Det går hastigt ned ad bakke. Almindelige private borgere gør klogt i at nedbringe både gæld og opsparing. Fast ejendom – for eksempel ens eget hjem – genvinder før eller siden det meste af sin værdi. Der vil ens penge kunne stå nogenlunde sikkert og vente på bedre tider.
Men videre til Riskær, der skriver om dansk nationaløkonomi. Er manden blevet konservativ på sine gamle dage? Mugged by reality? I så fald er Riskær ikke alene:
Bankkrak er kun begyndelsen
Af Klaus Riskær Pedersen | 12. oktober 2011
Mens bankerne via Bankpakke IV sender låneskrot for milliarder videre til staten, lurer endnu større kriser i horisonten: Nationalbanken har tildelt bankerne finansiering for 400 mia. kr., og som noget nyt kan de stille kundearrangementer som sikkerhed. Det skaber risiko for, at rådne lån ender hos skatteborgerne
Mere HER i Information. Og om den amerikanske variant af krisen:
October 14, 2008: The Day the Economy as We Knew It Died
Hank Paulson’s “gun to the head” hijacking of TARP, and the sickening silence which followed.
October 14, 2011 – by Tom Blume
Almost everyone who believes in the Constitution and free markets properly considers October 3, 2008, one of the darkest days in U.S. history. It was on that day that the “Emergency Economic Stabilization Act” creating the Troubled Asset Relief Program (TARP) became law. A day later, I wrote that law’s passage, accompanied by tactics and threats which amounted to orchestrated blackmail, over the strident objections of over 150 economists from across the political spectrum, only days after its initial voter-driven failure, proved that Washington’s politicians and elites “don’t care what we think.”
Abhorrent as it was, the sickening saga of TARP’s enactment was nothing compared to what transpired less than two weeks later.
Everyone’s understanding of the legislation — at least publicly expressed — was that it would, quoting from the bill’s text, authorize the Treasury Department “to purchase, and to make and fund commitments to purchase, troubled assets.” Specifically identified “troubled assets” included:
Mere HER i Pajamas Media. Og til venstrefløjens tro og overtro – meget kort artikel:
Inequality and happiness
I dream of Gini
Oct 12th 2011
The relationship between wealth, happiness and inequality
Mere HER i The Economist. Og samme emne, – men en anderledes konklusion:
The Instability of Inequality
October 13, 2011 – Nouriel Roubini
New York – This year has witnessed a global wave of social and political turmoil and instability, with masses of people pouring into the real and virtual streets: the Arab Spring; riots in London; Israel’s middle-class protests against high housing prices and an inflationary squeeze on living standards; protesting Chilean students; the destruction in Germany of the expensive cars of “fat cats”; India’s movement against corruption; mounting unhappiness with corruption and inequality in China; and now the “Occupy Wall Street” movement in New York and across the United States.
Mere HER hos Project Syndicate.
Andre kilder: 180Grader,