Readings 02/17/09
- State Budget Troubles Worsen (CBPP)
- California to notify 20,000 state workers today that their jobs may be eliminated (Reuters)
- Good analysis of the CBO analysis of the final stimulus bill, including the point that as a percentage of GDP it is relatively modest (Econbrowser)
- China record loans diverted to stocks? (Bloomberg)
- Useful new BoE review of world financial markets (BoE)
- The World Still Lines Up for Treasurys (WSJ)
- Profits' Return to Normalcy Seems Far Off (WSJ)
- Economy Strains Under Weight of Unsold Items (WashingtonPost)
- Singapore Airlines sees passenger traffic decline the most in five years (Bloomberg)
- FT policy change makes maverick economist Willem Buiter call of the column-writing thing (FT)
- Some think this video proves Japanese finance minister was drunk at G-7 ministerial meetings (YouTube)
- China's FDI tails off for 4th month (Shanghai Daily)
- Bolivia pays a high price for former nationalization (FT)
- Poland faces major dilemma as its currency tumbles (WSJ)
- No let-up in supply of bulkers for demolition (Lloydslist)
- Economic Indexes Show Signs of a Slowing Decline (NYTimes)
- World Yen flood coming (Gregor.us)
- Major FX Dislocation in Progress Tonight? (Bogleheads)
- Coffee shortage squeezing hedge funds and Starbucks alike (Bloomberg)
- Foreclosure photo is world press photo of 2008 (Zillow)