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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?

Now watch this drive

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U.S. has begun to drain liquidity

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Links: 2009-09-09 – 50 Cent version

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Greenspan: financial crisis ‘will happen again’

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Night Time Reading: 2009-09-08

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The socialist back-to-school speech

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Refiners as proxy for demand: layoffs for first time at Valero

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Dollar falls to lowest on year

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China issues bonds to “promote the RMB in neighbouring countries”

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Bernstein: America “practically invites another catastrophe”

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