Saturday, January 22, 2011

How the Recession Changed Us - What a difference two years makes.

[mEDITate-OR:
think that things are going right along, normally...
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Well, maybe for you they are.
But for U.S. it would appear, in the Atlantic, that they are not.
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You need to got to the Atlantic article site to see this full size.
Amazing.
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How the Recession Changed Us
- What a difference two years makes.
http://assets.theatlantic.com/static/coma/images/issues/201101/numbers.jpg
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Friday, January 21, 2011

Pouring gas on an economic recovery + Gas prices high - and might get higher = Gasoline prices have climbed 14% in the past year.

[mEDITate-OR:
have that sinking feeling....
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Not only have gas prices - crude & @ pumps -
but they may go a lot higher, soon
China may cause this, literally, all by themselves.
What that will do to U.S. is not exactly known.
But, if what happened last time is any indication
we are in for real economic trouble.
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chart_gas_prices.top.jpg
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chart_pain_pump.top.gif
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Pouring gas on an economic recovery
http://money.cnn.com/2011/01/21/news/economy/thebuzz/index.htm
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Gas prices high - and might get higher
Gasoline prices have climbed 14% in the past year.
http://money.cnn.com/2011/01/21/news/economy/thebuzz/index.htm
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Oil's future is in deepwater drilling
http://money.cnn.com/2011/01/11/news/economy/oil_drilling_deepwater/index.htm?iid=EL
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Tuesday, January 18, 2011

China: The new landlord of the U.S. + Foreigners bought more U.S. debt in November + Why China matters

[mEDITate-OR:
remember, with fondness
"There's an old adage,"
"If the bank lends you a thousand dollars, the bank owns you.
But if the bank lends you a million dollars, you own the bank."
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chart_chinas_us_stake.top.gif
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chart_debt_ceiling.top.gif
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MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES In billions of dollars
HOLDINGS 1/ AT END OF PERIOD
Nov Oct Sep Aug Country 2010 2010 2010 2010
------ ------ ------ ------ ------ ------ ------
China, Mainland       895.6   906.8   883.5   868.4   
Japan                 877.2   875.0   862.1   833.8    
l Exporters 3/ 210.4 213.9 221.5 217.8
United Kingdom 2/ 511.8 478.5 459.8 450.3 Brazil 184.4 177.6 175.6 165.1 Carib Bnkng Ctrs 4/ 146.3 133.8 144.7 159.7
Taiwan 131.1 131.2 130.0 130.2
Hong Kong 138.9 139.2 135.9 137.8 Canada 134.7 124.0 114.3 102.7 Russia 122.5 131.6 128.5 129.0 Switzerland 100.6 101.3 103.6 106.6
Germany 60.4 60.1 59.7 58.7
Luxembourg 81.0 77.5 85.2 78.0 Thailand 65.7 66.2 64.0 60.9 eingapore 59.4 63.6 53.9 52.7 Ireland 42.6 41.4 44.0 42.0 Korea, South 41.5 41.1 40.4 41.6
France 32.6 36.1 35.1 37.8
India 40.7 41.1 41.0 39.0 Egypt 34.2 34.9 35.0 33.6 Mexico 32.7 34.9 37.0 36.2 Turkey 28.9 27.6 27.6 29.5
Norway 19.7 18.7 18.8 18.2
Poland 24.7 26.3 25.9 24.1 Italy 20.9 21.0 21.5 20.9 Colombia 20.9 17.3 16.8 17.0 Israel 20.5 17.9 17.6 16.4 Belgium 15.7 15.7 16.2 34.3
Malaysia 11.7 11.6 11.5 11.7
Netherlands 14.7 14.6 15.7 17.7 Sweden 14.1 15.0 14.4 15.7 Chile 13.6 13.6 13.2 13.2 Philippines 13.5 12.9 12.9 13.7 Denmark 12.8 12.5 13.0 12.9 Australia 11.1 11.8 14.1 11.7 All Other 159.7 161.1 163.2 165.8 Grand Total 4346.8 4307.3 4257.1 4204.7 Of which: For. Official 2824.9 2845.9 2811.0 2763.0 Treasury Bills 499.2 531.3 495.4 486.9
T-Bonds & Notes 2325.7 2314.6 2315.6 2276.1
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G-20 nations at a glance
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China: The new landlord of the U.S.
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Foreigners bought more U.S. debt in November
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Why China matters
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