What is this? Some kind of joke? No, it’s America’s Secretary of the Treasury, Mr. Timothy Geithner.

The Japanese-style correction is still underway. Consumers are careful about spending because they fear they might not have jobs. Employers are careful about hiring because they fear they might not have revenue.

Could the US economy experience Japanese-style deflation within the next several years?

There are some very smart people who believe inflation rates are going up – soon.

The thing economists said was nearly impossible actually happened last week.

Wall Street is still in bull mode. Can you make money by joining it? Maybe. Is it worth it? Probably not.

Everyone is doing the right thing. Households are reducing spending. Business is reducing its costs. GDP growth is falling and investors are taking shelter in Treasury debt. So what’s the problem?

There are those who believe we have a recovery, though weak, that will continue and eventually bring the economy back to health. Then, there are those who think the recovery will not come as planned.

Thousands were employed to regulate, control, protect and administer the public weal.  Millions more were able to malinger and leech.

Tightening seems like the right thing to do. It is the right thing to do. But it results in bigger deficits. How could that be?