The Radford Free Press – Page 254 – All life is problem solving.

Economics / bank reform, banking, consumer confidence, GDP, real estate, stimulus, wages /

Round Up, and Returns

February 27, 2012

I’ve been off line for a few days, so I ought to catch up with the news. Which, it turns out, isn’t really news at all. The economy is right where we left it. Chugging along at an unspectacular pace, adding jobs at a modest rate, growing, but too quickly, and exposed to the exact […]

Economics / Greece /

Greek Drama

February 21, 2012

My father in law was from Drama. Somehow it’s fitting that the Greeks gave us the best word to describe their situation. Dramatic indeed. Sometime, no doubt, a great many books will be written about this particular piece of drama. The news has been filled for so long with stories about the Greek economy being […]

Economics / construction, Greece, home prices, real estate, recovery, wages /

Building Confidence? Not in Greece

February 15, 2012

File this under small blessings: the index that measures real estate construction business confidence increased again. This is five straight months of gain. The mood of despair that marked so much of the last few years is finally, and very slowly, lifting. Please re-read that: the mood is changing very slowly. The index has now […]

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