Comments on: Another Scary Chart from Krugman (ISM Non-manufacturing/Employment Edition) http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism.html Sun, 22 Nov 2009 15:18:28 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: archer http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism.html#comment-3762 archer Wed, 06 Feb 2008 23:21:00 +0000 http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism-non-manufacturingemployment-edition/#comment-3762 2:02, Don't agree with you here. Krugman has been pretty middle of the road this time around, and if you believe the Shadow Stats crowd, we had a recession in 2003 if GDP were computed correctly. It's massively massaged, due particularly to hedonic adjustments. 2:02, Don’t agree with you here. Krugman has been pretty middle of the road this time around, and if you believe the Shadow Stats crowd, we had a recession in 2003 if GDP were computed correctly. It’s massively massaged, due particularly to hedonic adjustments.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism.html#comment-3755 Anonymous Wed, 06 Feb 2008 19:02:00 +0000 http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism-non-manufacturingemployment-edition/#comment-3755 Regardless of one's views of the scenario, the opening comment that Krugman "isn't bearish" is absurd. He's forecast recession several times every year since 2001 and should, at this point, have no credibility. Regardless of one’s views of the scenario, the opening comment that Krugman “isn’t bearish” is absurd. He’s forecast recession several times every year since 2001 and should, at this point, have no credibility.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism.html#comment-3730 Anonymous Wed, 06 Feb 2008 02:45:00 +0000 http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism-non-manufacturingemployment-edition/#comment-3730 Ill go Krugman one better with this link: http://finance.yahoo.com/q/bc?s=%5EHSI&t=1y&l=on&z=m&q=l&c=%5EGSPC<br/><br/>The valuations of stock markets in China and Japan are highly overvalued, by 20% and the S&P 500 for America is still well overvalued by at least 5% in contrast to a 10 year treasury yield! Between the overvaluation in stocks and the global housing market, the only conclusion is to take every chip as far away as from the casino as you can AND THEN HIDE YOUR CASH FOR SEVERAL YEARS!!!!! Ill go Krugman one better with this link: http://finance.yahoo.com/q/bc?s=%5EHSI&t=1y&l=on&z=m&q=l&c=%5EGSPC

The valuations of stock markets in China and Japan are highly overvalued, by 20% and the S&P 500 for America is still well overvalued by at least 5% in contrast to a 10 year treasury yield! Between the overvaluation in stocks and the global housing market, the only conclusion is to take every chip as far away as from the casino as you can AND THEN HIDE YOUR CASH FOR SEVERAL YEARS!!!!!

]]> By: Cheif Debt Officer http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism.html#comment-3729 Cheif Debt Officer Wed, 06 Feb 2008 02:42:00 +0000 http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism-non-manufacturingemployment-edition/#comment-3729 My office is located in Bay Area, CA and I have a nice view of Highway 101. What I've noticed this week is that the notorious traffic jam is GONE. I wouldn't get surprised even I heard that more than 10000 people lost job in this area last week. My office is located in Bay Area, CA and I have a nice view of Highway 101. What I’ve noticed this week is that the notorious traffic jam is GONE. I wouldn’t get surprised even I heard that more than 10000 people lost job in this area last week.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism.html#comment-3728 Anonymous Wed, 06 Feb 2008 00:06:00 +0000 http://www.nakedcapitalism.com/2008/02/another-scary-chart-from-krugman-ism-non-manufacturingemployment-edition/#comment-3728 eeeek! eeeek!

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