Stormy, Movie Guy, and Dan Becker in 2009 have been writing about trade imbalances and consequences since 2006. An excerpt from one of Dan’s posts: I have written at AB that my thoughts about when the flash point was for our change to a focus on making money from money was the first Reagan election. […]
Yves Smith points to a MIT study on how much bigger the conversation should be than the political arguments of offshoring and outsourcing suggest. And the complexities of applying ‘just in time’ sorts of global production systems through a complicated supply chain. From that post is this excerpt: And a new report by MIT on innovation […]
Mike Kimel from Angry Bear 2007 described another aspect to be kept in mind during the current austerity policy debates. The Republican Party and the National Debt Posted by cactus | 12/04/2007 Public Agenda is asking bloggers to contribute to a discussion on the National Debt they call Facing Up. These are my thoughts on […]
by Tom aka Rusty Rustbelt Health Care Thoughts: The CPR Kerfluffle According to numerous media reports: On February 26th, Lorraine Bayless, an 87 year old resident of the Glendale Gardens independent living facility, collapsed in the dining hall. Someone called 911, and eventually a person identifying herself as a “nurse” was on the call (whether […]
Via Sandwichman at Econospeak comes this well done video on Wealth: It’s Not for Everyone, which is going to 3 million views from facebook, reddit, and elswhere:
I dearly love comment sections on certain websites. Some are entertaining, and some are guaranteed to lead to links for further thought. Others are stocked with slogans and utterances of magical thought without caveat. However, what can be missed are those posts which do not draw much comment…it needs to be mentioned that these posts […]
Dean Baker on occasion mentions the influence of Pete Peterson, and Peterson funded the Simpson Bowles efforts, and this piece by Thom Hartmann takes a current look: While a name well known to some, it is interesting I rarely hear it mentioned in less political circles. I run into the Soros name more often… But […]
David Zetland comments on future funding of ‘water’ risk management. There are plenty of examples of misguided government interventions, as well as examples of private enterprise run amok. Now a derivatives market? : The danger of flashing wrong signals Have you heard the stories of people who have driven through fields, into lakes or off […]
by Tom aka Rusty Rustbelt The Tragedy of DetroitOne of the great highlights of my life was my first visit to Detroit in 1962. I fell in love with the metropolis and of course the Detroit Tigers. This week the governor of Michigan will appoint an emergency financial manager for Detroit, if anyone will take […]