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	<title>
	Comments on: I&#8217;m Sorry	</title>
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	<link>https://norunnyeggs.com/2009/05/im-sorry/</link>
	<description>The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger).  The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.</description>
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		<title>
		By: Shoebox		</title>
		<link>https://norunnyeggs.com/2009/05/im-sorry/comment-page-1/#comment-37386</link>

		<dc:creator><![CDATA[Shoebox]]></dc:creator>
		<pubDate>Tue, 26 May 2009 13:57:40 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://norunnyeggs.com/2009/05/im-sorry/comment-page-1/#comment-37385&quot;&gt;steveegg&lt;/a&gt;.

Yes on both points.  When the optimistic forcast blows way past the &quot;budget&quot; you don&#039;t even want to consider the other data points.  As to the debt, while debt placement is increasing it is still way below &quot;normal&quot; levels.  When it returns to that level and has to compete with the government needs it will make Jimmy Carter&#039;s 18% home mortgages something to be hoped for.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://norunnyeggs.com/2009/05/im-sorry/comment-page-1/#comment-37385">steveegg</a>.</p>
<p>Yes on both points.  When the optimistic forcast blows way past the &#8220;budget&#8221; you don&#8217;t even want to consider the other data points.  As to the debt, while debt placement is increasing it is still way below &#8220;normal&#8221; levels.  When it returns to that level and has to compete with the government needs it will make Jimmy Carter&#8217;s 18% home mortgages something to be hoped for.</p>
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		<title>
		By: steveegg		</title>
		<link>https://norunnyeggs.com/2009/05/im-sorry/comment-page-1/#comment-37385</link>

		<dc:creator><![CDATA[steveegg]]></dc:creator>
		<pubDate>Tue, 26 May 2009 13:51:53 +0000</pubDate>
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					<description><![CDATA[Worse, the median unemployment forecasts put the peak at somewhere north of 10%.

The increase in debt for private business is a bit limited.  I pointed out last week that a lot of funds, both private &quot;hedge&quot; and public trust, are avoiding companies that are either under the thumb of TARP or with significant unfunded liabilities.

Hyper-inflation, here we come.]]></description>
			<content:encoded><![CDATA[<p>Worse, the median unemployment forecasts put the peak at somewhere north of 10%.</p>
<p>The increase in debt for private business is a bit limited.  I pointed out last week that a lot of funds, both private &#8220;hedge&#8221; and public trust, are avoiding companies that are either under the thumb of TARP or with significant unfunded liabilities.</p>
<p>Hyper-inflation, here we come.</p>
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