Monthly Archives: January 2011

Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging! windows has closed live spaces, which i was using as a work area for the global glass onion; this space has been converted to wordpress, … Continue reading →

 first published Sunday, March 7, 2010 a recent Bloomberg article noted that  Goldman Sachs maintained its forecast for 11.4 percent GDP growth for china even after after its central bank raised reserve requirements for lenders twice within a month…as MW666 … Continue reading →

ZIRP and ZMP – Krugman – From my point of view, the current slump is just about what we should have expected given that we had a nasty financial crisis and continue to have a lot of over-leveraged players in the … Continue reading →

 Dollar/euro Irrelevance –  A number of comments, both here and on my euro article, focus a lot, one way or another, on the respective roles of the euro and the dollar as international currencies; some of the comments drop dark … Continue reading →

The sun rises two days early in Greenland, sparking fears that climate change is accelerating – The sun over Greenland has risen two days early, baffling scientists and sparking fears that Arctic icecaps are melting faster than previously thought. Experts … Continue reading →

Europe Fears Motives Of Chinese Super-Creditor  – Herman Van Rompuy, Europe’s president, said during a visit to Downing Street that the Chinese may have "political" thoughts in the back of their minds for coming to Europe’s help, and gave a … Continue reading →

One Take on Science vs. Faith   Europe Failed to Clear ‘Skepticism’ on Debt Crisis, IMF Says – Europe has yet to allay investor “skepticism” about the sustainability of the region’s debt, and any spread of the crisis would cloud global … Continue reading →

U.S. Inflation Set to Soar as the Country’s Chief Export Boomerangs Back Home – One common explanation for that phenomenon is that U.S. inflation has been ‘exported’ to China and elsewhere through the U.S. Federal Reserve’s monetary policy. And given … Continue reading →

Brent Nears $100 on Cold Snap; WTI Falls After U.S. Jobless Data –  Brent crude headed toward $100 a barrel, widening the spread with New York oil futures as crude stockpiles remained above their seasonal average and jobless claims increased … Continue reading →

More on Hurst and FT Alphaville on Structural Unemployment –  – I’m going to keep hammering on structural unemployment issues at this blog.  I’m hearing rumors that Davos is going to be entirely about “The New Normal” and I want to … Continue reading →