I often look at the Fed's Mortgage Maps of America to cheer myself up(?). Had a look today to see if there were any green shoots, and find that prime and subprime still aren't looking good. Prime customers in default over 90 days compared with six months ago (green means it's getting better, red means…
I often look at the Fed's Mortgage Maps of America to cheer myself up(?). Had a look today to see if there were any green shoots, and find that prime and subprime still aren't looking good. Prime customers in default over 90 days compared with six months ago (green means it's getting better, red means…
I just discovered an interesting part of The Economist I never knew existed: the Daily Chart. Yesterday's focused upon how much of the economic stimulus created by governments to get economies moving is going into projects that have green credentials. Here's the chart: Interesting. The day before was how much protest has taken place at…
In a shocking slap-in-the-face to anarchists and anticapitalists everywhere, bankers staged their own candlelit vigil outside the G20 meeting at the Excel Centre overnight. With all the extremists locked up safely in bed, the bankers gathered in a large crowd chanting things like “we want our bonuses and we want them now”, as well as…
In a shocking slap-in-the-face to anarchists and anticapitalists everywhere, bankers staged their own candlelit vigil outside the G20 meeting at the Excel Centre overnight. With all the extremists locked up safely in bed, the bankers gathered in a large crowd chanting things like “we want our bonuses and we want them now”, as well as…
In a shocking slap-in-the-face to anarchists and anticapitalists everywhere, bankers staged their own candlelit vigil outside the G20 meeting at the Excel Centre overnight. With all the extremists locked up safely in bed, the bankers gathered in a large crowd chanting things like “we want our bonuses and we want them now”, as well as…
I just received this email from Corporate Watch and, for those in London this week, reproduce all details here so you are aware: The leaders of the world's 22 largest economies are meeting in London this week to 'restore confidence' in the failed capitalist system. Meanwhile, banks and companies in the City are being boarded…
