In summary 10 year long recession, similar to lost decade in Japan, no world-wide wars, and America the least affected with the dollar being a safe haven. Very interesting interview on the Globe and Mail here.
Archive for February 2009
Niall Ferguson interview – his views
February 26, 2009Inflation Adjusted DJIA
February 26, 2009It’s good to have another interesting look at the DJIA. I found an inflation adjusted version from the “word out” blog. Interesting to think that there are times when inflation wipes out the gains of the stock market. This blogger mentions the ’70s as a real strange example–the actual wealth in the Dow Jones actually [...]
DoE scrambles to get ready for money flow
February 25, 2009One of the initial “winners” of Obama’s stimulus package is the Department of Energy. It looks like they are working hard to get ready to award contracts (see article here). Hopefully it is done correctly. Any time government money is given out there is always a suspicion of the teams/companies that won the contract is actually [...]
Obama in Ottawa part. 2
February 23, 2009A bit late, but I just wanted to say how much I, and other Ottawans (?) enjoyed Mr. Obama’s surprise visit to the market area. Neat little bit of public relations which may have driven his security forces nuts, but sure put a smile on a few faces in the market especially a 17 year [...]
And now for something completely different…
February 20, 2009Dr. Don Scansen at Scansen Uncensored has uncovered a neato blog, oddee.com. This blog contains some of the strange things from around the world. Just thought I should share.
Obama in Ottawa
February 19, 2009It’s like when the Beatles came! Ottawa is a buzz with anticipation as the newest American president makes his first foreign visit. People have bussed in from around the area, just to be near him (the public will not get a chance to see him) Wow, the expectations for such a short trip! Well, I [...]
Dow Jones prediction for the sake of doing a prediction.
February 17, 2009With the Dow Jones quickly falling, I must look at the graphs that I put up a little while ago in this post. I know this is a completely wild guess but my guess is the bottom (for the next decade) will be around 5500. This is the number I predict as I still have [...]
What’s going on in Pakistan
February 17, 2009Thank goodness for Loring Wirbel (and the NY Times). Loring has a good post here talking about what has been going on in the Swat region of Pakistan. And bemoans the major media that seems to be ignoring this large issue. Instability in Pakistan means a whole lot more to the world than just instability [...]
More Recession Graphs
February 11, 2009This one is created by the Time blogging team called Swampland. It deals with job losses and time to recover those jobs that were lost. There is some interesting analysis that goes with this graph, also some very interesting comments attached. Check it out here: Recession graph I do so love graphs and charts!
Right and Left (continued)
February 10, 2009To further talk about the outdated terms “left” and “right” we need to look at the definition of the term “political spectrum”. This term is used to describe Multiple political axis
