Monthly Archives: January 2010

Stats are Pointing Up…

But should we care about the stats when our team keeps losing?

“”What we see in the United States and some other economies is a statistical recovery and a human recession.”

Larry Summers, Davos, Jan 30, 2010 (via CNBC)

Plus, he’s actually quite wrong on the stats and also understates the human reality:

Sadly for many, the stock market will eventually reflect reality.

Debt is kicking Incomes butt

This isn't going to end well.

Debt to GDP ratio

Where's the money coming from?

Employment, not bouncing yet

Employment over decades of boom/bust

Money Markets

Irony!

Formally highly liquid, Money Markets to get new withdrawal lockouts just like your favorite hedge fund.

South Park, once again ahead of the curve.

Video below IS work friendly, unless or course, you work at a TBTF Bank.

My First Bank Account

When good advice is bad advice.