Monday, 9 March 2009

Alice's bubble wrap

Lloyds shareprice falls after nationalization

"Lloyds Banking Group Plc fell as much as 14 percent after the U.K.’s biggest mortgage lender ceded control to the government in return for state guarantees covering 260 billion pounds ($367 billion) of risky assets."

The Environment is the new Banking

Brown Expects 400,000 New Environment Jobs in U.K

Being beastly about FDR and the Keynesian narrative

A nice discussion about that old fraud - Keynes - from Samizdata. There are also some nice links to other articles. Read and learn.

The dow in real terms

There are a couple of charts flying about looking at the Dow, adjusted for inflation. Here is one such chart from Capital Chronicle. The key point appears to be that the current Dow crash is, in historical terms, one of the biggest.

Fly-to-let

You have heard of buy-to-let; well here is fly-to-let. It is "the one stop, one click, one source for information and advice for overseas property investors." I thought I had seen the last of these overseas property ramping sites.

The 10 Major Newspapers That Will Either Fold or Go Digital Next

More good news for bloggers. This story is from Time and covers US newspapers, but the basic point applies here in the UK. Print media is dying.

Galloway stoned in Egypt

I am feeling a little guilty. I enjoyed reading this story.

Irish jobless, property and credit data worsen

This story is about a month old, but it neatly summarises the extent of the crisis across the Irish sea.

Gender as social construct

Can anyone remember the importance of yesterday? This article from Stumbling and Mumbling gives a hint.

5 comments:

Seema said...

It was International Women's Day.

Sackerson said...

"The key point appears to be that the current Dow crash is, in historical terms, one of the biggest."

I regard the crash as having started in 2000, not 2007 as Chart of the Day labels it, so to me it's in its 10th year, with maybe 5 - 10 years to go, ignoring bear market rallies. And adjusted for CPI, the '66 - '82 drop was still far worse than what's happened so far this time.

http://theylaughedatnoah.blogspot.com/2009/02/how-long-will-bear-market-last.html

aSteve said...

"Gender as a social contract?" Uh, what? It doesn't even make sense as a concept. As far as the article goes, Uh?!?! Anyone who thinks girls are less competitive than boys is clearly measuring competitiveness the wrong way. Of course, I'd expect both boys and girls from single-sex schools to be more aggressive - there is a plethora of research that confirms the tendency.

P.S. Lloyds Group was up 4% on the day following its effective nationalisation over the weekend.

dearieme said...

"Brown Expects 400,000 New Environment Jobs in U.K" Oh no he doesn't.

fajensen said...

"Brown Expects 400,000 New Environment Jobs in U.K" Oh no he doesn't.

Oh Yes he does: I see 400,000 litter collector positions coming right up - picking up dog shite will keep ya off the dole laddie!