Formyfriendswholiketoreadnewones,plsgoto:
http://groups.wenxuecity.com/groupview.php?gid=506
[
阅读全文]
HereisasynopsisofwhatRonInsanasaid.
IamgoingtogowayoutonalimbhereMaria.Ithinkthiscreditcrisisisviralandit'sspreadingquicklyinallcornersofthecreditmarkets.
Wetalkedearlierthisweekaboutauctionratesonmunicipalbondswherewearehavingsomefailuresonauctionstakingplacewithbanksunwillingtotaketheoverflowwheninvestorsdon'tbuy.Wearegoingtohaveanothercrisisinmunisbeyondthebondauctionissue.
Ithinkul...[
阅读全文]
DeflationwarningOldebare
NEW2/16/200812:50:43PM Therearemanywarningsignsaboutwhetherinflationisrisingordeclining.Mostwarningscomefromshort-termdatathattendstocausedailyorweeklyknee-jerkreactionsinthemarkets.Theseshort-termreactionsgivevaryingmessagesaboutwhatisreallyhappeningtoinflation.
Inordertohavearealunderstandingaboutwheth...[
阅读全文]
Worstisyettocomemannfm11
NEW2/16/200811:57:45AM WhatDougwroteonthebottomofhispageisveryrevealingandamandatoryreadifyouaregoingtostaybearish.Infact,itisamoreimportantreadifyouarethinkingofbeingbullish.
IrecallthatDougclaimedasomewhatsuccessfulreflationinthesystemsometimearoundlate2002orearly2003.Heturnedouttoberight,butheneverqui...[
阅读全文]
Iamgettingafeelingthereisabouttobearunonthemoneymarketaccountsasthewritingisonthewallwiththefailureofthesemuniauctionsandtheinvestmentbanksbehindthemtobidtotaketheircustomersoutofthetrades.Aretheygoingtostepinandkeepthemoneymarketsatadollarfordollarredemption?Theminuteoneofthemdoesn't,thegameisover.
Iamsuspectingthatthestreetandthegovernmentarebuyingtimefortheratstogetoffthesinkingship.Thedeva...[
阅读全文]
Lawmakersurgeactiononstudentloanturmoil
FriFeb15,20089:24pmEST
ByKevinDrawbaugh
WASHINGTON(Reuters)-Twenty-onemembersoftheCongressonFridaywrotetoregulatorsaskingforurgenthelptostabilizethesecondarymarketforstudentloans.
Inanotherinstanceoffalloutfromthecrisisinthemortgagemarket,thelawmakersappealedtoTreasurySecretaryHenryPaulsonandEducationSecretaryMargaretSpellingstotakeswiftactio...[
阅读全文]
HowtoEarn20%inTax-FreeIncomeLastsummerwewererepeatedlytoldsubprimeproblemswouldnotspreadtoothermarkets."Theproblemswillbecontained,"proclaimedoneauthorityafteranother.Nowofcourseweknowthatthisisnotthecase.Thesubprimecontagionhasspreadtoallsortsofmarketsfarandwide.SmalltownsinNorwayhavelostmoneytosubprimeborrowersintheUS.Themostrecentdevelopmenthasbeeninaratherobscuremarketcalledtheauction-ratenote...[
阅读全文]
ACrisisofFaith
ByPAULKRUGMAN
Published:February15,2008
Adecadeago,duringthelastglobalfinancialcrisis,thewordoneveryone'slipswas“contagion.”Troublesthatbeganinafar-awaycountryofwhichmostpeopleknewnothing(Thailand)eventuallyspreadtomuchbiggercountrieswithnoobviousconnectiontoSoutheastAsia,likeRussiaandBrazil.
Skiptonextparagraph
Today,we'rewitnessinganotherkindofcontagion,notso...[
阅读全文]
ByebyeAmericanPie:studentsbecomethenextvictimsofthecreditcrunch
AndrewClarkinNewYork
TheGuardian,ThursdayFebruary142008
Americanstudentsborrowingmoneytogotocollegecouldbethenextvictimsoftheglobalcreditcrunchasinvestorsbackawayfromtraditionallylow-risksecuritiesbackedbystudentloans.
Astatelendingagencyhassuspendedloansunderaprogrammeservingstudentsatsome100collegesanduniversities....[
阅读全文]
CHUNG:ItallstartshereinBeijing.AChinesestudentor
scientistorbusinesspersonappliesforavisatogototheUS.
ThentheMinistryofStateSecuritystartsaskingquestions:What
canyoulearnintheStates?Willyoubeworkingwithcomputers?
WillyoubeloyaltoChina?Andmostimportantly,canyoube
patient?Eftimiadessaystheprospectivespiesaretrained,paid
andwarnedtostayintouch.'Remember,'theyaretold,'we'l...[
阅读全文]