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If you want to get a leading indicator of how retailers are doing, going online is definitely the best way to get up-to-the-minute data. Not only is the data coming out of online retailers much more real-time, there has also been a huge…

Mark Pittman, Reporter Who Foresaw Subprime Crisis, Dies at 52 - Bloomberg.com (R.I.P.) Audit would hurt economic prospects: Bernanke | Reuters (I doubt many believe this) London Luxury Home Prices Increase for First Time in 17…

Dubai's dramatic boom over the last decade in pictures - Telegraph BBC NEWS | Americas | Facing a sixth trial for the same crime BBC NEWS | Middle East | Views from Dubai: 'The end of the dream' Dubai debt delays revive fear…

Geithner’s Disgrace - Eliot Spitzer FT Alphaville - FDIC’s insurance in the red, ‘problem banks’ hit 16-year high Should America worry about its deficit? | The Economist House prices 'must drop radically' to lure investors -…

Here's a nice little music video on Alan Greenspan and all that he has wrought. Hat tip Scott.

Fed asks U.S. banks to submit TARP repayment plans | Reuters FT.com - Obama knows chest-thumping and China don’t mix BBC News - US consumer confidence edges up but remains subdued Gallup Economic Weekly: Spending Up Pre-Black…

Bruce Krasting: FDIC on REO Sales: Keep'em in the Dark! Greece tests the limit of sovereign debt as it grinds towards slump - Telegraph Economist's View: "What if a Recovery Is All in Your Head?" Rhodes pushback -…

FT.com - Could sovereign debt be the new subprime? (Excess reserves are one reason to buy Treasuries) Kathleen Parker - Kathleen Parker: Judging Sarah Palin by her covers - washingtonpost.com Econbrowser: Factors in local house…

Saturday Night Live’s China-U.S. press conference is pure comedy. It captures the Zeitgeist pretty well. The Mrs. Obama part at the end, though, was way over-the-top (and in poor taste if you ask me). Take those comments out and you have a…

The deficit problem: Dealing with America's fiscal hole | The Economist The Washington establishment suffers a serious defeat - Glenn Greenwald - Salon.com Fed Beaten: Bill To Audit Federal Reserve Passes Key Hurdle The Case…