Dear Arthur, ... normally refers to "tangible money" like coins of valuable metals, etc. ... would then, I suppose, refer to money that are money by fiat and...
Are there no limits on the leverage (gearing) of American REITS? British REITS are limited to 30 per cent, so there is no question of rents being absorbed by...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 8:05 am
11515
Arno, you ask the right questions, but there may be answers which do not falsify the fears. We must be careful, but we should also insist on answers to these...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 8:16 am
11516
Well said, Geoffrey. There's a lot to be said about the superstructure of our financial "system"; but what you're saying, I think, is that the simple matter of...
Arno, Gunnar and Michael, Re my question about the etymology of Stornoway what about Stor ny øy = big new island? This would mean they were naming the whole...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 8:55 am
11518
No need to worry -- the US isn't going to run out of assets to sell to foreign investors any time soon ... Brad Setser | May 01, 2007 In a comment in the...
just a question - someone ( I think it was Chris?) mentioned last week that British banks are screwing their customers. What practices exactly were being...
The essence of all that is written in the article below is in "America's Suicidal Statcraft"; but it is sobering - and terrifying - to read so much detailed...
Geoffrey, ... I wonder what this means for the development of carbon emissions . With such historical emissions one might even wonder if there really has been...
Dear James, David Hale and I often have discussed how the balancing item in international payments no longer is trade and the current account, but the capital...
Thank you very much Michael. I am most grateful. The 14 days away from home had made me completely forget. Embarassingly age taking its toll. Or perhaps it is...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 4:11 pm
11524
. Michael has - with much justification - been plugging away for years now at the reality that it is capital flows, rather than trade flows, which determine...
James, Gunnar will laugh as Iceland has used geo-thermal energy for decades, but no deep drilling is involved. Proposals to use geo-thermal energy in countries...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 5:28 pm
11526
Looks like a good way of taxing the poor to pay for the pleasures of people like us. But a lottery is just as effective. Geoffrey ... From: Dirk Bezemer To:...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 6:00 pm
11527
Whose losses balanced Paulson's gains. Not my pension fund, I hope! Geoff ... From: James To: Gang8@yahoogroups.com Sent: Wednesday, May 02, 2007 1:19 PM ...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 6:34 pm
11528
Dirk, Unlike most other countries British bank customers can draw cheques which put their accounts in the red. The overdraft, as it is called, should be...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 6:48 pm
11529
Yes, Michael, will think about it. We must of course distinguish between truly debt free money, a chimaera, and state debt which will never be repaid because...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 6:49 pm
11530
Well observed, James. Geoff ... From: James To: VOW@... ; gang8@yahoogroups.com ; longwaves@... ; Joseph Barbuto Sent: Friday, April 27, 2007...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 6:51 pm
11531
'It takes two to tango' and it takes two to create credit, so are both the source? I don't think we should be too serious about such semantics. we could waste...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 7:12 pm
11532
Agreed, Geoff ... From: Ercouncil@... To: gang8@yahoogroups.com Sent: Thursday, April 26, 2007 3:56 PM Subject: [gang8] Boo ! to big banks . From Chris...
GEOFFREY GARDINER
geoffrey.gardiner@...
May 2, 2007 7:25 pm
11533
Dear Geoffrey, The idea that ³the Chinese invented fiat money² is a reflection of academic specialization into disciplines. Why should a sinologist read ...
Right, Chris. And most of Chase¹s profits in the 1960s were from its ³Eurodollar² desk, run by a young 20-something bookkeeper. The Fed didn¹t impose...
UPDATE 1-Hedge fund risks worst since '98 crisis, Fed says By Pedro Nicolaci da Costa NEW YORK, May 2 (Reuters) - Hedge funds may now pose the biggest risk of...
thanks for your view, Geoffrey - implying that the screwing is more in the media than real. My personal experience with our village Lloyds TSB branch is...
The poor? The poor rent. Capital gains on houses are a game of "to those who have will be given more". Those haves are the middle classes and upwards. Taxing...
Restructing the Banking industry I believe we are in a third phase, and should now enter a fourth phase, of the long term development of the retail banking...
. The insuperable problem with all these green-eyed attempts to grab some of the value embedded in houses to support the spending ambitions of politicians, ...
Chris, I'll happily do you a favour since you ask. Let me explain. Converting equity into consumption - that is, wealth into cash flow - is not so far fetched...
. But how would this work in the real world? Even if a tax-gatherer claims he owns another slice of a valuable house each year as a "tax" that still...
... Chris, before we continue, you did not respond to my point that, actually, house price increases do tend to be converted in spendable income - namely, by...
Having problems with message search?
Fill out this form to ensure your group is one of the first to be migrated to the new message search system.
