Friday, January 23, 2009

Features of the week

We lead off this week's "Features" post with a new interview with Jim Chanos, plus a great deal more on the economy and the markets. Enjoy the show!

1. Hedge fund manager Jim Chanos on FT's "View from the Top".

2. "Washington confident it can forge recovery plan" - NY Times.

Given their recent schemes, I'm quite confident about their ability to cook up some ridiculous new spending plan. But what are the long-term effects on the economy? - ED

3. Can fiscal stimulus revive the US economy? - Frank Shostak.

4. Jim Rogers says, "let the incompetent people go bankrupt".

5. UK economy shrinks most since 1980, in recession.

6. Debating the right way to close Guantanamo Bay facility

7. In depth coverage of Obama's first hundred days -

8. How the recession is influencing divorces.

9. Difficult to tell if TJ Maxx is hit hard by recession -The Onion.

10. Global credit crunch has cost Arab nations $2.5 trillion.

11. Frank Barbera looks at the economy that Obama is inheriting.

12. Stratfor: the geopolitics of the next 100 years.

Did you know that readers of Finance Trends Matter are commonly cited as the most witty and fascinating members of their peer groups?

It's true! Okay, I inferred it...but why not let your friends be just as fascinating? Send 'em your favorite Finance Trends posts with the help of the "email post" icon below and you'll have lots to chat about.

Spread the word, and enjoy your weekend!


bmbull said...


If you think I'm "fascinating", you probably don't know me very well... :)


David said...

Oh, I beg to differ :)

Actually, I really do think that a lot of the people I talk to as a result of writing and blogging are some of the most interesting people around.

I'd like to get to know more of my fellow bloggers and blog readers in the future. I'll have to try and get out more to meet some of them face to face when/where I can!

bmbull said...

Re #2: They can forge all the recovery 'plans' they like. What they can't do is come up with something that will actually work, though they will keep trying. Then, when ample time has passed and sufficient debt/credit has been destroyed, things will start to get better -- just as they would have had the policymakers done nothing at all. And they'll all stand around and pat themselves on the back for 'fixing' the problem.

David said...

You're probably right, and items #3 and #4 speak to those points as well.

Incidentally, I don't know how many times Jim Rogers is going to have to repeat himself on these points, because the TV anchors keep acting like they don't know what he means...even though he's explained and updated his arguments, week after week.