Legion,
You have a very good point about the Greek debt levels. However, you should be careful saying our own debts are “unsustainable.” What is unsustainable? At what point ratio (Debt to GDP) is there an adverse effect on the economy?
“Whoa Wasder, you never comment on my analysis – BID price impact on commercial rents on Fulton St!”
This is not a subject about which I have much knowledge What and I try to refrain from commenting about things that I don’t know about. I am sure rents have gone up since the advent of the BID, but I don’t know by how much. My assumption is that the improvements in the physical condition of the street and sidewalks will encourage pedestrian traffic to the point that it will outweigh the rent increase but that remains to be seen
My question to you is this: if Fulton Street is such a s**thole, why are you so opposed to it changing?
That’s 0.3% of our GDP to maintain the economic health of a major partner in the world economy. Does that sound so rough?
tyburg,
what was Greece’s percentage over their GDP?
Put it this way,
you can lift a 100 ton stone to the top of a hill,
and all it will require at some point is one ounce
of additional pressure to have it roll all the way down
the other side.
The What,
I hear what you’re saying,
we’re printing the money to bail ourselves out,
then we’re printing more to bail the EU out,
then we’re printing more to pay to China
at some point the Printer’s Union will be striking!
“The BID has had made a noticeable improvement to the immediate area around my house by creating a cleaner and more pedestrian friendly Fulton Street and I am grateful for that.”
Whoa Wasder, you never comment on my analysis – BID price impact on commercial rents on Fulton St!
Yeah you see a benefit but, why business must pay to keep you home prices up!
Let the local homeowners chip in then you can talk smack!
Fulton St is a ********ing Dump! Trying to polish a turd!
Demolition guys brag about their wreck life
Legion,
You have a very good point about the Greek debt levels. However, you should be careful saying our own debts are “unsustainable.” What is unsustainable? At what point ratio (Debt to GDP) is there an adverse effect on the economy?
Here’s an interesting article from The Economist at the end of March. http://www.economist.com/business-finance/displaystory.cfm?story_id=15819148
“A popular rule of thumb for a “safe†level of government debt in a rich economy is 60% of GDP.” The article questions this…
People at Apple brag about their tech life.
Oh Dave the other side of the coin is Bond obligations!
The Muni Bond Market will have to take Haircut too!
Severe Anal pain in 5.. 4.. 3… 2… 1….
The What
Someday this war is gonna end..
“Whoa Wasder, you never comment on my analysis – BID price impact on commercial rents on Fulton St!”
This is not a subject about which I have much knowledge What and I try to refrain from commenting about things that I don’t know about. I am sure rents have gone up since the advent of the BID, but I don’t know by how much. My assumption is that the improvements in the physical condition of the street and sidewalks will encourage pedestrian traffic to the point that it will outweigh the rent increase but that remains to be seen
My question to you is this: if Fulton Street is such a s**thole, why are you so opposed to it changing?
“Question for the What: What is a credit sprocket?”
Printing Money and spreading out! DEFLATION is very very bad!
The What
Someday this war is gonna end..
By tybur6 on May 13, 2010 2:06 PM
Legion,
That’s 0.3% of our GDP to maintain the economic health of a major partner in the world economy. Does that sound so rough?
tyburg,
what was Greece’s percentage over their GDP?
Put it this way,
you can lift a 100 ton stone to the top of a hill,
and all it will require at some point is one ounce
of additional pressure to have it roll all the way down
the other side.
The What,
I hear what you’re saying,
we’re printing the money to bail ourselves out,
then we’re printing more to bail the EU out,
then we’re printing more to pay to China
at some point the Printer’s Union will be striking!
“The BID has had made a noticeable improvement to the immediate area around my house by creating a cleaner and more pedestrian friendly Fulton Street and I am grateful for that.”
Whoa Wasder, you never comment on my analysis – BID price impact on commercial rents on Fulton St!
Yeah you see a benefit but, why business must pay to keep you home prices up!
Let the local homeowners chip in then you can talk smack!
Fulton St is a ********ing Dump! Trying to polish a turd!
The What
Someday this war is gonna end..
People in Texas brag about their ‘Aw heck’ life.