Fri 2009-01-16 00:00 EST
Mish's Global Economic Trend Analysis: Auto Sales Collapse, GM At 49 Year Low
49-year low; Auto Sales Collapse; GM; Mish's Global Economic Trend Analysis.
Fri 2009-01-16 00:00 EST
China's inflation-free route from crisis, by Henry C. K. Liu; ``China produces from plants financed by foreign investment that operate with low domestic wages for foreign markets that pay with dollars that cannot be used in the domestic economy...China must finance plants with sovereign credit to produce for the domestic market where consumer purchasing power will come from high wages, with sovereign credit repaid from increased tax revenue from a vibrant domestic economy.''
Asia Times Online; China Business News; China News; Hong Kong; TAIWAN.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Too Big to Fail, Too Well-Connected to Jail: The Economic Underworld of Bankruptcy for Profit; ``Bankruptcy for profit will occur if poor accounting, lax regulation, or low penalties for abuse give owners an incentive to pay themselves more than their firms are worth and then default on their debt obligations.'' Akerlof and Romer; Yves Smith
bankruptcy; big; Economic Underworld; fail; jailed; Jesse's Café Américain; profits; well connections.
Tue 2009-01-06 00:00 EST
The bubble in low-quality stocks is the third to deflate, by William Hester
Mon 2008-12-15 00:00 EST
``Bear markets tend to experience a series of separate lows on what I'd call recognition, fear, and revulsion.''
2008; December 15; fears; Hussman Funds; recognition; revulsion; weekly market comments.
Sun 2008-11-23 00:00 EST
ten rare lectures featured in "The Rediscovered Benjamin Graham: Selected Writings of the Wall Street Legend", by Janet Lowe
Fri 2008-11-07 00:00 EST
(1994); ``Bankruptcy for profit will occur if poor accounting, lax regulation, or low penalties for abuse give owners an incentive to pay themselves more than their firms are worth and then default on their debt obligations.''
bankruptcy; Economic Underworld; George Akerlof; Paul Romer; profits; SSRN-Looting.
Tue 2008-10-07 00:00 EDT
(Washington Post); ``Low interest rates, easy money and malleable accounting rules are what plunged Wall Street into crisis. Yet it is low interest rates, easy money and malleable accounting rules that top the list of federal fixes''
Tue 2008-10-07 00:00 EDT
Fri 2008-06-27 00:00 EDT
"Destruction of credit via massive writedowns..., accompanied by sharply rising unemployment rates, falling wages, and curtailment in credit lines everywhere is simply not an inflationary environment"; "ery likely new all time lows in the 10-year treasury yield and 30-year long bond are coming up"
Tue 2008-06-03 00:00 EDT
"ed has basically traded in high quality instruments, US treasuries, for low quality instruments that the market doesn't want at all"
Sun 2007-09-09 00:00 EDT
Thu 2007-08-16 00:00 EDT
The Economic Upside To Lead Paint and Tainted Food? Value! by Hunter; Erin Burnett, Walmart, China; always low prices
Daily Kos; Economic Upside; lead paint; tainted food; valued.
Tue 2007-01-23 00:00 EST
by Matt Taibbi (Iran big winner in Iraq, thanks to Bush)
Ahmadinejad; checkmate; low posted; Rolling Stone; W; World Loses Big.