journalism

Update 07 Mar 2009: I am re-posting this in light of increasing evidence that Obama's stimulus bill was in fact too small. Paul Krugman has a good post today called "One-sided debate," which reminds us he made that argument but was…

The video below is an addendum to my post on Andrew Barry's Barron's cover story piece regarding Treasury Bonds and the growing consensus to avoid them. While I agree with the consensus about Treasury bonds being a bubble, I expect the…

If you are wondering why the U.S. housing market is a mess, watch this video about a $103,000 mortgage that was used to finance a shack --literally, a shack. Of course, the mortgage was packaged with a bunch of others into a mortgage…

This is a very sad tale.

I have been arguing for some time that the credit bubble has been replaced by a government bond bubble because much of the liquidity pumped out by the world's central banks is not going to increased lending. As this money must be invested…

It's interesting to hear a chief executive of a major Wall Street firm speak openly and on the record about the economy. So, it's refreshing to watch this video and see Jamie Dimon's take on a number of economic issues ncluding house prices…

This video from the 1930s is a timeless piece of work, giving an explanation of what inflation and deflation are and how they work. (hat tip Tim Iacono)

Back in November, Bloomberg News was forced to sue the Federal Reserve to gain greater disclosure on how emergency loans were being made to financial institutions and on what collateral was being used. I have followed this story closely…

December is a big month for Hollywood as some of the biggest and most critically acclaimed movies come out in December. One such movie is "The Reader" starring Kate Winslet. I am a big fan, so I thought I'd provide you with a little…