Mish’s Global Economic Analysis
Google Tech Talk
May 6, 2009
ABSTRACT
Presented by Mike “Mish” Shedlock.
Mike “Mish” Shedlock is author of one of the most read economics blogs on the Internet: Mish’s Global Economic Trend Analysis [http://globaleconomicanalysis.blogspot.com/].
Mish gave an @Google talk, sharing his perspective on the state of the global economy (housing, the stock market, commodities, etc.) He also provides his interesting story about how he started blogging, and the impact that it has had on his life personally and professionally.
In January, Time.com ranked his site the #1 based on a rounded set of criteria [http://www.time.com/time/business/article/0,8599,1873144-3,00.html]. From the article:
“Although Mish is not an economist by training, he adroitly gets into the thick of economic data. Mish uses observations made by those in major media, so-called experts and government officials and serves up analysis based on his impression of their relevance and validity. The author is not afraid to attack conventional wisdom.”
Duration : 0:50:19
[youtube 1YKc0UolTqE]
March 15th, 2010 at 10:46 am
Left-wing economics …
Left-wing economics has been detonated by Obama Geithner Summers Rubin supporting the giant derivatives bullshit scheme, and allowing banks into investments, so no wonder right-wingers don’t trust the left. Of course, the right has no answer either, since they are just shills for oligarchism, not raw capitalism. I’m just saying that attacking 100k per year public employees Mish is moronic. Govt waste is nothing compared to corporate theft. Concentration of wealth among the rich does not work..
March 15th, 2010 at 10:46 am
Ha. Where does the …
Ha. Where does the government get the money? From people who work and the businesses they work for… All they do with it is give more money to the banks who gambled wrong, and the incompetent government agencies who did nothing… and if there’s anything left maybe they’ll build a highway.
March 15th, 2010 at 10:46 am
@TheRealCritique ‘ …
@TheRealCritique ‘Laisses Faire’, are you mentioning the obvious illusion of a “Free Market” system. We have in recent history ~40 years not operated under a ‘Laisses Faire’ ‘Free Market’ system, we’ve just been told over and over by our political & media chearleaders about these fictional unicorns frawlicking around us.
March 15th, 2010 at 10:46 am
Hey, Mish, glad I …
Hey, Mish, glad I can finally criticize you. You make it so impossible on your webpage since you have such a thin skin. You were a decent analyst of the housing bubble, and worth reading then. Since then, you’ve turned into a right-wing hater of public servants, putting all the blame on govt instead of the laissez faire policies of stock traders and corporate raiders like YOU. Govt spending should not be the only solution, but it is part of the solution when the private sector has rotted LIKE U.
March 15th, 2010 at 10:46 am
The debate is does …
The debate is does Carbon determine Temperature or does Temperature determine Carbon.
There is global warming…and global cooling
March 15th, 2010 at 10:46 am
wow mishes …
wow mishes credentials are impressive!
March 15th, 2010 at 10:46 am
Mish, please focus …
Mish, please focus on the Federal Reserve and their control of the US Dollar. That is where the problems start and end.
March 15th, 2010 at 10:46 am
So true. ;^)
So true. ;^)
March 15th, 2010 at 10:46 am
I think the jury is …
I think the jury is out as to the causes of global warming
March 15th, 2010 at 10:46 am
Cap and trade just …
Cap and trade just destroys more jobs during an economic downturn. If Obama was smarter he’d focus on the economy before pushing down big legislation like this stuff. On the other hand isn’t there still solid evidence for global warming? We should find ways to deal with it without huge debt or job losses.
March 15th, 2010 at 10:46 am
Housing ? Tech …
Housing ? Tech bubble ?
March 15th, 2010 at 10:46 am
‘Cap and trade’ if …
‘Cap and trade’ if Al Gore gets his way
March 15th, 2010 at 10:46 am
what exporting …
what exporting military conflict ?
March 15th, 2010 at 10:46 am
Yep. No one wants …
Yep. No one wants to talk about this. How could there be inflation of asset prices with this level of outstanding debt ? Food and energy as different story I think
March 15th, 2010 at 10:46 am
It’s funny how …
It’s funny how realism is described as pessimism these days
March 15th, 2010 at 10:46 am
WWII (& III) …
WWII (& III) financed with debt. Google IOUSA
March 15th, 2010 at 10:46 am
A strength of his …
A strength of his convictions
March 15th, 2010 at 10:46 am
‘Cap and trade’, …
‘Cap and trade’, renewable energy ?
March 15th, 2010 at 10:46 am
Because the real …
Because the real world economy of goods and services is going down the tubes. Know anyone who i) lost their job, ii) house.?
March 15th, 2010 at 10:46 am
Leverage= debt …
Leverage= debt economy. Put it this way. How long could you maintain your standard of living if you lost your job tomorrow ? Google ”Money as Debt”
March 15th, 2010 at 10:46 am
I totally agree …
I totally agree with the guy at 40:40. I have no problem with fractional reserve banking as long as it’s not govt guaranteed. if a depositer wants to take that risk, that’s their baby. i disagree that a non govt backed fraction reserve banking will lead to asset bubbles.
March 15th, 2010 at 10:46 am
deflation is only a …
deflation is only a problem if the govt gets in the way! eg, fdr created minimum wages in an era where there was a shortage of cash. imo, deflation is only bad for debt. the consumer sees his wages drop, but so do prices therefore zero sum game imo
March 15th, 2010 at 10:46 am
the next bubble …
the next bubble will be in healthcare, alternative energy and defense! money is about to pour into these 3 sectors like never before and will eventually bust around 2020! lol
March 15th, 2010 at 10:46 am
krugman got it …
krugman got it right for once deflation is problem.. Mish rocks he gets it.
March 15th, 2010 at 10:46 am
@samann95014 Past …
I do hope you are right though.
@samann95014 Past performance does not indicate future results