China Blocks Access to iTunes Store Wired.
China’s Olympic Sized Bust Michael Shedlock. Not surprising. The locals deserted LA and Sydney during the Olympics and the tourist influx was less than the exodus (although at least in Sydney, the natives who stayed partied).
U.S. and Global Economies Slipping in Unison New York Times and World must brace itself as the US banking sector ‘fesses up’ to losses Telegraph
In Defense of the Rating Agencies — III David Merkel
Do Cancelled and Overbooked Flights Reduce the Quality of Air Travel? Dean Baker. Baker joins Ritholtz on the notion of “dedonics” (without using his coinage).
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