Coming Soon: The Miraculous Hollow Economy

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Does FASB's flipflop on institutional accounting standards from "mark to market" bookkeeping have anything to do with this theoretical acceleration of economic activity?

Robert Warner of FL 6:54PM September 20, 2009

I am no economist but Does used and unused technology Figure into all of this. All the technology that was shelved or reinvented is that going to make a difference?. I believe there will be a time thanks to our forefathers that people will be able to devote more time to studies and vacations than work.

However the so called American dream is going to blind us from that future for awhile yet.

This is the day that we manipulate “supply and demand” by throwing food away, plowing it under or hopefully at least ship it to a third world country to get it out of the market. We have man oil wells in Texas and other oil bearing states with oil pumps that is shut off that have plenty of oil. And they want to drill for more. Supply and demand is no longer a valid reason to raise prices not if it is manipulated.

Instead the crooks should be arrested and put in the same prison of Madeoff,

Don D. Brock

Don D. Brock of AZ 7:54PM September 19, 2009

is anticipating these numbers. That's why it's going up so fast. It's too bad that most of the earnings improvements are coming from "cost cutting" (reductions of amounts paid to individual people for their labor) and from accounting gyrations in how certain assets on the balance sheets are "valued".

It's also too bad that conservatives will crow about the virtues of free enterprise causing this comeback----when without massive (MASSIVE) government capital infusions and guarantees from the FED, we'd actually be in the depression that was feared.

Muser of NM 11:49AM September 18, 2009

capacity factory and load capacity.

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optimization marsrut.

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transport load and change money credit

transport.

alexandr/

alexandr of CO 3:44AM September 18, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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