Surviving the Crash: Macroeconomic Blog Resource List

Comments

• rose-colored-coolaid

  June 2007

  http://www.marketoracle.co.uk/
  
  Based in UK, they have a different perspective. Interesting articles on the stock market, housing (US and UK), commodities, and interest rates.
• biliruben

  June 2007

  Angry Bear
  
  Slightly left of center US-centered economists. They tend to be the anti-spin for government misinformation; at least for the current administration.
• TJ_98370

  June 2007

  synthetic,
  
  This list is a keeper!
• synthetik

  June 2007

  Are you guys reading Market Ticker? If not, you should be - it's freaking awesome!
  
  Check it out:
  
  http://market-ticker.denninger.net/
• Jazen

  June 2007

  Man, it's like 1999 all over again, with a different flavor. Glad I learned from that mistake.
  Never again will I be a fool.
• EconE

  July 2007

  Here's where you can keep up on the Fed Indicators...
  
  http://www.newyorkfed.org/research/nati ... jul07.html
• Matthew

  July 2007

  Looks like Friday the 13th is going to be a big day: Import/Exports, Advance retail sales and business inventory!
  
  Tick, tick, tick!
• TJ_98370

  July 2007

  Synthetic - Maybe add the following:
  
  Housing Derivatives
• deeplennon

  July 2007

  "Fundamental" is spelled wrong in the Economic Calendar link.
  
  Great list.
• StevePDX

  July 2007

  I like http://interestrateroundup.blogspot.com/
• jillayne

  August 2007

  synthetik and all,
  
  THANK YOU for all the links. Last Friday I was up until 1AM trying to find a website that had only and all mortgage market crash news. Maybe I'll get to sleep earlier tonight.
• jillayne

  August 2007

  Here's what I'm searching for and can't find: A blog or website that provides publicly available data on which small to medium size companies are laying off or closing their doors. This would include data on industry related companies as well; vendors that relied on mortgage business such as title and escrow companies, and so forth. I'm concerned that all these job layoffs will affect the economy and no one's really talking about this. 7000 people last Friday in one city, but perhaps thousands more in smaller numbers, dispersed all over? I'm not sure. Yes, I go to ml-implode every day. Any other ideas?
• Nude

  August 2007

  jillayne wrote:

  Here's what I'm searching for and can't find: A blog or website that provides publicly available data on which small to medium size companies are laying off or closing their doors. This would include data on industry related companies as well; vendors that relied on mortgage business such as title and escrow companies, and so forth. I'm concerned that all these job layoffs will affect the economy and no one's really talking about this. 7000 people last Friday in one city, but perhaps thousands more in smaller numbers, dispersed all over? I'm not sure. Yes, I go to ml-implode every day. Any other ideas?

  
  Try the Bureau of Labor Statistics site... http://www.bls.gov/
• splitpderivative

  February 2008

  nychousingbubble.blogspot.com and prudentbear.com
• siddha99

  April 2008

  Taking the blue pill now.
• rose-colored-coolaid

  March 2009

  I recently heard Simon Johnson on NPR, and he seemed to have an excellent grasp on the current situation. He's a contributor on the following the baseline scenario
  
  Here's their general analysis of the situation, advice about what should be done, and predictions about what will be done and how that will play out.
  
  Johnson is a professor at MIT.
  
  From his radio interview, here's my summary of his arguments.
  
  1) Big banks must be allowed to fail/nationalized. He wants an FDIC style nationalization where the banks are re-privatized shortly after being seized. When doing this, every bank gets the same deal: investors wiped out, and leadership is dismantled with no payouts.
  
  2) Create a "bad bank". He was vehemently opposed to TARP. Don't buy bad assets off of banks, but when they do fail and are temporarily nationalized, some assets will be too toxic to liquidate until a later time. Use a bad bank to manage those assets and maximize proceeds from them. He thinks you might eventually get 40-50 cents on the dollar.
  
  3) Stand up to bankers. Basically, give regulators the authority to sit across from bankers and tell them "no, no, no" to demands for bailouts. He says this is the real key to the "Swedish Solution".
  
  4) Don't worry quite so much about the national debt. Ours is still lower (believe it or not) as percentage GDP than most developed nations (swaths of Europe and Japan specifically). Instead, worry about the efficiency of the bailout. He estimates we could spend between 10% and 30% of GDP fixing the financial system, and that our current strategy is closer to the 30% cost.