Friday, November 6, 2009

Some news items of interest

Goldman Sachs predicts sharp increase in price of food and oil.

http://www.guardian.co.uk/business/2009/nov/01/goldmansachs-population

Stimulus creates 640,000ish jobs (yay!) at a cost of $320,000ish apiece. Can't wait for that legendary fed.gov efficiency to be unleashed on health care.

http://globaleconomicanalysis.blogspot.com/2009/10/obama-creates-640329-jobs-at-cost-of.html

Audio clip from the BBC about the possibility of rising inflation as the next crisis.

http://www.bbc.co.uk/iplayer/episode/p004t22j/Business_Daily_The_Next_Financial_Crisis/

US housing "recovery" entering bubble territory.

http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/6448978/US-housing-recovery-in-bubble-territory.html

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