Thursday, March 31, 2011

Economics and finance links

15 Companies That Died In The Past Year

Private Sector Layoffs Plunge, While Government Job Cutting Hits Its Worst Level In A Year

Spain's Youth Unemployment Problem Swells, One In Five Under Thirty Still Hunting For First Job

The Exceptional Mr. Greenspan

Guess The Country With The Highest Home Ownership Rate

Amazon Still Has A Gigantic Growth Opportunity, Even In Books And Electronics

Left Hand, Meet Right Hand: The government sues bankers over offenses government regulators once ignored

Wal-Mart CEO Bill Simon expects inflation

Increase In Housing Quality And Its Effect On Home Values: 1940-2010

U.S. Economy Growing Faster Than Rivals, But Creating Far Fewer Jobs

As Economy Sputters, a Timid Fed

More Profits, Fewer Jobs: Why record corporate profits aren't necessarily good for the economy.

15 Top Corporate Tax Dodgers

Romney: On jobs, where is Obama?

About That Meeting In Nanjing, Where World Leaders Are Discussing How To Abandon The Dollar

Skunked
  • Medicare, Medicaid and Social Security now account for 44% of total federal spending and are steadily rising.
  • Previous Congresses (and Administrations) have relied on the assumption that we can grow our way out of this onerous debt burden.
  • Unless entitlements are substantially reformed, the U.S. will likely default on its debt; not in conventional ways, but via inflation, currency devaluation and low to negative real interest rates.

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