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Saturday, 22 July 2006
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Oil Prices are Double-Edged Sword; Peak Everything?
Jeff Rubin, former Chief Economist at CIBC World Markets for twenty years, explains Soaring Oil Prices A Double-Edged Sword in the Middle Ea...
Geithner's Galling (and Dangerous) Plan For Bad Bank Assets
The long awaited details of Geithner's "plan" for dealing with bad bank assets is finally out. Githener's plan is disingen...
Irish Citizens Sold Down the River in "Firepower of Stupidity"
Today the Irish Government sold its citizens into debt slavery by agreeing to guarantee stupid loans made by German, British, and US banks. ...
China PMI Shows Modest Improvement
The HSBC China Manufacturing PMI shows Modest improvement in operating conditions. After adjusting for seasonal factors, the HSBC Purchasin...
Krugman vs. Greenspan on "That �30s Feeling"; Calculated Risk Sides with Krugman, I Side with Greenspan
Courtesy of Calculated Risk here are a pair of articles, one from Krugman and another from Greenspan on the limits of debt. That �30s Feeli...
Roubini Ponders the "L-Shaped Recession"
Nouriel Roubini appears to be sticking with his "U-Shaped Recession" call, at least for now. However, his stance seems much more c...
BLS Seasonal Adjustments Gone Haywire; 11% Unemployment Coming by May?
Over the weekend I received an email from Irishscot2 , a poster on MarketWatch, regarding seasonal adjustments to the unemployment rate. Hi ...
New Auto Prices Fall At Record Rate
The LA Times is reporting New auto prices are falling at a record rate . The average cost of a new vehicle in the second quarter was $25,632...
"Destitute Index"
In response to Reflections on the "Recovery" reader "Thomas" has an interesting question regarding U6 unemployment that...
Bernanke Guilty of Coercion and Market Manipulation
In April in Let the Criminal Indictments Begin: Paulson, Bernanke, Lewis I made the case that BAC chairman Lewis was guilty of fraud and Pa...
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Lights Out in Georgia
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We're Partying Like it's June 29
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