Sunday, May 10, 2009

Great Reads: Sucker's Rally

"Our delicious spring rally is nearing the limits. The 40pc rise on global bourses since March assumes that central banks have conjured away the debt overhang by slashing rates to zero and printing money. Nothing of the sort has occurred. Two thirds of the world economy will be in deflation by July."

Disaster Brewing

Shorting Financials

Looming Mortgage Catastrophe

1 comment:

MK said...

New York Times article about credit cards.