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Daily Archives: March 2, 2009

Paradox of thrift

Personal savings rate jumped at the time when consumption is most needed.

(graph courtesy of calculatedrisk; click to enlarge)

Bad Banks vs. Nationalization

I don’t know how many nationalization pieces I have posted recently, but that’s the thorny hotly debated issue right now. Here is another piece about 1 month old, but it has some lively discussions, plus, it included Catherine Mann of Brandeis IBS in there.

Roundtable on nationalizing the banks

link to the video (about 20 mins)  (source: ABC)