tag:blogger.com,1999:blog-2761684730989137546.post540150068016421487..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: PIMCO sees slow global growth in 2012mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-9936882752850310142011-12-22T13:34:50.818-05:002011-12-22T13:34:50.818-05:00"…slowly creeping but surely rising risks of ..."…slowly creeping but surely rising risks of financial and economic de-globalization, and the constant drum beat of re-regulation, particularly in developed country banking systems."<br /><br />This doesn't sound to me like he's on the right track, unless I am mis-readingpaul melihttps://www.blogger.com/profile/04604543110795683837noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-83776164099544725142011-12-22T12:55:33.641-05:002011-12-22T12:55:33.641-05:00It's a pretty good post, Matt, other than a sl...It's a pretty good post, Matt, other than a slip or two, e.g, about rising US public debt. But on the whole, pretty savvy. Maybe McCulley had an influence at PIMCO. Seems like the author is "new blood."Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-78962119392987643142011-12-22T12:51:17.978-05:002011-12-22T12:51:17.978-05:00Tom,
I think PIMCO's McCulley, now retired, c...Tom,<br /><br />I think PIMCO's McCulley, now retired, coined the term "Minsky Moment" itself, so this guy may be picking up where McCulley left off.<br /><br />Our economic lives are simply reduced to a periodic series of chaotic "Minsky Moments" if we do not take proactive counter cyclical measures with fiscal policy.<br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.com