NP - Structural w/ Austerity or Demand-Lack w/ Stimulus?

[Mark Kohut]

Ben, how's them latest negative inflation numbers treating you?---FakePaulKrugman


From: David Morris <fqmorris at gmail.com>
To: Erik T. Burns <eburns at gmail.com> 
Cc: "owner-pynchon-l at waste.org" <owner-pynchon-l at waste.org>; Charles Albert <cfalbert at gmail.com>; PaulMackin <mackin.paul at verizon.net>; "pynchon-l at waste.org" <pynchon-l at waste.org> 
Sent: Friday, May 11, 2012 4:41 PM
Subject: Re: NP - Structural w/ Austerity or Demand-Lack w/ Stimulus?

BTW, my bad, I meant the roof over JP Morgan, ya know?  The company
that just reported this structural fubar (ya wanna talk about
structure?):

On a conference call with analysts, JP Morgan CEO Jamie Dimon
announced that his firm had lost $2 billion investing in the same
species of derivative that exacerbated the 2008 financial crisis.


On Fri, May 11, 2012 at 3:20 PM, David Morris <fqmorris at gmail.com> wrote:
> At least you got that one.
>
> On Fri, May 11, 2012 at 3:16 PM, Erik T. Burns <eburns at gmail.com> wrote:
>> Sorry to disappoint.
>>
>>
>>
>> On May 11, 2012, at 9:07 PM, David Morris <fqmorris at gmail.com> wrote:
>>
>>> You must be a genuine Genius.
>>>
>>> On Fri, May 11, 2012 at 3:03 PM, Erik T. Burns <eburns at gmail.com> wrote:
>>>>
>>>>
>>>> The roof is a metaphor.
>>>>
>>>> On May 11, 2012, at 9:01 PM, David Morris <fqmorris at gmail.com> wrote:
>>>>
>>>>> Do you mean the roof keeping Goldman Sachs high and dry?
>>>>>
>>>>> On Fri, May 11, 2012 at 2:53 PM,  <eburns at gmail.com> wrote:
>>>>>> The argument is between papering over cracks in the ceiling and then doing it again (and over and over) every time it rains, or ripping the roof off and putting up a new one.
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