What Stories Aren’t Being Told?

I did not start blogging in order to start a media career, but sometimes the media finds its way to my door.? I received a call today from a reporter for one of the major television networks, and after talking a while, she asked me, “What big stories aren’t being told?? Some of my best stories some from asking this question.”? I told her I needed to think, and would e-mail her back on the topic.? I decided I would review my last month of posts to look for out-of-consensus ideas, and I came up with these:

  • China is overstimulating businesses through loans and they are buying up commodities that they don’t need now, leading to a possible correction in commodity prices.
  • Western European banks are in trouble because of loans to Eastern European nations denominated in Euros.? With the rise in the Euro, defaults are likely.
  • Water shortages in China and India.
  • Most entities that the US Government has bailed out will have stocks that are zero eventually — GM, Chrysler, AIG, and maybe Fannie Mae and Freddie Mac.? For an opposing opinion on the GSEs, read the intelligent John Hempton at Bronte Capital.
  • With dud residential mortgage loans, modifications don’t work well unless there is a forgiveness of some of the principal.
  • The foreign funding base of the US is getting shorter in maturity — could this be a sign of trouble?? Is there a lack of confidence?
  • If we marked the value of commercial real estate loans to market for banks, using data from the CMBS market, some banks would be insolvent.

That’s all for me, or now.? Now, I don’t watch television, listen to radio much, and I don’t subscribe to anything aside from the WSJ.? I don’t see everything.? That is why I am asking my clever readers to answer the question that the reporter asked me — what significant economic stories aren’t being told?? These can be small issues as well as big issues.? Please let me know in the comments below.? Thanks.

56 thoughts on “What Stories Aren’t Being Told?

  1. Mexico is collapsing- does anyone care?

    Many of our cities and towns are probably on the edge of insolvency- what is the “new normal” for municipal services going to look like?

  2. Scott from Oregon. you have picked up the most avoided story of all-

    Scott said-
    Misrepresenting what you sell is FRAUD. WHERE ARE ALL the indictments?

    Bags of trash with triple A ratings? That?s fraud.

    Expensive, whwite collar fraud that resulted in common folk losing their life savings?

    Where are all the indictments?????

  3. I think the big untold story is the fact that monopolies have taken over and that to get back to the American dream we need to engage in some trust-busting while at the same time reconciling the need to compete with huge (sometimes nationalized) foreign competitors.

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