Links: 2009-07-17

  • China market value overtakes Japan’s | The Japan Times Online

    Can you say bubble?

  • Video – NASA Releases Restored Moon Landing Video –

    The original tapes were copied over, so these are restorations of copies. "NASA worked with a production company to restore footage of the 1969 Apollo 11 moon landing. Video courtesy of NASA."

  • Google profits rocket despite recession – Guardian

    This could mean the rally in shares continues tomorrow

  • "Tax the Wealthy to Keep US Healthy" – Economist’s View

    Class warfare? Yes, it sounds like it.

  • Brown Backs Withholding Bank Bonuses for Five Years –

    This sounds like a promising move.

  • Cities Like Seoul Rediscover Waterways They Paved Over –

    "In what is sometimes called “daylighting,” cities from San Antonio to Singapore are resuscitating waterways that once lay buried under rivers of concrete." Hat tip Raisa

  • Kazakhstan central bank grapples with CDS headache – FT

    An update on the CDS ‘net shorts’ profiting from Kazhastan’s demise.

  • Roubini Statement on the U.S. Economic Outlook – Nouriel Roubini

    "…my views were taken out of context. “I have said on numerous occasions that the recession would last roughly 24 months. Therefore, we are 19months into that recession. If, as I predicted, the recession is over by year end, it will have lasted 24 months with a recovery only beginning in 2010. Simply put I am not forecasting economic growth before year’s end."

  • Strong bank results mask wider weakness –

    Expect regional banks to show bad CRE exposure

  • Chicago’s Sears Tower is renamed – BBC News

    Revisionist history. I won’t call it Willis Tower

  • Mr. President, We Are Still Torturing? – Cato Institute

    This is a major civil liberties issue being swept under the rug.

  • Distraction of the Day: Straight up Gangsta in America’s 2nd best place to live – Arlington, VA

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