Relevant and even prescient commentary on news, politics and the economy.

Links Worth Rants

Busy day on several fronts, but these should be discussed and I’ve already posted one rant this week, so a riff on the second piece would be overkill. Sort of an Open Thread, with four topics. Tyler Cowen argues that, instead of giving out stimulus monies, the government should just hire people directly. No, really: […]

Kash is En Fuego Today

Go. Read. US Bank Exposure to Greece, part 3. The FT lets someone from Nomura argue that Kash’s declaration of U.S. bank exposure to Greek default in Part 2 (referenced here, but just go to Kash’s link for the gist) was overstated. Nomura and The FT lose the argument, badly. “Disasters for an economy — […]