Daily Archives: March 24, 2011 @ 5:11 pm (Thursday)

US Approaching Insolvency, Fix To Be ‘Painful': Fisher

I waited a couple of days before doing this thinking there might be some retractions. Or some serious mainstream push back. But apparently not. Apparently this high ranking Fed official, as well as the mainstream financial press, actually believes the … Continue reading

Posted in Deficit, Government Spending | Tagged |


Karim writes: More positive signs for the labor market as initial claims fall another 5k to 382k; more importantly, claims are now steadily below 400k (5 of the past 7 weeks) DGO ex-air and defense fall 1.3%; Core shipments rise … Continue reading

Posted in Employment, GDP |