Articles tagged with: economy
Observations »
My friend sent me a funny link about CNBC that brought forward a few thoughts about assets. What I am about to write you can and should safely ignore as it is likely to have little to no impact on your life. If you know me, you already know I don’t know anything and carry my cross like everyone else in the world. If you don’t even know me, how can you take what I say as anything of value, anything to use as basis for even a simple decision…
Thoughts »
After years of focusing on nano-economics (too small to call it micro) of my little family, I went on a pleasant trip down the macro-economics lane today. At the end of it I realized that I must have slept through the undergraduate class on Federal Reserve monetizing the nation’s debt because I was “surprised” to see almost a trillion dollars of Treasury obligations on the asset side of the Fed’s balance sheet…
Words »
I bought a house for $150,000 eight years ago and had a loan of $120,000. The value of my house increased to $350,000. I took advantage of the situation and refinanced, being a conservative person, only borrowing $280,000 at a favorable 5.5% rate fixed for 30 years paying $1,600 per month for the mortgage and another $400 per month for real estate taxes and insurance…
Observations »
U.S. Treasury Secretary Timothy Geithner yesterday unveiled thoughts to improve the US economic situation. The market gave its mark to his appearances but I wanted to share a couple of my thoughts from software development perspective.
No significant software is ever created overnight. The first release takes an enormous amount of effort….
Experiences »
A few years ago, my wife implemented a weekly program of getting over a dozen books from the library for the nightly reading with our children. Periodically, she gets a Dr. Seuss book or two which are truly enjoyable.
Past Sunday, we went with our son to a musical called the Seussical at the Wheelock Family Theatre which brought together many of his stories into a very nice performance…
