24 August 2010

Business/Economic/Housing/Layoff News for August 24, 2010


7:06 AM EST - Stock futures drop on global economic worries; traders brace for weak housing report.

Hussman: Why Quantitative Easing is Likely to Trigger a Collapse of the U.S. Dollar

Leaked Documents Provide Glimpse Behind Baseball’s Financial Curtain

15-year high for the Japanese yen

Mish: Dissent at the Fed, 7 of 17 Express Reservations about QE; Appeals Court Refuses Fed's Motion to Dismiss Bloomberg's Freedom of Information Request


First Time Ever: Pay TV Subscribers In The US Decrease

Great Recession, Great Depression

Zero Hedge: Mapping The Tipping Points

Zero Hedge: How Hyperinflation Will Happen

Mogambo Guru: "Inflation Follows The Stimulus Boom"

The Fed Can Create Money, Not Confidence

Barry Ritzholz Video - Are We In An Economic Purgatory?


Sign of Trouble? Bankers Pitch 100 Year Bonds

Bond Funds Attracting Cash Like Stocks During Dot-Com Boom: Credit Markets


The End of Management - Corporate bureaucracy is becoming obsolete. Why managers should act like venture capitalists

WSJ: Facing Budget Gaps, Cities Sell Parking, Airports, Zoo

Wikipedia entry on "Quantitative Easing"

How to protect your money during deflation

Der Spiegel: On The Way Down - The Erosion Of America's Middle Class

Marc Faber: Protect Your Property with High Voltage Fences, Barbed Wire, Booby Traps, Military Weapons and Dobermans


Credit Card Rates Fly Through The Roof

The Age of Nations is Over. The New Urban Age has Begun.

Boarded-up Tuscon, Arizona complex excels now in a sorry way - decay


The Housing-Market Diagnosis: Still Weak
15 Signs The U.S. Housing Market Is Headed For Complete And Total Collapse

Henry Blodgett - Now They Tell Us: Experts Say Housing Is A Lousy Investment And Always Will Be (video included)

The U.S. Housing Fetish Hurts the American Dream

Homeowner confidence in real estate market dips

Mish:Commercial Real Estate Foreclosures to Hit Chicago "Loop", First Since 1999; Big Wave of Commercial Foreclosures, Bank Failures Coming

What to Do With a $7.6 Million Home? Tear It Down!


Even high-end properties can't escape foreclosure wave in Palm Beach County


Sacramento Wastewater Plant Upgrade Would Cost 390 Jobs Per Year

Canadian Pacific Railway Plans To Announce Job Layoffs In The Next Two Weeks

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