MishTalk
NOVEMBER 20, 2015
Explaining the Persistent Overoptimism In a cross-country study of private-sector forecasts from 1989 to 1998, Loungani (2001) finds that “the record of failure to predict recessions is virtually unblemished.” When the bubble bursts, the resulting debt overhang forces borrowers to repair their balance sheets via reduced spending or default.
MishTalk
JULY 2, 2013
Get Involved The State of the Unions Finances: A Citizens Guide. Balanced Budget Ammendment Sign the Balanced Budget Petition. Barring some new developments — like all the gold in Fort Knox becoming irradiated — I do not expect to see a resumption of the 2001-11 uptrend. Minyanville Business and Market News.
MishTalk
APRIL 1, 2015
Chicago finances are even worse than I thought which is saying quite a bit because I have written about the sorry state of Chicago finances on numerous occasion. Many of these uses of bond proceeds are not eligible for tax-exempt financing under the federal tax code." Who Is Kristi Culpepper? You should be.
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