tag:blogger.com,1999:blog-8702840202604739302.post4682710169254138487..comments2024-03-28T03:38:53.734-07:00Comments on MacroMania: Turning wine into liquidityDavid Andolfattohttp://www.blogger.com/profile/12138572028306561024noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-8702840202604739302.post-34810479872657341902012-03-21T00:37:39.944-07:002012-03-21T00:37:39.944-07:00David, You say “And now that pawnshops are musclin...David, You say “And now that pawnshops are muscling into the shadow banking sector, I wonder how long it will be before they too will be subject to regulatory oversight?”<br /><br />My answer is: “an awful long time if past experience is any guide”.<br /><br />It strikes me that the regulators have been thoroughly dilatory in regulating the shadow bank industry. And I can’t see the big difficulty. In other words why don’t we have a law saying that any institution with a turnover of more than $Xmillion a year that acts like a bank shall be deemed to be a bank, and will have to obey bank regulations?<br /><br />I’m sure the problem is more complicated than I’ve portrayed in the above paragraph. But I don’t believe the problem is insuperable.Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-87884685813737076032012-03-18T09:21:11.614-07:002012-03-18T09:21:11.614-07:00David
Next week, can you comment on this paper
h...David<br /><br />Next week, can you comment on this paper<br /><br />http://www.stanford.edu/~rehall/QuantifyingForces.pdfJLDhttps://www.blogger.com/profile/02186957841091998126noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-44875251441484393552012-03-17T18:17:39.425-07:002012-03-17T18:17:39.425-07:00You laugh, but...
"It is as well to keep in...You laugh, but...<br /><br /> "It is as well to keep in mind an anecdote from Simon Loftus ... which he attributes to the late Peter Sichel: `Abe bought a shipment of sardines that had already been traded many times and each time profitably. Unlike previous buyers, Abe decided to try a can of his purchase. The sardines were terrible. He telephoned Joe from whom he'd bought them only to be told 'But Abe, those sardines are for trading, not eating!'"<br /><br />Source: http://www.les5duvin.com/m/article-53114005.htmlDavid Andolfattohttps://www.blogger.com/profile/12138572028306561024noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-55529768788550412502012-03-17T17:45:50.004-07:002012-03-17T17:45:50.004-07:00Wow...roughly a 30% decline in just a few months! ...Wow...roughly a 30% decline in just a few months! Thanks for the update! (Now we know why the large haircuts.)David Andolfattohttps://www.blogger.com/profile/12138572028306561024noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-3163985028912853882012-03-17T17:13:12.516-07:002012-03-17T17:13:12.516-07:00Anyone for investment grade sardines?Anyone for investment grade sardines?Kaleberghttps://www.blogger.com/profile/05283840743310507878noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-25703201977644958722012-03-17T06:48:15.739-07:002012-03-17T06:48:15.739-07:00Price bubbles in everything = hyperinflation.Price bubbles in everything = hyperinflation.The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-82802656439436176952012-03-16T22:25:13.681-07:002012-03-16T22:25:13.681-07:00Looks like the bubble recently went busto:
http:/...Looks like the bubble recently went busto:<br /><br />http://www.liv-ex.com/pages/static_page.jsp?pageId=100Stone Glasgowhttps://www.blogger.com/profile/00545401735030232324noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-43831319290826679902012-03-16T18:55:27.940-07:002012-03-16T18:55:27.940-07:00great post
what we expect out of you
insight, ir...great post<br /><br />what we expect out of you<br /><br />insight, irony, and humorJLDhttps://www.blogger.com/profile/02186957841091998126noreply@blogger.com