@NickTimiraos They don’t know. They are just making it up as they go, same as it evah was. You think warsh is the new oracle at delphi. No. Quit expecting him to be. He has to build a team and learn how to manage it. 12 other prima donnas who love the limelight(-1). Fake pushback /=cred
@RudyHavenstein@ABC And no one should take abc news seriously, especially the hyper-emotive Muir. The evening news will start with foreign policy headline or shooting, move to the current weather scare, then another shooting or political story, and then end with a dr feelgood america strong puffery
@WarrenPies@qthomp@rev_cap I would say the balance sheet inflated financial assets and housing in particular. The 2000’s bubble in housing was lack of regulation and low interest rates andthe 2020’s housing bubble was 0 int rates and fed mbs purchases which warsh wants to get rid of.
@DaveNadig@SamRo I thought your comment was about the fed statement. I am old enough to have been instructed to read “who moved my cheese” by my corporate boss. We know they will try to inflate to get out from under the debt/deficit, and that job is easier with fewer comparisons. Shadowstat2?
@JackFarley96@LynAldenContact The ancients used to inscribe and roll bones to divine what is happening. You are so modern! Multiple models et al…peace be with you. !
@LynAldenContact There is that but then so many parents are incapable or just unwilling to parent in a responsible manner. We seem to be approaching a bottleneck where choices are fewer and path is constrained and those that come out the otherside will rewrite the agreements for 1st turn regen.