News from around the web: 2009-10-14
Too many tourists like in Machu Pichu
Is Facebook winning? I am skeptical.
A Dutch bank run. More later.
Enterprise value of print franchises is plummeting
What not to do on twitter
Most are non-plussed about the meltdown in Latvia
Nagging concerns in Asia despite recovery
Even after controlling for pre-retirement health
Visuospatial decline may be a warning sign
Are US banks retreating from London?
Questions about buy and hold and equities over bonds.
MoDo goes for hilarious on the peace prize.
The Irish have serious fiscal problems, no monetary spigot.
“We’re going to treat them the way we would treat an opponent.”
On QE versus monetization.
This is free. And it does the job too.
Distraction of the Day: Dyson no longer sucks, it blows
(I was a Dyson hater a few years back because the man was everywhere. But, he has grown on me).
Swedish Deflation Accelerates
Consumer prices rose by 0.3 % in September compared to the previous month according to SCB. Compared to September 2008 the Swedish Consumer Price Index dropped 1.6%, meaning deflation, compared with a drop of 0.8% in August. The Krona weakened initially on release of these figures but soon regained ground.
…
From Dagens Industri:
Prisfallet tilltar
https://di.se/Nyheter/?page=/Artiklar/Prisfallet_tilltar.aspx%3FArticleID%3D20091013356635%26words%3Dinflation%26SectionID%3DEttan%26menusection%3DStartsidan%3BHuvudnyheter
(Let me know if you want a full translation of the article.)
It seems to me as though I am back in Middle School, behind the “Loo’s” (as the ‘English call the ‘restrooms’), watching ….. You got it, a fight! Not between adults, but a bunch of kids, one of whom was usually the School Bully, with a bunch of bunch of little girls shreeking, “hit him, hit him” … Typically while the poor kid with glasses is down on the ground!
Will the “grown-up’s” please stand up??
As Bonnie Tyler sings so beautifully, “I need a
Hero” …. Please won’t somebody stand up and take charge!
s it too much to ask for the government to govern?