Six Flags Files for Bankruptcy DealBook Blog – NYTimes.com
Next, the Retirement Bubble Barrons. The coming generational storm is going to hit the U.S. as it already has countries like Japan, Germany and Italy. This article offers a potential solution for individual retirees.
Paul Krugman’s fear for lost decade Will Hutton, Guardian
North Korea responds to UN with nuclear threats FT
Where Are We Now? Five Point Summary Simon Johnson. This sums up quite well where we stand in the U.S. economy at present.
Most Livable Cities in the World: The U.S.? Not So Much. Paul Kedrosky
US cities may have to be bulldozed in order to survive Telegraph. I already linked to this story at the bottom of the last post, but it is a good read, so here it is again.
Greenland Ice Sheet Melting Faster Than Expected; Larger Contributor To Sea-level Rise Than Thought Science Daily
A conversation about the growing fiscal deficit on Charlie Rose Credit Writedowns
Iran: Ahmadinejad wins, violence erupts on the streets Credit Writedowns
Antidote du Jour:
Ouch! Not an antidote.
Yes how is that an antidote? I suppose one might regard it as an invitation to stoicism.
To the my left, cupidity. To my right, reality. Twixt the two, instability, trending toward turbulence.
. . . Another day in paradise.