When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
Latest news (Page 168)
On The Ratings Agencies
From Mother Jones: Credit Rating Exec: "We Sold Our Souls to the Devil" Internal documents show that while
And If That Didn't Impress You...
...two items from the auto industry. From Reuters, again. Seems like some sort of nationalization of this industry is only
Far Worse Than Thought
From Reuters: October job losses worse than feared Fri Nov 7, 2008 8:49am EST WASHINGTON (Reuters) - Employers cut payrolls
Good Survey: How Bad in Emerging Markets?
From Der Spiegel (translated into English, though). Hat tip toYves Smith SPIEGEL ONLINE 11/04/2008 04:54 PM THE
Co-centric Vicious Cycles
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
Yves Smith on a Big Puzzle
She blogs today about a real mystery in financial markets, i.e. why Lehman's CDO auction didn'
LIBOR: Still Stuck
From today's Financial Times (here's the main point: "While rates are coming down, traders say
Post-Election Hangover (short)
US Markets have lost all their gains from yesterday, as of 12.44 pm EST. Europe and UK getting hit
Shift in Economic Thinking (Lawrence Mishel)
A statement on the economic implications of Barack Obama's historic election victory, by Lawrence Mishel, president of the
Good Piece on Finance
In the UK monthly, Prospect. It covers the whole shebang, from the Efficient Markets Hypothesis to more mundane things like:
A LIBOR Primer
Possibly to be used in tandem with our recent piece on commercial paper. From the London Review of Books: What&
Spoilsport
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,