News from around the web: 2009-08-03
The math of denying health insurance retroactively
This is what happens when corporations control media
The role ideology in economics and animal spirits in markets
Looking for Lewis to leave BofA
65% took early retirement. 30% took buyouts.
More in-depth China analysis from Pettis, now also on validity of China’s stats.
The famed former Bernstein analyst finds a new gig.
This bubble doesn’t necessarily mean economic disaster in China.
Bigger than the one in America. But it hasn’t burst. Canada’s was not as big but is another conspicuous bubble yet to fully burst.
In response to Apple’s anti-competitive behavior.
Good balance of views on this topic.
Must be repaid over next five years
Consumption in Germany is weak
More than half of bad debt came from America
Those who bought at the peak face 5 more years, one reason nationwide brought back the 125% mortgage.
1.6850 is a huge upside move. Sterling is moving up against the Euro as well.
Only in America. Litigious society at work.
Order growth driven by domestic demand.
if a child feels that an undesirable characteristic is under some sort of personal control, they are less likely to respond favorably to someone who displays that characteristic
Provocative. I don’t agree 100%, but definitely worth a read.
Focus on banks has left homeowners out to dry.
Since I am in Canada right now, I find this interesting. Hat tip Mark Thoma.
Underlying demand is weak.
Doesn’t make recovery easy.
Distraction of the Day: First Black supermodel dies at 61