The Flinchum File
Thoughtful Economic Analysis and Existential Opinions

Dr. Bernanke: STAT

11/21/2009

While data about our economic health has been improving rather consistently since the Crash of 2008, I’ve become very concerned that the patient might suffer an unexpected heart attack. The problem now is the same as the problem then. We still have not figured out how to intelligently regulate derivatives, which Warren Buffett described as … Continue reading Dr. Bernanke: STAT

Why did we send in the clowns?

11/14/2009

Late last year, a client wisely predicted that China would emerge from the crisis before the U.S. His reasoning was interesting. He thought that great problems require great decisions, but that the U.S cannot make great decisions like China, which is governed by engineers, while the U.S. is governed by lawyers. I’ve thought about this … Continue reading Why did we send in the clowns?

But, what is the recipe?

11/12/2009

Today, I listened to one of my favorite thought leaders, John Mauldin of Dallas, author of Bull’s Eye Investing. He spoke of the difficult state of the U.S. economy and the few but painful choices we have: 1. The Argentine Solution – induce hyper-inflation to “inflate away” the huge indebtedness of our country. He gave … Continue reading But, what is the recipe?

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