Zombie Lie
zombie lie n. A false statement that keeps getting repeated no matter how often it has been refuted. –Wordspy ~~~ Example...
Import prices continue to spike
Thanks to the weak US$, rising commodity prices and growing wage inflation in China, April import prices rose 2.2% m/o/m and are now up...
Housing Roller Coaster
John Sherffius has this terrific depiction of the next leg down in housing. (Sherffius contributed cartoons and did the cover of Bailout...
Does Unreal GDP Drive Our Policy Choices?
Does Unreal GDP Drive Our Policy Choices? By John Mauldin May 8, 2011 > I am back from Rob Arnott’s conference in Laguna Beach, and...
A lot of cooks in this kitchen
With so many cooks now in the Greek kitchen, the howls against a debt restructuring got more pointed today. “Default or debt...
GS: $100 Billion Rout in Commodities “Only Temporary”
A technical break in oil and silver, increased margin requirements by the CME, and a fast exit by speculators have combined to whack the...
Rail vs Air: Which Gets More Government Subsidies?
This morning, Becky Quick tweeted: Transportation Sec. LaHood points out Amtrak made money last year. But it’s needed $30b in...
Monday Reading List
Some interesting reads for Monday: • How to Make Money in Microseconds (LRB) • This fact may not sit well: Americans are...
Why is Healthcare Absurdly Expensive in USA (Part 2)
We looked at Part I this question last month ; here is Part II: Via: Medical Billing and Coding via Business Pundit