Saturday, March 31, 2007

The Bonddad Blog: Two Really Important Points From Barron's

The Bonddad Blog: Two Really Important Points From Barron's

There are two points that I find fascinating. First, his 2nd point:

So far this decade, nominal gross domestic product has risen at a 5.1% pace, while outstanding credit-market debt is increasing at 8.4%, notes Punk Ziegel analyst Richard Bove.


And secondly, the comment left by "ndd":

[T]he perfectly casual, matter-of-fact mention of similarities to 1929 in a conservative financial publication.

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