salesman who pays money to be able to speak at scummy seminars sponsored by the greasy-haired mortgage industry.
Why would you care about his opinions?
He's an even dumber, poorer version of Jim Cramer, with no 1,237 nightly viewers.
I want to see how such an expert shill responds to what I consider very excellent economic analysis.
"Central banks have flooded the global economy with trillions of dollars, euros, yen and yuan, and continue to do so to the tune of $200 billion per month:"
Charles Hugh Smith
Interesting article however his statement above is a little lean concerning the $200 billion per month.
"The economy is based on aggregate demand for more goods and services."
More,more,more is the only way for economics & the environment on a finite planet.
Logan's a smart guy who knows what crowds he can't sell. He's made his living pushing a certain perspective that requires buyers to, shall we say, not think critically. Since patnet is full of crazy, and critical, his show doesn't play well here. Now he just drops in to bash us all as "Bears". Sour grapes Logan, sour grapes...
I want to see how such an expert shill responds to what I consider very excellent economic analysis.
Be very careful on taking anything CHS says to heart. Former poster Dunnross used CHS "excellent economic analysis" to tell us all that home prices (despite all the stimulus being thrown at them) were STILL going to hit 1975 NOMINAL values by 2014.
It was actually Rs that removed Glass Steagall. Yes, a centrist Dem signed it into law, but it was Republicans that passed it through Congress. Same with NAFTA.
Charles Hugh Smith on current state of economy:
http://oftwominds.bmobilized.com/?url=http%3A%2F%2Fwww.oftwominds.com%2Fblog.html