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Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

Today the Fed released minutes of meetings at the start and during the great financial crisis. Some outside consultants presented to the Fed at that meeting, generally giving an amazingly rosy view of the world as well. These minutes show how clueless the Fed Governors were at the start of the recession. I slogged through most of it.

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We May Not Have a Clear Path, But We Each Have One

Harmonious Workplaces

In 1999, rock-and-roll legend Rikk promoted me within six months from sales associate and drum department head at Sam Ash Music to Operations Manager, where I not only led a warehouse crew, but I became the regional trainer on an Oracle-based POS system at the age of 23.

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Mish's Global Economic Trend Analysis: Avalanche of City Debt.

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. According to Moodys Chicago has $19 billion in unfunded pension liability and faces a "tremendous strain" in meeting their budget and paying law enforcement. Sitka Pacific. Recent Posts.

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Scranton Needs 117% Property Tax Hike to Balance Budget

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. It may be viewed by some as kicking the can down the road, but it may prove to the state that we need a (countywide) sales tax.". 2009-12-09 Tech Ticker. 2009-10-30 King World News.

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EU officials Give Greece Three Days to Deliver Reforms or Face

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. If by some remote chance, should Greece not cave in, then expect the Troika to slightly change its demands so that Greece will meet the demands. 2009-12-09 Tech Ticker. Sitka Pacific.

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China Industrial Growth Slows, Power Generation Negative 1st Time in 4 Years; Stimulate Now, Crash Later

MishTalk

Jiang Yuan, a senior statistician with the bureau, said the dip in August factory growth was due to weak global demand, especially from emerging markets, and the slowdown in the property sector that hit demand for steel, cement and vehicles. percent in early 2009. Retail Sales: +11.9% Power Generation: -2.2%

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Driverless technology: a soon-to-be reality?

Tom Spencer

As exciting as that still sounds, the idea of driverless has been around ever since motorised cars were invented back in the 1920s and realised from at least 2009 when Google launched its self-driving car project, Waymo. But one thing it didn’t get right was the flying cars; instead, the closest thing we have are driverless cars.

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