Economics Info

Economic News, Discussion and More

Archive for October, 2009

Break up to big to fail ! Europe shows US how its done. ING One of the largest financial institution in the world is broken up.

Oct 29

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"Most critics of the Federal Reserve believe that the central bank earns enormous profits as a result of its legal authority to create money." This is not so.

Oct 29

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Consumers Can’t Choose Not to Do Business | Ian Welsh

Oct 29

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Tim Geithner, Don’t You Dare Bail Out GMAC Again

Oct 29

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Why is GMAC paying dividends while it begs the taxpayer for money?

Oct 29

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Commercial Real Estate Implosion: 67 Percent Fall in Multifamily Starts, Ghost Buildings, $3 Trillion in Debt, 41 Percent Drop in CRE, and Collapse in Rents.

Oct 29

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Nobel Prize Winner Joseph Stiglitz: "Death Cometh for the Greenback."

Oct 29

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A fun story from NPR about how monkeys value skills, as long as those skills are in scarce supply.

Oct 29

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I live without cash – and I manage just fine

Oct 29

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Norway Europe’s first to up rates

Oct 29

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Houston, we have a problem. We are bankrupt….According to the report, pension plans and government salaries are at the heart of the matter. Here are a few select details.

Oct 29

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No Increase, but Congress to Extend $8000 First-time Home Buyer Tax Credit into 2010 and Make Available to More Home Buyers and Owners

Oct 29

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Silicon Valley: Abandoned

Oct 29

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The Next Step in the Bank Implosion Cycle???… "Everybody’s playing the same game and this game is becoming dangerous."

Oct 29

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Worried about the conspicuous lack of bailouts over the last few months? Well, worry no more. GMAC in talks to receive a third bailout.

Oct 29

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Too ‘Big to fail’ is getting too ‘Big to Bail’

Oct 29

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Free (and relevant) text online: When Money Dies: The Nightmare of the Weimar Collapse. by ADAM FERGUSSON.

Oct 29

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Report Says Immigration Enforcement Creates ‘Perverse Economic Incentive’ To Hire Undocumented Immigrants: ICE’s preoccupation with immigration enforcement has blatantly undermined the work of those trying to enforce labor laws.

Oct 29

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Should you move? A helpful infographic that compares salary growth across the country (PIC)

Oct 29

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Canada’s Currency Weakens as Equities, Crude Oil Post Losses – Bloomberg.com

Oct 29

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