Archive for October, 2009
End of the recession
U.S. GDP rises 3.5% as stimulus kicks in – MarketWatch.
I think today’s GDP number of 3.5% gain in the 3rd quarter marks the end of the current recession. For background, the economy contracted at a negative 6.4% rate in the first quarter of 2009, shrank 0.7% in the second quarter and now has turned positive.
According [...]
Nixon resigns!
Great video on Nixon before his resignation speech. Too bad that side of the guy did not come across to the public.
Can I return to writing this time?
I have been meaning to get back to writing here and over at the Shipping Stocks blog for what seems like a couple of months. It has been a couple of months. Reason: I have picked up writing assignments elsewhere where I get paid!
Along the way I have been thinking about in what direction I [...]
The truth about bankers
Check out this video from the Financial Times:
Banking with Bird and Fortune
“About the future of the world’s economy” Banker: “So long as it is about nothing important.”
Funny piece and probably pretty close to the truth.
HT: Felix Salmon
