Alternative title: Dog bites man. The results of a new CNN poll are still very interesting, since the poll is much more thorough than the many other polls which showed, more or less, the same thing. CNN has a write up where they note that the median respondent seems to think that much more money […]
No Foolin’
I politely disagree with the conclusions of the article written by my Angry Bear colleague, Kash, where he envisages Greece defaulting in 2011 similarly to Argentina in 2001. I do agree, that the macroeconomic initial conditions in Greece scream default (actually, if you focus just on the measurable factors, like the current account, debt levels, […]
The employment report was the strongest this cycle as total payroll employment expanded some 216,000. This consisted of a 230,000 gain in private payrolls and a 14,000 drop in government jobs as state and local governments are still shedding jobs. Moreover, the household survey reported a 291,000 gain in employment. The last two months private […]
The post after the jump will make “What More can the Ded do?” seem disciplined, succinct and sober. update: Minds think alike, but some bloggers are more concise than others — How About Prison Then ? The USA is in a tough spot with high unemployment, a sluggish recovery and an insane majority in the […]