Folks, if I can get out of here [DC], I will. I need the sun and that relaxation that only Mexico can provide. So expect light posting next week. Meanwhile, DC expects yet more snow on Monday (ha ha ha – Schadenfreude – ha ha!).
Have a great weekend.
Edward
Finance and economy
So Thats What Too Big to Fail Means – Economix Blog – NYTimes.com
EconomPic: U.S. Consumer Keeps Chugging Along
FiveThirtyEight: Like Feds, States Deep In Red Too
Georgia Loosens Bank Lending Limits – WSJ.com
China: Hugh Hendry warns investors’ infatuation is misguided – Telegraph
Council of Economic Advisers Sees 8.2% Unemployment by 2012 – NYTimes.com
BBC News – China banks ordered to increase reserves again
BBC News – German economic recovery falters
How long will you be underwater?, I: Some Numbers – Rortybomb
Wall St’s Biggest Bonuses Go to Not-So-Big Names – NYTimes.com
US banks facing $1.4tn crisis over commercial property loans | Business | guardian.co.uk
Real Estate Blog – Is The FDIC Killing Short Sales?
Worthwhile Canadian Initiative: Long-term unemployment in Canada and the US
FT Alphaville – Tracy Alloway – Buying out the mortgage market
Andy Xie: Steering Out of a Smash-Up No One Wants – English Caixin
Greece
Don’t blame the traders | Seth Freedman | Comment is free | guardian.co.uk
Baltic States Rethink Euro Plans – NYTimes.com
Germany demands austerity, not bailout, for spendthrift Athens | World news | The Guardian
Greek debt crisis: the view from Germany | World news | guardian.co.uk
Greece faces devaluation, default, or deflation. Next stop the IMF | Comment is free | The Guardian
Will markets call EU bluff on Greek rescue? – Telegraph
Other News
RealClearPolitics – Analysis: Same talk, little action from Obama
Will Obama Destroy Any Hope of U.S. Energy Independence? – Casey Research
30 pounds of pot found inside pictures of Jesus – CNN.com
How To F@#$ing Shovel Snow – The Consumerist
Wii Leads U.S. Video-Game Sales Lower With 31% Drop – Bloomberg.com
Skyfire acquires Kolbysoft, developers of the popular Steel browser for Android
Stop Google Buzz From Showing the World Your Contacts – Lifehacker