HOME | WHAT IS SOCIO TIMES? | CONTRIBUTE | ARCHIVES | CULTURAL TRENDS | SOCIAL CHANGE | MARKETS | ECONOMY | POLITICS SEARCH BY MONTH « Previous Month | Entries from December 2005 | Next Month » Title Post Date Writer U. of Michigan Kicks Coke Out December 30, 2005 11:03 AM Pete Kendall Doha Is Not Dead December 20, 2005 05:19 PM Pete Kendall Anti-WTO Protesters March Through Hong Kong December 13, 2005 04:04 PM Pete Kendall Race Riots Erupt in Sydney December 12, 2005 02:37 PM Pete Kendall Stress Makes You Sick December 06, 2005 01:02 PM Pete Kendall RECENT ARTICLES December 30, 2005 U. of Michigan Kicks Coke Out read more December 20, 2005 Doha Is Not Dead read more December 13, 2005 Anti-WTO Protesters March Through Hong Kong read more December 12, 2005 Race Riots Erupt in Sydney read more December 6, 2005 Stress Makes You Sick read more FRESH COMMENTS Wall Street investment banks will maintain that damage from the subprime lending debacle remains well contained as a result of their hedging strategies. The truth is that they have no other course of action but to exude confidence until they actually figure out who owes what to whom. The financial engineering that supposedly protects them from mortgage debt default is so convoluted and interleaved that it will take something resembling a meltdown to really know who is left holding the bags. - Sheldon M. Rubin read article. The Times (London) article of March 8th says it all : "if you believe that the world will soon return to the inflationary conditions of the 1970s and 1980s, you should sell everything." The terrible irony, of course, is that we HAVE been undergoing hugely inflationary conditions in assets, equities, commodities and property right through the 1990s and particularly through this decade.The only way to judge inflation is through the lens of credit inflation. The chart shown on page 11 of The Elliott Wave Theorist in December showing the diminishing return of each dollar of new debt demonstrates the astonishing level of mal-investment that four decades of rampant credit inflation has led to. The only sensible conclusion is that this will reverse leading to a deflation of historic proportion. - Nick Marshall read article. Th idea of the Kobe Club is a fascinating Socionomic epic in itself. Dining under 2000 Samurai swords pointed downward! To me this foreshadows what is coming for a great many Americans who will have a high probability of being fatally skewered as they try to "catch a falling knife" in a Grand Supercycle decline. Completely, totally, utterly bizarre. - Sheila read article. HOME | WHAT IS SOCIO TIMES? | CONTRIBUTE | SEARCH    Copyright © 2025 | Privacy Policy | Report Site Issues