My Goldbug friends and Hard Assets-loving associates will sleep well this evening…or stay up all night with excitement. Congrats to the faithful, but don’t OD on the Kool-Aid. G’night! Read Also: …You Might Be a Goldbug (TRB)
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Checking In With The Bail-ettes On TARP's 1st Birthday
A quick look at how shares of the Bail-ettes have performed over the year since they became partially our property problem… Click Image to Embiggen! Check out the source article for the exact amounts, in case they haven’t already been emblazoned into your brain. Source: Heroes and Zeroes of the Fallout (CNNMoney)
Interview With The Ghost Of Ayn Rand
As regular readers know, I am often visited by ghosts when I work late at my office in the historic Helmsley Building. I recently had an encounter with none other than the ghost of Ayn Rand, the creator of the objectivist philosophical movement and author of Atlas Shrugged, an ideological novel that argued for absolute…
BREAKING: The Secret Plot to Kill the Dollar
FYI: This is the story that everyone’s talking about today, gold and metals stocks are going berzerk in the pre-market as of this writing because of it: From The Independent: In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to…
What Do All These Multi-Billions Look Like?
I’m blown away by the latest infograph from David McCandless of Information is Beautiful. We hear about these multi-billion dollar programs seemingly every day, and the sums start to wash over our already-numb frontal lobes. Well, here’s a snapshot of what this spending actually looks like, writ-large… Click Image to Embiggen! The truth about the…
China Then and Now from Fast Company
We’ve been discussing China a lot this week, so I figured I’d cap off the weekend with an infograph from Fast Company that paints a great picture detailing how much has changed over the last 60 years of the country’s existence (in its current form). The graph is in two pieces here, whatever. and then…
The Rings Around Saturn
The Different Kind of Car Company never had a shot given its hereditary defects. Godspeed Saturn. Source: Cagle.com
Top 10 Job Openings for October
Having wiped this week’s excremental non-farm payroll data from our hair and car windshields, I would say it’s time we began to focus on which sectors and industries are actually hiring. In a highly unscientific study, I’ve come up with what I believe to be the Top 10 Job Openings for October 2009: 10. Virtually…
Stimulus Was Meaningless For Jobs
The good professor has brought back an old chart that Obama’s econ team used to justify the stimulus package earlier this year and annotated it (in red) to illustrate how far the reality deviated from the projections. From Greg Mankiw’s Blog: When the Obama stimulus plan was proposed, the president’s economic team put out a…
China: We Drink Your Milkshake
China’s still at it. Attempting to suck up every ounce of crude oil on a global basis, they are not unlike the Daniel Plainview character from There Will Be Blood, an oil magnate to whom you either leased your land or you watched as he drained the oil from it horizontally, right out from under…
