Geologist Bets on $70 Billion Oil Find Chasing Atlantic Drift
Why Do Protests Bring Down Regimes?, What Egypt learned from the students who overthrew Milosevic
Hong Kong’s Budget May Boost Handouts, Increase Land Supply, ECB Officials Signal They May Support Raising Interest Rates
Homeowner forecloses on Wells Fargo office, becomes folk hero
More Companies Plan to Put R&D Overseas
Chicago Economist’s ‘Crazy Idea’ Wins Ken Griffin’s Backing
The Lost Art of Pickpocketing
Great link fest Emmie! I love the Goth Homeowner foreclosing on his local WFB branch story! . . .
ReplyDeleteGive me some ideas!
Thanks for the linkfest, emmy.
ReplyDeleteLooking forward to great reading this weekend.
@Emmauel,
ReplyDeleteThank You for the linkfest. Great reads always.
India's budget coming up next week and look for lots of handouts there too. Railway budget came out this week and LOT of spending. More inflation coming up the pipeline.
Some company in Calgary is looking for oil in the Australian outback. I saw this story in the Globe and Mail several months ago. "A Calgary company believes it may be sitting on a huge oil find in the Australian outback" - Rodinia oil corp. Google it because I don't think you can read it free now. This is either a star or a dud. The company thinks it may be sitting on 126 billion barrels of recoverable oil. But they are drilling first well in March. This is totally speculative!
ICan
"Gates Warns Against More Wars Like Iraq and Afghanistan - NYTimes.com". www.nytimes.com/2011/02/26/world/26gates.html
ReplyDelete"In my opinion, any future defense secretary who advises the president to again send a big American land army into Asia or into the Middle East or Africa should 'have their head examined', as General MacArthur so delicately put it"
ICan
ICan - couldn't agree with that quote more! Let that part of the world handle it's own affairs.
ReplyDeleteObviously, the people seem to be able to handle their own move toward democracy
Thks Emmy.
ReplyDeleteAlso about China, some words of wisdom :
"It's definitely necessary to raise the threshold of personal income tax. The main source of tax should not come from low-income groups, but the rich," said a post by "Guangzhou Lawyer" on Sina.com, one of many in support."
Chinese Premier brings life stories and hard news to public chat.
I guess most fellows here will agree.;)
Thanks for the link to that Chicago Economist. Gives me hope for the Chicago Econ School again and economists 'in general.'
ReplyDelete-AT
Wolfie - Mao must be spinning in his grave
ReplyDelete@Rock,
ReplyDeleteWhat are your thoughts on market after QE2 wraps up around the end of June. Lot of debt-refinancing coming up in the U.S. I saw a figure at Ritholtz's blog last year, can not remember the exat number. If there is no QE3, interest rates will have to go up. General public does not want QE3(elections- Republican win tells us that). If there is no QE3 then housing, stock market, commods, precious metals, will come down unless someone like Japan or ECB prints.
People in the developing world want your life-style so the regimes in Asia, Africa and the Middle East will have to subsidise food. China has lot of U$D, so they can do that. What ahout others if they already have too much debt?
I would appreciate your thoughts on this. Thanks.
ICan
Shopping today at the outlet mall - place is busier than I've seen it in years.
ReplyDeleteFewer Chinese than I can remember too. Have always thought that strange. That they would come here and shop for clothes made in China.
$4.xx gas is here now too :-(
ReplyDeleteChina blocks access to LinkedIn
ReplyDelete@Emmy,
ReplyDeleteThe futures -ag. commods, oil, gold up.
ICan
Thor, are you at the oscars?
ReplyDeleteGreg - Hah, no, I'm in Palm Spring this weekend. I do live about half a mile from them though :-)
ReplyDeleteActually Palm Springs is probably better. The show is kinda boring this year. The opening was the best thing so far.
ReplyDeleteWe've been without a TV all weekend. I can't remember the last time I went without this long. Thank god for the internet. God, what did people do before TV? My god, they'd have to have talked to each other!! The horror! ;-)
ReplyDeleteSeriously, I often wonder how I did without certain modern things. Cell phones for one - you called someone and usually left a message. Remember maps? And asking someone for directions? Or looking up the movies in the paper?
ReplyDelete@Emmanuel117
ReplyDeleteGreat articles. Good reads, all.
The article on moving R&D offshore is incomplete. Because profits are moving offshore, it is imperative to move R&D there as well, because as we all know in the US under GAAP, R&D is an expense item.
Keeping the expense on-shore is financial-reporting suicide.
The other thing about the general reduction in violent crimes that article failed to mention is that it is one of the several unintended consequences of Roe vs. Wade.