funny

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…

Remember when Paul Krugman asked aloud “How Did Economists Get It So Wrong?” He had a very well-received answer.  But he left out something. The elephant in the room was debt.  No one seems to have been noticing. Below is a…

Here’s the joke of the day via Steve Keen: Ten reasons the economy is so bad (I suggest this as a top ten for David Letterman?): #10: I got a pre-declined credit card in the mail. #9: I ordered a burger at McDonalds and the kid…

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…