February 2010
February 28, 2010 –
Financial Armageddon has a whole bunch of links to stories from countries around the world considering raising the retirement age as a way of dealing with an aging population and the inability to pay all those retirement benefits. [more]
February 28, 2010 –
I am reading an post by Yves about trying rein in banker's pay and Yves suggests, "The evidence that US capital markets firms are firmly in the hands of hopeless sociopaths continues to mount." [more]
February 25, 2010 –
This isn't about a relationship between the two, but rather one of the developments in the north is looking at existing drill holes close to communities as potential sites for geothermal electrical plant. Apparently to make a small plant for a small community as where I live the thermal energy needs to be harnessed from about 2-4 km below the surface and existing drill holes can be in that range. [more]
February 25, 2010 –
There is an awesome Scribd in this Big Picture post that seems to pull together a lot of my market thoughts. [more]
February 23, 2010 –
I suppose it has been about 3 years since I realised people will not be getting the pensions they think they are entitled to. [more]
February 21, 2010 –
I have intended to visit deflation again after core CPI showed deflation for the first time since 1982. Mish summaries it nicely. [more]
February 21, 2010 –
There is an article suggesting that Britain may be in for a more severe financial crisis then Greece. I taught in Britian in 2005 and having lived in the state of the country I have been saying the pound is in big trouble ever since. I have not looked at the exchange rate for the pound for some time. When I first went over it cost $2.30 Canadian for a British pound. I just checked the exchange rate and now it would cost only $1.61. [more]
February 20, 2010 –
I do like Anderson's Krugman-in-Wonderland blog. I was reading Krugman's blog for a very short time, but I couldn't stand the nonsense in it. [more]
February 18, 2010 –
One of the things about living in the north is I am learning about northern issues. Lately I have been studying the caribou. There are many species of caribou, but the herds appear to be in massive decline lately. [more]
February 18, 2010 –
See Big Picture
They raped the taxpayer, and they raped their clients.
Agreed..
February 16, 2010 –
Not sure where I was reading it last week, but news I was reading was saying that people were not behaving as expected in that they were letting their mortgage default in favor of paying their credit card bill.
You'd think that would hold credit card defaults down, but they are still rising.
February 14, 2010 –
Oh goodie, I just found a blog that I think I am going to enjoy reading very much...
Krugman in Wonderland.
February 14, 2010 –
Big Picture has a post on how the number .4 does not show up much in earning. It seems that 0.4 is close enough to 0.5 so numbers are "massaged" to raise it so that earnings can be rounded up. [more]
February 12, 2010 –
I am reading a post by Mish which outlines the cuts that Christie has order for New Jersey. [more]
February 11, 2010 –
Here is a report on the difference in the H1N1 flu compared to a normal flu season. What struck me about the report is the average age for hospitalization 28 versus 71 for a normal flu? What a difference.
February 09, 2010 –
I saw these graphs on the big picture about the level of food stamps. [more]
February 08, 2010 –
The legal fall out from it is going to create havoc in the markets for years...
February 07, 2010 –
Mish has a post with a teenage response to the US debt. [more]
February 07, 2010 –
An article I am reading about teen unemployment reminds me of the teen sentiment of my youth. I remember being too young to get a job at 13, but watching 15 and 16-year-old go out for a day or two job hunting and landing a summer job. By the time I was that age jobs were hard to come by. I remember going all over the place with my resume and not getting any where. I eventually did land a job through someone I knew who knew a place was hiring. [more]
February 03, 2010 –
I have to agree with Barry on this one, fascinating stuff. I went back to the original article, In the Packaging of Loans, A Bust with A Precedent. [more]
February 01, 2010 –
Mish has a post showing the cuts governments are now making because of the dire budgets. These cuts should have started last year instead of the fool stimulus programs that have simply resulted in greater debt and greater cuts now. [more]