February 6, 2009
Is the Chart That Changed the World (tm) wrong? There is a new report out from CSFB arguing that the famous chart showing debt/GDP in the U.S. over the last 100 years is incorrect. Here is the original debt/GDP chart:...
Good comment on a Tyler Cowen post at Marginal Revolution wherein Cowen unearths an ancient Keynes letter providing some support for tax cuts. More fuel for my take that skepticism-verging-on-nihilism is the right answer when faced by economists splitting along...
Interesting to see Citi making it easier for ex-pats to remit monies back to home countries. Leaving aside the issue of remittances’ effect on the U.S., it’s interesting to look at the top countries worldwide by remittance income total, and...
I apparently need to get out more, or stay in more, or something, as I had never seen this Discovery Channel advertisement before. Very nice....
Good chart from Bob Hall showing how employment losses in the current Great Recession has crossed over the adjusted loss curve from the recession of 1981-82. One more month, boys and girls, and we’ll have ourselves a post-Depression winner. More...
The euthanasia of the rentier continues: Harvard Endowment to Cut 25% of Staff The Harvard endowment, stung by declines of more than 20% in recent months, says it will eliminate a quarter of its staff, or about 50 jobs, over...
This is apropos of pretty much nothing at all, but for a presentation I was working just now I tried to put in context the current total of 2.5-million U.S. layoffs and job losses. So … making a host...
With the new Madoff client data release, the cottage industry in Madoff mashups is growing rapidly. In addition to the search engine and map I linked to earlier, we have the following all-in-one combination of maps and search. Check it...
This is silly, but sort of cute: A Madoff losses search engine, complete with “I’m not feeling lucky” button....
The OECD’s latest composite leadings indicators remain unhappy things. And I know, I know, they don’t matter because they are lagging/stupid/produced-by-government/European/etc. And while I’m on it, the latest consumer sentiment indicators from those same evil European OECD sorts are worth...
Output, prices and profits -- the vortex (Morgan Stanley) Visual Representation of Madoff Accounts (Zero Hedge) S&P 500 Dividends Projected to Decline 13.3% in 2009; Worst Annual Decline Since World War II (S&P) Marc Faber pushes big tech as...
