The High Costs of the Cloud
Data centers make “the cloud” tangible. The supposed benefits—such as jobs—might not be.
The first important reading of the week already came in from the Far East: Japan joined Germany and France in
The Dull Compulsion of the Economic (xiv) A series of blog postings by D&S collective member Larry Peterson
These two recent pieces focus on disturbing developments in labor markets. Ambrose Evans-Prithchard zeroes in on unbelievable global undercapacity
From Bloomberg Toxic Loans Topping 5% May Push 150 Banks to Point of No Return By Ari Levy Aug. 14
Michigan Consumer Survey (Reuters) Consumer prices (Reuters) Industrial Production (FT), with this caveat; note the abysmal capacity utilization rate: 68%
As ususal, Tett does a great job. The ending is key. From The Financial Times: Idea of 'living wills&
From Paul Krugman's blog. For perspective, here's a chart showing corporate profits from 1996 (and another,
Nice FT piece from yesterday: Brotherly shoveBy Joe Leahy Financial Times Published: August 11 2009 20:40 | Last updated: August
From Huffington Post: Internal Memo Confirms Big Giveaways In White House Deal With Big Pharmadigg Huffpost - Internal Memo Confirms Big
From Bloomberg: Next Bubble to Burst Is Banks’ Big Loan Values: Jonathan Weil Aug. 13 (Bloomberg) It’s amazing what
From Bloomberg: Euro-Area Economy Contracted 0.1% in Second Quarter (Update4) Bloomberg By Simone Meier Aug. 13 (Bloomberg) The