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How bad is the US job market?
Big Government offers this chart of unemployment trends in post-WW II recessions. Nice to see that the massive deficit spending on ‘stimulus’ has paid off so well. ..bruce w..
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Capitalism red in tooth and claw
Companies are born, live, thrive, dwindle, and then often die or are absorbed by other firms. Being 56 years old, I’ve seen a lot of that first-hand and have worked for several firms that no longer...
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Euroarmageddon Tour: prelaunch
Important events and circumstances have combined in such a way that in a few short hours I will be boarding an airliner on my way to the Continent, to witness first-hand the turmoil of fiscal and...
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Euroarmageddon Tour: questions to ask
OK, so we’re on the first leg of our flight to Paris, where I’ve found that my two French phrase books (the aptly-titled French Phrase Book as well as Just Enough French) don’t contain such handy...
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Euroarmageddon Tour — the Eagle has landed
Tocqueville, we have arrived! I’m not sure what Tocqueville would have made of the Euromess, but I think it’s pretty easy to guess. On the other hand, I think I may have discovered part of the core...
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Euroarmageddon Tour — first blood
I did get two interviews. In two hours. Plus one bit of pungent walk-by commentary. I’ll chronicle the whole effort later, but here’s the feedback from today. Thomas — in his 30s, and looking like a...
View ArticleEuroarmaggedon Tour — Saturday backstory
OK, as mentioned below, I got a grand total of two man-on-the-street interviews today. I was probably lucky to get that, all things considered. Sometime early this morning, while thinking about my...
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Euroarmaggedon Tour — Tour Eiffel Tour
France’s future is cloudy. OK, OK, cheap symbolism, but that’s the best kind, for reasons that I’ll come with eventually. Meanwhile, in case you’re wondering about the strange post name, “Tour Eiffel”...
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Euroarmageddon Tour — here comes the flood
There are arguments about who first said Après moi, le déluge (“After me, the Flood.”) and whether is was meant prophetically (“Things are going to get bad once I’m gone”) or dismissively (“I really...
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Things that can’t go on forever, won’t.
George Mellon over at the New York Sun writes: How does an investor react to the news that a propped-up and thus over-priced asset may lose its props? His natural urge is to sell, of course, and that...
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