Greg Mankiw's Blog: Accountability?

Greg Mankiw's Blog: Accountability?
So what did that 1 trillion dollars buy? Not much.

Table A-12. Alternative measures of labor underutilization

Table A-12. Alternative measures of labor underutilization

Just ugly numbers, we pushed above 17% on U6. While U3 looks to be holding that is really bad, as workers out of a job over 12 months are dropping from that record. Which means we are seeing continued job losses. Also troubling Government moved to the negative. Guess that stimulus is not working so well.

The recession is over but the depression has just begun « naked capitalism

The recession is over but the depression has just begun « naked capitalism
Has anyone else noticted the turn to dark again? Or is just me.

Option ARMs in Financial Pain: 900,000 Mortgages and 1 out of 4 either Seriously Delinquent or in Foreclosure. OCC and OTS Report Shows Foreclosures Still Growing.

Option ARMs in Financial Pain: 900,000 Mortgages and 1 out of 4 either Seriously Delinquent or in Foreclosure. OCC and OTS Report Shows Foreclosures Still Growing.

Wow are we about to repeat last year. Cause it looks like a lot of pain in the pipes.

Banks Have Us Flying Blind on Depth of Losses: Jonathan Weil - Bloomberg.com

Banks Have Us Flying Blind on Depth of Losses: Jonathan Weil - Bloomberg.com
Till we stop lying we will not where the end is. It is time to stop acting like Japan and start acting like the US. Creative destruction now.

Spain’s Manufacturing Contraction Accelerates in September

Spain’s Manufacturing Contraction Accelerates in September afoe A Fistful of Euros European Opinion
Spain is in big troubles. Things continue to decline and if it the suffer a major crisis we could be looking at major test of the Euro and the European union.

Roving Bandit: Why Migration Matters for Development

Roving Bandit: Why Migration Matters for Development
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Always funny and on point. I love this blog from the Sudan. Right on point with this one. Think about it and let me know.

USO’s Valuation Drift

USO’s Valuation Drift
Why USO is not for you.

FDIC Paints Terrifying Picture Of Bank Health

FDIC Paints Terrifying Picture Of Bank Health

Hello Everyone! I am back after two weeks in Mexico!