May 2010

Must read: Obama and Wall Street/ Obama and Civil Liberties / Obama and Big Oil / Obama and China Psychoanalyzing the Relationship Between Obama and Wall Street -- New York Magazine Obama wins the right to detain people with no…

New York is one of the states at highest risk of default and budget cuts are coming. However, for now, those cuts will be limited to service cuts, dismissals and furloughs. Public sector pensions remain an intractable issue that will move…

As the Chinese government looks to slow the economy, non-performing loans in the banking sector will come into view. Clearly, the Chinese authorities want to slow the pace of house price and consumer price inflation and reduce rampant…

A bartender at my neighborhood pub recently asked me how the Shanghai stock market was performing. I said it was at about 2,600 points. He jumped and said, “No! The Communist Party wouldn’t let that happen.” He spent the next 10…

Must Reads: Housing still overpriced (though not in US), delinquencies still high House prices: You can't keep 'em down | The Economist Annaly Salvos - Invest in Bulldozers What kind of homeowners choose to default? -…

I have posted the chart below from Chart of the Day before. The previous time I pointed out that there are three super cycles in the chart and the current super cycle is much different from the two previous ones if March 9, 2009 was the…

Subscribe to Our News Feed If you would like to receive our links in real-time please follow me (Edward Harrison) at @edwardnh. We also have a Facebook fan page now. Must read: Financial Reform ND20 FinReg Reactions: Elizabeth…

Last Week's Most Popular The Sarko Euro Rampage Leak and Maxi Euro Devaluations China: Time to Admit To, Then Douse, Our Inflation Fire MMT: Market discipline for fiscal imprudence and the term structure of interest rates Spain…

I'll probably be blogging tomorrow. Until then here is Van Morrison with a little Caravan. Enjoy.

Synthetic life is a controversial subject. But a breakthrough has just recently been made which is sure to stoke more controversy on the subject. Below is a video of Craig Venter talking about the Synthetic Life project and breakthrough.…