Young adults have no shot at attaining their parents’ standard of living if we continue on this way.
Mises.org
More Hot Links: World's Longest Bridge
More Hot Links for Weekend Reading… Legendary Las Vegas impresario Bob Stupak has passed. (WSJ) Is NBC really a core business for GE or is it, in fact, up for sale, along with CNBC? (ZeroHedge) Cool: The legendary trading culture of Susquehanna International. (InfectiousGreed) A behind the scenes look at Andrew Cuomo, the New York…
Hot Links: Phonehenge
Hot Links for Labor Day Reading… The 8 worst mutual funds that should be dumped now. (Morningstar) John Carney on the Kudlow Report talking about the FHA’s financial condition. (Clusterstock) Speaking of the FHA, Trader Mark sees some ominous signs in the default rate of loans. (FundMyMutualFund) Did inflation help bring down the Roman Empire? …
Breakfast Links: Meatbags & the Cheese Purse
Stuff I’m Reading this Morning… Are you ready for the torrent of earnings as 143 of the S&P 500 companies report this week? Here’s a preview: (TheStreet.com) Dissecting Joseph Stiglitz, this era’s “rockstar” economist. (Economist’s View) Pimco and a group of bondholders bail out CIT. Yay, I think… (Reuters) The battle for White House influence…
Hot Links: Chairman Mao, Larry Summers & Lenny Dykstra
Hot Links for Weekend Reading… How did Chariman Mao deal with unwanted “Green Shoots” amongst capitalist-leaning peasants in the Chinese countryside? (Mises.org) Bernie Madoff can still afford a prison consultant, so that’s a green shoot for sure! (LOLFed) David Merkel puts up the 1000th post on his excellent Aleph Blog…start reading him if you haven’t…