Comments on: As the Credit Crisis Deepens, There Are Still Many More Questions Than Answers http://www.moneymorning.com/2008/10/13/us-credit-crisis/ Investment News Provider Thu, 19 Nov 2009 15:36:16 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Searcher http://www.moneymorning.com/2008/10/13/us-credit-crisis/comment-page-1/#comment-10875 Searcher Mon, 13 Oct 2008 22:47:47 +0000 http://www.moneymorning.com/?p=2601#comment-10875 Many comments, not nesessarily current, reflect a damned if they do and a damned if they don't attitude. They certainly will be but what now? It does little good to quote and requote bumper sticker 'truths'. What investment posture other than fetal is appropriate now at these market levels? Many comments, not nesessarily current, reflect a damned if they do and a damned if they don’t attitude. They certainly will be but what now? It does little good to quote and requote bumper sticker ‘truths’. What investment posture other than fetal is appropriate now at these market levels?

]]> By: Mary Dolan http://www.moneymorning.com/2008/10/13/us-credit-crisis/comment-page-1/#comment-10868 Mary Dolan Mon, 13 Oct 2008 18:55:15 +0000 http://www.moneymorning.com/?p=2601#comment-10868 Your question as to why Bush, et al. do not point to the (obvious) benefits of lower prices is an important question and not just a rhetorical question. The answer is bound to be that the Administration does not want to praise a low-price environment even as it feverishly and very openly strives to achieve a high-price environment. The Admisnistration considers that a high-price environment is almost of life-or-death necessity. Your question as to why Bush, et al. do not point to the (obvious) benefits of lower prices is an important question and not just a rhetorical question. The answer is bound to be that the Administration does not want to praise a low-price environment even as it feverishly and very openly strives to achieve a high-price environment. The Admisnistration considers that a high-price environment is almost of life-or-death necessity.

]]> By: Rick R. Pelley http://www.moneymorning.com/2008/10/13/us-credit-crisis/comment-page-1/#comment-10842 Rick R. Pelley Mon, 13 Oct 2008 13:15:07 +0000 http://www.moneymorning.com/?p=2601#comment-10842 William, I have a question for you about the 8 trillion dollars, plus, of shareholder losses in light of your comments today with reference to mass redemptions in connection with hedge and mutual funds. That, by Friday’s open, this year’s losses as recorded by the Wilshire 5000, translated into a shareholder wealth loss of more than 8 trillion dollars, among other big losses on the Dow. My question, therefore, directly relates to the “liquidity” problem among bankers that central banks are now struggling to remedy. A question I’m sure many, amid this money crisis, think about, even if not asked. The question goes something like this: Is one man’s 8 trillion dollars “loss” not another man’s 8 trillion dollars “gain”? If so, where on earth does the man’s 8 trillion dollars “gain” go? Into thin air? Is it burnt somewhere out behind a barn? Rather, does not the 8 trillion dollars remain on “deposit” somewhere, thus available as a “vast” contribution to “liquidity”? For crying out loud, what’s all the fuss about? Do not money “losses” in one case, represent a flipside called “gains” someplace else? William, I have a question for you about the 8 trillion dollars, plus, of shareholder losses in light of your comments today with reference to mass redemptions in connection with hedge and mutual funds.

That, by Friday’s open, this year’s losses as recorded by the Wilshire 5000, translated into a shareholder wealth loss of more than 8 trillion dollars, among other big losses on the Dow.

My question, therefore, directly relates to the “liquidity” problem among bankers that central banks are now struggling to remedy.

A question I’m sure many, amid this money crisis, think about, even if not asked. The question goes something like this:

Is one man’s 8 trillion dollars “loss” not another man’s 8 trillion dollars “gain”? If so, where on earth does the man’s 8 trillion dollars “gain” go? Into thin air? Is it burnt somewhere out behind a barn?

Rather, does not the 8 trillion dollars remain on “deposit” somewhere, thus available as a “vast” contribution to “liquidity”?

For crying out loud, what’s all the fuss about?

Do not money “losses” in one case, represent a flipside called “gains” someplace else?

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