Government economic stimulus is financial heroin
Summary: A powerful metaphor, widely used, about this recession — the worst since the 1930’s — providing important insights. Excerpt from “Financial Heroin”, Don Coxe, Coxe Advisors, 16 December 2009:...
View ArticleGovernment economic stimulus is powerful medicine. Just as heroin was once...
Summary: Today America passed an important fork in the road, an easy exit from the massive monetary stimulus running since the crash. If the economy continues its slow growth (well below the 2% stall...
View ArticleAnother view of New America: inequality, low social mobility, rising heroin...
Summary: A different perspective on the New America arising now. Heroin, unemployment, and inequality — bricks in the structure. I have attempted — with, I suspect, little success — to convey to you...
View ArticleThe great monetary experiment enters a new phase, with America as the stakes
Summary: We have begun a critical phase in the great monetary experiment. We know that we should stop, but our leaders fear the resulting economic shock. They fear to stop, fear to continue. There is...
View ArticleThe key to understanding the future of QE3, and the future of our economy
Summary: It is all about models. That’s true about all sciences, from physics to climate to economics. If you don’t believe in models, you don’t know what model you use. Today we will discuss two...
View ArticleHow to predict the outcome of this great monetary experiment, and how we got...
Summary: Today we discuss the nature of the great monetary experiment now under weigh, with five years of zero interest rates and repeated doses of quantitative easing. What does it mean to say this is...
View ArticlePaths to Recovery for Gay and Bisexual Drug Addicts: Healing Weary Hearts
Summary: A people’s greatest madness is usually hidden from them. So it is with America’s war on drugs. Generation after generation it goes on at vast cost — both in terms of money and the damage it...
View ArticleGovernment economic stimulus is financial heroin
Tweet Summary: A powerful metaphor, widely used, about this recession — the worst since the 1930’s — providing important insights. Excerpt from “Financial Heroin”, Don Coxe, Coxe Advisors, 16...
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