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The Numbers Tank

For the macabre amongst you here are today’s economic statistics:A Record Decline in October’s Retail Sales Not to put too fine a point on it: this sucks. I have to love the idiot comment part way down this article. An analyst, whom I will not name, says that we don’t seem to have ‘found the […]

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What to do Next?

The economic news is now a stream of bad, followed by worse, then followed by terrible happenings. There have been precious few, if any, bright signs, and I doubt that we’ll get anything positive until well into the first quarter of 2009. The employment outlook is getting worse by the day. Retail sales are collapsing: […]

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What to do With GM?

The conversation is now quickening. The topic is GM. I suppose in a broader sense the topic is actually what to do about American owned car companies since they are all suffering in one way or another. Here’s a New York Times story today to set the stage:News Analysis – G.M.?¢?‚¬?„¢s Troubles Stir Question of […]

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