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Credit Writedowns

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

What’s your model on how real GDP grows durably?

FDIC shutters five more banks

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China: we “will take steps to protect the interests of our domestic industries”

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Intent and motive

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Rosenberg: “the mother of all jobless recoveries”

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Links: 2009-11-06

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The less optimistic view of Treasury’s handling of the crisis

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Comprehensive unemployment rate is 17.5%

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10.2% unemployment, 190,000 jobs lost

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The wildly optimistic view of Treasury’s handling of the crisis

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Economic nationalism and GM’s decision to keep Opel and Vauxhall

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