"PPIP: The Long View
Me:
On this blog, I post stories, comments, anything that interests me. Sometimes, I comment upon them. I post the entire story, column, or whatever, in order to save it for my reference. On the right are comments, blogs, etc., that I find useful, or that express what qualify as my opinions. Feel free to contact me via the comment option. Rest assured, you will be treated civilly. On this blog, the assumption is that, properly presented, anyone can understand anything.
Friday, March 27, 2009
The below piece, courtesy of Gorelick Capital, nicely summarizes the bull view on PPIP.
TO BE NOTED: From Zero Hedge:
"PPIP: The Long View
The below piece, courtesy of Gorelick Capital, nicely summarizes the bull view on PPIP. The reasoning by author Chris Skardon is likely shared by the markets, at least over the past week, when no good news was too little, and no bad news was possible. While ZH agrees in principle with the near-term benefits and has in fact discussed these in length, it is the PPIP in context that should be considered, and just what the ramifications of the context leading to over 10 trillion in incremental US debt are, will be topic for the next post...
Me:
"PPIP: The Long View
Me:
An excellent post. One of the very few on the PPIP so far. Of course, that means that I tend to agree with it, especially as to whether or not banks will sell, and the conclusion is fair and basically what I believe. Thanks. Good work.
Don the libertarian Democrat
March 27, 2009 3:52 PM