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Readings 02/26/09

  • The reverse industrial revolution (MarketWatch)
  • Why did monetary policy fail? (TheMoneyIllusion)
  • Future of Europe is "bleak", and capitalism is a "ponzi scheme" according to a former German vice-chancellor (Telegraph)
  • China closes Tibetan side of Everest to climbers ahead of anniversary of Dalai Lama’s exile(Telegraph)
  • Oh Sh*t…Even Index Arb Isn’t Safe (Cassandra)
  • Mendoza Line (Wikipedia)
  • Unemployment Insurance And Unemployment Spells (SSRN)
  • Greeks shut airports, services to protest economy | U.S. | (Reuters)
  • Long look at Treasury Sec Geithner paints him as a capable bureaucrat without iota of leadership – also tips eventual death struggle with Volcker (Bloomberg)
  • Are S&P 500 Earnings Wrong? (Bespoke)
  • Are US Banks Worthless? (Minyanville)
  • China taxes reveal spending slowdown (Bloomberg)
  • Jeremy Grantham on how bad the bear could get (CNN)
  • The party on Mt Palomar during the Tour of California (VeloNews)

Posted in VC.

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