[ExI] M0 singularity... you're soaking in it

[spike]

Gordon, your posts raise the average economic IQ of ExI-chat by about 30
points.  I want to have you cloned a hundred times, and thousand more now
that we have the copy machine warmed up and doing something useful.  Thanks
for this.  

ExI-chatters, please read gts and do ye likewise.  spike


> ... On Behalf Of Gordon Swobe
> Sent: Friday, February 06, 2009 5:34 AM
> To: ExI chat list
> Subject: Re: [ExI] M0 singularity... you're soaking in it
> 
> --- On Tue, 2/3/09, samantha <sjatkins at mac.com> wrote:
> 
> >> As for inflation concerns, in response to the financial crisis the...
> > ...The message is not low estimate of inflation I am afraid.
> 
> You imply that treasuries have lost market value. Actually 
> they have gained value.
> 
> A quick primer:
> 
> Bond investors bear three kinds of risk:
> 
> 1) Credit risk: 
> ...
> If the market is efficient then we should look to the market 
> to help us forecast the economy. And this market indicator is 
> flashing a warning signal about something much worse than a 
> garden-variety recession.
> 
> -gts