HOME | WHAT IS SOCIO TIMES? | CONTRIBUTE | ARCHIVES | CULTURAL TRENDS | SOCIAL CHANGE | MARKETS | ECONOMY | POLITICS SEARCH BY CATEGORY HP's Phone Records Scandal Spies a Bear Market Category: SCAMS & SCANDALS Posted by Pete Kendall | September 12, 2006 | 09:48 AM READ FULL ARTICLE A Play on the Scandal Boom Category: SCAMS & SCANDALS Posted by Pete Kendall | June 15, 2006 | 11:44 AM READ FULL ARTICLE New & Improved Corporate Scandals Category: SCAMS & SCANDALS Posted by Pete Kendall | May 27, 2006 | 01:59 PM READ FULL ARTICLE Court of Public Opinion Turns On Lay and Skilling Category: SCAMS & SCANDALS Posted by Pete Kendall | May 17, 2006 | 09:43 AM READ FULL ARTICLE 'It's a Cheat, It's a Fraud, It's a Scam?!' No, It's Super-Bubble Category: SCAMS & SCANDALS Posted by Pete Kendall | May 05, 2006 | 01:42 PM READ FULL ARTICLE RECENT ARTICLES September 12, 2006 HP's Phone Records Scandal Spies a Bear Market read more June 15, 2006 A Play on the Scandal Boom read more May 27, 2006 New & Improved Corporate Scandals read more May 17, 2006 Court of Public Opinion Turns On Lay and Skilling read more May 5, 2006 'It's a Cheat, It's a Fraud, It's a Scam?!' No, It's Super-Bubble 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