Shalom Hamou

Job Title: 
Chief Economist
Favorite Quote: 
"Is the fulfilment of these ideas a visionary hope? Have they insufficient roots in the motives which govern the evolution of political society? Are the interests which they will thwart stronger and more obvious than those which they will serve? I do not attempt an answer in this place. It would need a volume of a different character from this one to indicate even in outlinethe practical measures in which they might be gradually clothed. But if the ideas are correct—an hypothesis on which the author himself must necessarily base what he writes—it would be a mistake, I predict, to dispute their potency over a period of time. At the present moment people are unusually expectant of a more fundamental diagnosis; more particularly ready to receive it; eager to try it out, if it should be even plausible. But apart from this contemporary mood, the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back. Emperors and armies come and go; but unless they leave new ideas in their wake, they are of passing historic consequence. I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas. Not, indeed, immediately, but after a certain interval; for in the field of economic and political philosophy there are not many who are influenced by new theories after they are twenty-five or thirty years of age, so that the ideas which civil servants and politicians and even agitators apply to current events are not likely to be the newest. But, soon or late, it is ideas, not vested interests, which are dangerous for good or evil."

John Maynard Keynes, 1st Baron Keynes of Tilton Z"L

Tel Aviv, Ramat Aviv, Israel

I am the youngest economist at My Yield Curve.

Since spring of 1994 I have been working on economic depressions.

I am writing The Tract Pro Bono.

It explains the nature and causes of economic depressions.

After a period of Irrational Exhuberance, which will inflate the Mother of All Asset Price Bubbles, we will have a Keynes' Liquidity Trap, The Crash and The Deep Depression.

The Crash will take place on September 18th, 2009 4:11 PM EST for Eid ul-Fitr and Rosh Hashana.

There is plausible alternative to The Deep Depression, The Adjusted Credit Free, Free Market Economy.

I designed a system, F**k the Fed, by which our economy can gather momentum for a successful and quick implementation after The Crash.

I have an MBA from Boston University ,USA, an Engineering Diploma from Ecole Centrale de Lyon France, a degree in Computer Engineer from Sivan Marchevim, Israel.

I have worked as a bond trader in Paris, France and as a NIP (Local) on the Paris MATIF.

My Yield Curve:

We prepare the implementation of the Adjusted Credit Free, Free Market Economy.