ritholtz.com - 6/10/2009
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Today’s must read article is a front page NYT story by David Leonhardt. It looks at the process by which boom time surpluses were turned into boom time deficits, and then even greater crash deficits.
The two economic takeaways from the piece fits into some of the nonsense I have been ...
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Wednesday links: volatility principles
Abnormal Returns —
... “jobless” recovery? (Calculated Risk)
You can always count on Jim Grant for a choice quote or two: “There are no bad bonds, just bad prices. Treasuries at 2% were a toxic asset.” (Zero Hedge)
Just what constitutes a “return to normalcy“? (Zero Beta)
How we came to trillion dollar deficits. (Big Picture)
“California already has the ...
Links 6/11/06
naked capitalism —
... U.S. Temporarily Suspends Policy of Deporting Widows of Citizens WSJ.com How Trillion-Dollar Deficits Were Created Barry Ritholtz Russia: These Guys Don’t Miss A Trick Edward ...
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