Q3 data shows that personal consumption spending, (inflation adjusted) fell at an annual rate of 2.7% — the biggest fall since Q2...
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I have been meaning to get to these two links: They are the huge overviews of the Credit, Housing and Wall Street Crises via the NYT and...
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PBS NEWS HOUR Interview with Nassim Nicholas Taleb, famous economist and author of “The Black Swan” and Dr. Mandelbrot,...
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The bubble has burst; the era of sunny-side up capitalism is over. Washington may resuscitate the credit market, but will U.S. politics...
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Some interesting Friday links: After Citi, is Bank of America next? (Reuters) A government rescue plan has eased investors’...
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Nice mention of the book today in David Brook’s NYT Op Ed piece: “Over the past year, the federal government has poured money...
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Friday flame bait: Has ever a more pedantic, tedious tome been penned by any theorist before or since Atlas Shrugged? The odious...
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How can we have a merry Christmas when the economy is in shambles? WSJ’s Brett Arends of and Dow Jones Newswires’ Simon...
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Ken Goldstein, a Conference Board senior economist, says consumer spending is set for a sharp decline this holiday season, and the...
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