The Big Picture - The Annual Existing Home Sales MSM Erratab
Dr. Housing Bubble - Public-Private Investment Program for Dummies: How does the new Treasury Plan Impact Housing and the Market? Poorly Planned Investment Program (PPIP)
Naked Capitalism - Treasury to Seek Power to Seize Non Banks (Trojan Horse Alert)
Huffington Post - Obama’s Global Op-Ed: “A Time For Global Action”
Today’s Business Press - World Bank: It’s a Global Recession
Business Insider - Obama Disses Economics Blogs
Financial Times - BofA withdraws job offers to foreign MBAs
Naked Capitalism - Guest Post: More Debt Won’t Rescue the Great American Ponzi
Dr. Housing Bubble - Down Payment Assistance Backdoor to No Money Down? Seller-funded Down Payment Scams. The Government looking to resurrect No Money Down [...]
Start with Dumb Questions
You might remember that I burst onto the economic-commentary scene in January having been inspired by the dumb questions asked by my dumb friends about the advice of that dumbbell, Suze Orman. You’ll remember that I smote her with an Excel spreadsheet and finished up with a trailing-12-month Dow chart. She has [...]
Another guest post from MG Dungan who went from Wharton to Wall St. to real estate to Blown Mortgage.
There is considerable discussion as to whether we are in, or entering into, a period of inflation or deflation. It?s important to know which one it is and why, to be able to plan effectively.
It?s deflation, and [...]
Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
Today?s reverse crash resulted in the Dow up $889.35 to close at $9,065.12. From peak to recent trough, the Dow has moved from its all-time high of $14,164 on October 9, 2007 to a low of $8,176 on [...]