News

FT.com - John Gapper - A credibility problem for Goldman pre-earnings thoughts on Goldman AT&T Continues Its Attack Against Google Voice With A Second Letter To The FCC More on the Google threat World Cup,…

Easter Island: Rapa Nui déjà vu | The Economist Too many tourists like in Machu Pichu As Facebook Nears 100M U.S. Visitors, Twitter Falls Further Behind In The Rear-View Mirror Is Facebook winning? I am skeptical. Kunden räumen…

You Know You’re A Cool Geek When…. Are you a geek? C'mon. you know you are. FT Alphaville- Mystery Meredith Whitney Goldman downgrade - update It's price: my rationale as well Gold price hits fresh high Silver above 15-month…

FT.com - Thomas Palley - A second Great Depression is still possible A reminder of the downside FT.com - Swedbank hits out at Latvia’s mortgage plan Of course they do. Latvia agrees budget cut goal Large spending cuts and tax…

FT.com - Latvian contagion There will be contagion: Lithuania and Estonia at a minimum. bubbleinfo.com » Only The Shadow Gives you a taste of the extent of the shadow inventory overhang “Capitalism: A Love Story” « naked…

General Motors' car sales surge in China | Business | guardian.co.uk "GM sold a record number of cars in China last month, with sales up 55% so far this year." Latvian PM rules out devaluation "The worst of Latvia's…

I am off to a wedding today and through the weekend, so I will leave you with the links and one more post to come. I hope to hear from you all again on Monday.  Have a great weekend. Paul Kedrosky: Why I Love Venture Capitalists…

Marshall Auerback here with a few thoughts on employment policy and the limit to government spending in a fiat currency regime. The Detroit story Edward just posted illustrates that we should start by eliminating the notion that society…

Hypo Needs an Extra $10.2 Billion to Survive - WSJ.com "German real-estate financier Hypo Real Estate Holding AG needs an additional €7 billion ($10.2 billion) in capital from the German government to stay afloat and won't…

The Alignment of Asset Reflation and a Collapsed Economy | Gregor.us "there is no macroeconomic recovery occurring in the United States. What’s unfolding currently is snap-back from last year’s crash, which led us to the bottom of…