Tag Archives: Rick Santelli

The “Dusenberry Effect” In The U.S. Economy

Just saw this chart on Zero Hedge yesterday, which takes me back to the days of graduate school and an unfinished Ph.D. dissertation. One part of the “Dusenberry Effect” basically states that consumers do not give up their consumption patterns … Continue reading

Posted in Economics, Uncategorized | Tagged , , | 8 Comments

The Power of Rick Santelli

Wonder if the Great Santelli ever thought he’d have this much power.  His rant on the floor of the CME in February 2009 is widely recognized as giving birth to the Tea Party movement.   Hat tip, John Porter! (click … Continue reading

Posted in Black Swan Watch, Politics | Tagged , | 1 Comment