Day: June 8, 2012

Fed lowers debt estimates by huge sums, Mr. Nutting writes, as if on cue. http://www.zerohedge.com/news/consumer-credit-misses-fed-magically-creates-15-trillion-net-worth-out-thin-air

Mr. Nutting at it again. No mention of Fed estimate revisions creating net worth out of whole cloth. http://finance.yahoo.com/news/u-debt-load-falling-fastest-040045522.html

But a report from the bankruptcy trustee filed this week paints a different picture of an executive closely involved as the firm’s liquidity was stretched

Folks might say, “This is water under the bridge.”  But, it matters; the policies are reflective – and they suck – of the truth despite

But Estonia reacted to the overspending and the downturn in a very responsible fashion. Instead of using the weak economy as an excuse to further

Returning now to my complaint about cherry picking data, Krugman makes Estonia seem stagnant by looking only at data starting in 2007. But as you