economist.com - 4/19/2009
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The social benefits of home ownership look more modest than they did and the economic costs much higher
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The Mess That Greenspan Made —
... Trichet Won’t Exclude Cut, Says Zero Rates Inappropriate - Bloomberg • China seeks oversight of reserve currency issuers - MarketWatch • Germany's bail-out: Too little, and late - Economist • Bloom or bust? - Globe & Mail HOUSING • When will the housing market hit bottom? - The Independent • When the Real Estate Game Cost $9.95 - NY Times • Home sellers seek help from a saint - LA Times • Home ownership: Shelter, or burden? - Economist FED/TREASURY/BANKING • Fed ...
Sneak Peek at Weekend Reading
Paul Kedrosky's Infectious Greed —
Here is a sneak peek at some links form my weekly Weekend Reading column at TheStreet: It May Be Time for the Fed to Go Negative (NYTimes) California asks Feds to back IOUs (SacBee) The Biofuel Bubble (BusinessWeek) Desert clash in West over solar potential, water (SF Gate) What Good Are Economists Anyway? (BusinessWeek) Renewables to spark U.S. grid revolution (Reuters) Recession slowing water investment to a drip (Reuters) The social benefits of home ownership are lower and the economic costs much ...
On the burden of home ownership
The Mess That Greenspan Made —
... on this subject are much more compelling than the ones below, but The Economist provides a timely update on the now-familiar story in this report. ...
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Chart of the day: Car ownership
blogs.reuters.com 6/1/2009 — Even if they manage to hold on to their old clunkers for a bit longer than they otherwise might have done, the total number of cars per 1,000 people is likely to fall quite dramatically: a year or two of this and we could be back where we were ten ...