Finance

The Debt Ceiling Debate, Illustrated

D…………………………..R …D………………………..R ……D……………………..R ……….D………………….R ……………..D……………R …………………….D…….R ………………………FU….R They’ve F’d us all. Thanks! — TF

Third Depression Watch – NYTimes.com

When Paul Krugman is worried, I get worried. Ru-roh, Raggy!   “We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression.” Link to full article: Third Depression Watch – NYTimes.com.

China/US, Funds/Food

Great Article:   Via Forbes:   China As America’s Banker, America As China’s Farmer: Malthus Was Right – Agustino Fontevecchia – Moral Hazard – Forbes.