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Mr. Obama's Most Recent "2%" Sellout is his Worst Yet Michael Hudson on how President Obama's economic policy has not benefitted ordinary Americans. On The Alleged Irish Bank Deposit Flight My view on why the incipient Irish…

Since I failed to put out a weekly update last week, this week's weekly will contain the most popular posts over the last two weeks. Jeremy Grantham has ‘already started to sell’ Great 30-minute CNBC interview with Jeremy Grantham in…

Real Estate Investors or Speculators?: Casey Research's thoughts on risk management amongst real estate investors makes one wonder how much real estate activity is purely speculative. The Problem With QE2: Comstock Partners explains…

We had a lot of good posts at Credit Writedowns this past week. Below is a list of the most-read. Enjoy. Chile: "We are very much concerned about what's happening with our currency": Comments by Chile's central bank…

Krugman: We Need $8-10 Trillion Worth of Quantitative Easing: Paul Krugman says the Fed would have to print multiple trillions of dollars to close the output gap. That's not going to happen. The implication is that money printing is all…

How a financial crisis morphs into a currency war: A history of the crisis to date and how it has led to the escalating rhetoric of a so-called currency war. Bubble Trouble In Finland?: Edward Hugh analyses the above-trend house price…

This week's posts pointed to commentary from some of the top analysts: Meredith Whitney, Hugh Hendry, Andy Xie, David Tepper, and David Rosenberg. Of note was the situation in Ireland and the cabinet shuffle in the Obama White House. A lot…

The Credit Writedowns Interview with President Bill Clinton: Report on a blogger meeting with former President Bill Clinton and what his views say about the agenda for Democrats and the Obama Administration. Hugh Hendry interview on…

Most Popular Posts Economy Shilling: "The Economy Really Doesn't Have Much Gas Any More" Grantham: Deflation has won on points ECRI Index annualized change almost a lock for double dip territory A New Spotlight on…

For those of you who only receive updates via the weekly newsletter, we have been posting over the last few weeks but I have dropped the ball on crafting a weekly newsletter.  So this week I will make this week in review post a month…