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Sweden’s Boom Economy
While the US and the UK are contemplating double dip, the export oriented economy in Sweden seems to be doing quite well.
Links: 2010-08-16
Economics of Contempt: The Fed's Backup Plan(s) for Lehman FT Alphaville » Germany and the 90% threshhold Wireless Is Not Different. You Can’t Be Half-Open - Tech Crunch Japan Economy Surpassed by China as GDP Is Less Than…
The Big Interview with David Rosenberg
Below is a very good and nearly unfiltered 30-minute session with David Rosenberg of Gluskin Sheff. He speaks with the Wall Street Journal's Kelly Evans in the weekly "Big Interview" feature, a format I really like. I have…
On Economic Boom in India and other links
Here are today's links including a bunch of articles from the past week that I missed. The two most interesting are on India. Topic of the Day: India The world falters, India booms-T T Ram Mohan-Columnists-Opinion-The Economic Times…
Links: 2010-08-14
Obama defends "Ground Zero mosque" - Glenn Greenwald - Salon.com FT.com / Capital Markets - Sales of junk bonds set to reach new high Goldman CEO, others get millions from options| Reuters London: Teuerste Wohnung der…
Why Is Money?
By Annaly Capital Management Back in June we wondered out loud, “What is a dollar?” That exercise—as well as the recent schizophrenic behavior of the currency market and the lamentations regarding the Fed’s “printing press”—has led us to…
Random Shots
It has been a while since I have had a round of these and in the current macro/market environment I thought it an excellent occasion to take some pot-shots at the market discourse. So, read on if you want to see what it looks like when I am…
The ‘Flations
Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). The incessant debate of whether the economy is inflating or deflating…
Hiding Bank Losses
In a recent post on the money multiplier, a reader Luis Enrique asked about bank lending and capital constraints. Anecdotally, much of the reduction in credit is supply-constrained as well as demand-constrained. That means it's a matter of…
Taiwanese Animation: How JetBlue flight attendant made an emergency getaway
This is another hilarious animation mock-up from NMA World.