Tag: economics 101

Stuff I saved in my feed reader for the last ten days – 06/15/09

Technology

  • Uh…Twitter something. [Everyone]*
  • Let’s see…Facebook this and that? [Everyone]*
  • *Editor’s note: we’re now actively filtering out all news related to Twitter and Facebook for efficiency’s sake – the above mentioned groundbreaking highlights were garnered through inference.

    Finance

  • America: Now $8-to-$14 Trillion Poorer [Reason] – It’s very hard for some of us to feel any poorer, but by golly we’re trying.
  • Unemployment at 10% to Depress Consumer Spending, Survey Shows [Bloomberg] – To figure out how to get paid to do surveys that give the same result as that learned in Economics 101 is the real trick to survival.
  • Court Docs Reveal Govt. Likely Forced Chrysler Deal With Minimal Knowledge of Fiat [NewsBusters] – Heck, the government probably forced Merrill Lynch on Bank of America too, so quit the bitching.
  • Fly Fishing

  • England Takes World Fly Fishing Championships [MidCurrent] – Congratulations to Team England. And in other news, the PMs decided this was a good reason to buy all new gear for themselves and bill British taxpayers.
  • To Save Fish, Defeat Them Quickly [Fly Talk] – What the fast-action graphite wielding contingent knew all along.
  • Dress for success applies directly to fly-fishermen [Durango Herald] – Proving once and for all that looking good really does matter.
  • MG signing off (to clean out the rest)

    Short case for a soft landing

    While everyone frets about the latest jobs report, maybe there is a silver lining in those clouds…

    There is considerable softening in housing demand (as well as abundant inventory) in developed countries, meaning both shrinking need for raw materials there and some additional demand decline as a result of diminished perception of wealth.

    Could the world deflate it’s way out of a financial crisis? Don’t know, but at the minimum I’m having a harder time seeing a case for the continued price spirals we’ve become accustomed to.