Friday, February 19, 2010

Christopher Thornberg of Beacon Economics #162

This week Bruce is joined once again by Christopher Thornberg. Christopher is an expert in the study of regional economies, real estate dynamics, and business forecasting. In 2006, he co-founded Beacon Economics which is an economic research and consulting firm that specializes in real estate markets, local economic development, and public and private policy issues. Christopher has also been part of the Norris Group’s award-winning fundraising series, I Survived Real Estate.

Christopher and Bruce discuss the more on inflation, consumers and the idea of judges wiping out debt in cramdowns, the United States compared to Japan's economy, deflation potential in the United States (if any), GDP and the health of the Unites States, Bernanke and currently policy, employment numbers, excess and working through issues currently on the table, what would happen if the US re-adopted mark to market for banks, and of course, much more.

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