Monthly Archives: July 2010

Clockwise Spirals – Krugman – Why are deflationistas like me worried about the possibility of deflation? In a word, history. Back when I learned macroeconomics — this was when dinosaurs roamed the earth, we performed simulations using stone axes, and students … Continue reading →

Gulf Officials Optimistic That Cement Will Kill Well -Engineers for the company are preparing to pump heavy drilling mud and then cement into the Macondo well early this week, potentially killing it for good — or at least offering critical clues … Continue reading →

Existing Homes: Double Digit Months-of-Supply Watch – How the NAR calculates existing home inventory is a bit of a mystery. However housing economist Tom Lawler has been tracking inventory several different ways. For July, Lawler reports listings totaled 4,038,133, up about … Continue reading →

http://thenewmortgagecompany.files.wordpress.com/2010/07/10-key-charts-price-global-housing-bubble-by-housingstory-net-2.jpg Weak Labor Cost Data Darken Consumer Outlook – To get a handle on the outlook for the recovery, look past Friday’s gross domestic product report and focus on a report released at the same time: the employment cost index for … Continue reading →

European banks: More stress ahead | The Economist – Whatever the merits of their recent stress tests, that ongoing flaw explains why Europe’s banks may still battle to finance themselves. Some firms are still being stigmatised, and have to borrow from … Continue reading →

http://www.deptofnumbers.com/blog/   Warming, phytoplankton, and climate denialism – No doubt neither the latest climate report – the past decade was the warmest on record, and every indicator is moving in the direction predicted by analysis of anthropogenic global warming – nor … Continue reading →

5retweet GDP Growth Charts via EconomPic EconomPic: Great Recession was Worse than Thought EconomPic: GDP Growth Slows… Spike in Business Investment Spanish Unemployment La EPA constata que el paro no deja de subir; 20,09% de parados El paro marca otro … Continue reading →

Afghanistan War Logs: Massive Leak Of Secret Files Exposes Truth Of Occupation Afghanistan: "What Is Death Squad Task Force 373?" Wikileaks Afghanistan files: download the key incidents as a spreadsheet Wikileaks "Revelations" Will Comfort Warmongers, Confirm Conventional Wisdom Wikileaks War … Continue reading →

http://cid-a47bd961104657a1.spaces.live.com/blog/cns!A47BD961104657A1!5264.entry Six of one…SCOTT SUMNER has been arguing that Japan hasn’t been in a deflationary trap for twn years, from which the Bank of Japan is helpless to extricate the economy. He writes: I was under the impression that the … Continue reading →

Moody’s Puts Iceland’s Baa3 Rating On Outlook Negative, Next Stop – Junk, As Island Nation Continues Giving Banks the Finger – Just because the unpronounceable volcano did not do quite enough damage, and both Hekla and Katla are taking their sweet … Continue reading →