Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Roland Burris: more political tomfoolery in the U.S.
A recent note from Time Magazine's blog, Swampland:
This looks real bad, both for Roland Burris and his country.
First a quick recap: Burris gets appointed to the Senate by Rod Blagojevich, a self-made cartoon of political ineptness and…
How do the Presidents rank?
C-Span ranks the former Presidents: Honest Abe gets top billing, follwed by Washington, FDR, Teddy Roosevelt and Truman. How did the George Bushes, Bill Clinton, and Ronald Reagan do? Click the link to find out.
Three views of the global economy
Today's Globe & Mail does an excellent job of presenting the three different potential outcomes for the global economy, one optimistic, one pessimistic and a third somewhere in between. Below are the key snippets of their article…
The top 25 European banks by assets
Just a few hours ago, I posted an article about European toxic asset exposure based on a Telegraph article. The crux of the Telegraph piece was that European banks have a shed load of bad debt on their books. A secret European Commission…
The bearish argument for the global economy
Now that I have burnished my bullish bona fides with two posts from the optimistic viewpoint, I want to share with you an analysis from John Mauldin that is much closer to the truth regarding where the global economy is headed, what type of…
Are European banks sitting on 16.3 trillion in toxic assets?
If you had read the Telegraph on February 12, you would be inclined to believe there might be even more toxic assets on European bank balance sheets than on American bank balance sheets. However, anyone who read the Telegraph later would…
The bullish argument for the global economy
With a name like "Credit Writedowns," this site is obviously not preternaturally given to the wildly optimistic scenario. In fact, my operating assumption is to hope for the best, but plan for the worst and expect something in between.…
The bullish argument for China
Despite having made a number of bearish comments regarding China and its near-term outlook, I am a long-term China bull. Even over the short-term, China's willingess to fund long-term infrastructure projects will serve as a buffer against…
The site is back up
Our site was down for the entire day from 9am - 9pm EST. I had a lot of ideas and a particular tip to write about, but the day has been a complete bust.
We apologizie for the inconvenience. If anyone has good advice on a reliable…
Paul Krugman on the global economy
Below is a clip from the World Affairs Council meeting in Oregon with Paul Krugman as keynote speaker. The clip runs 1 hour and 34 minutes. However, Krugman's piece, which is the centerpiece starts at about 13 minutes. And runs through…