How to Devalue Your Brand, Greg Mankiw Version Ken Houghton, Angry Bear
The next (but not new) frontier for sovereign default Carmen Reinhart, VoxEU. Another intriguing finding of her and Kenneth Rogoff’s study of 300 years of financial crises (although she could take this data series back only to 1914).
The Systemic Effects of Countrywide Going Bust… Nouriel Roubini
Foreclosures and More Bankruptcy Filings Bob Lawless, Credit Slips
Raise Margin Requirements NOW! Cassandra Does Tokyo. As always, apt and funny.
Antidote du jour: