Archive for March 2nd, 2009

Paradox of thrift

Posted in Uncategorized on March 2nd, 2009 by Paul Deng – Be the first to comment

Personal savings rate jumped at the time when consumption is most needed.

PersonalSavingJan2009 Paradox of thrift

(graph courtesy of calculatedrisk; click to enlarge)

Bad Banks vs. Nationalization

Posted in Uncategorized on March 2nd, 2009 by Paul Deng – Be the first to comment

I don’t know how many nationalization pieces I have posted recently, but that’s the thorny hotly debated issue right now. Here is another piece about 1 month old, but it has some lively discussions, plus, it included Catherine Mann of Brandeis IBS in there.

Roundtable on nationalizing the banks

Posted in Uncategorized on March 2nd, 2009 by Paul Deng – Be the first to comment

link to the video (about 20 mins)  (source: ABC)