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Intriguing
Jan 5, 2009
One of the weekly newsletters I get and enjoy is by the financial advisor John Maudlin. In his latest newsletter he relays a conversation he had...
More deflationary pressure
Dec 23, 2008
Deflation is still a fear, but the downward price pressure is growing. David Rosenberg, economist at Merrill Lynch, highlights changes in the labor...
Scary figure of the week
Dec 23, 2008
Here are some scary numbers, courtesy of David Rosenberg, economist at Merrill Lynch:...
How scared is the Fed?
Dec 16, 2008
How scared is the Fed that the economy has fallen off a cliff? It seems very, very scared by lowering its benchmark interest rate to between 0% and...
Deflationary pressures increase
Dec 12, 2008
The producer price index (PPI) for finished goods fell by 2.2% in November, according to the Labor Department. That follows the record drop of 2.8%...
Good advice from Krugman
Dec 10, 2008
From Paul Krugman's Nobel lecture. Good advice for anyone trying to think through a problem:...
The bailout, again
Dec 9, 2008
Why are we bailing out the auto companies? Why not just bailout the workers? In other words, lets take the money and give it to the workers. They...
For public good, not for profit.
Bailout a private equity behemoth?
Dec 9, 2008
Is the U.S. taxpayer really going to bail out an investment by one of the leading private equity firms? The very politically connected private...
The great depression
Dec 8, 2008
Ben Bernanke is one of the truly great scholars of the Great Depression. Bernanke doing a terrific job fighting the great depression of the 1930s....