I heard about this piece over at the Dr. Housing Bubble blog: Marketing Consumerism in the Boom and Bust Economy: Four Advertisements Showing the Shift in Consumer Buying Habits: Pizza, Airlines, Real Estate, Toxic Assets, and the Simpsons [1]. The bit about Homer Simpson’s home equity line of credit (HELOC) was priceless.
Eric H. flagged this one: Chinese re-embracing Marx and Mao in face of economic woes [2]. Eric’s comment: “So much for all those ‘relax, they are becoming more like us and our differences are disappearing’ stories we were told in the past decade or so.”
HPD alerted us to a piece in Mish’s Global Economic Trend Analysis: Close Look at the Accelerating Rate of Unemployment [3]
Items from The Economatrix:
Recession Slows Some State Income Tax Refunds [4]
Fed Downgrades View of Economy [5]
Number of Adult Children Returning to Live with Parents Triple [6]
New Car Prices Undercut Used Models [7]
Moody’s Strips Buffet’s Corporation of AAA Rating [8]
Is the US the Future Argentina? [9]
Obama Says Economy Showing “Glimmers of Hope” [10]
Seven Misconceptions About the Stimulus [11]
Pentagon Preps for Economic Warfare [12]
More People Scrap Gold Jewelry for Cash [13]
Michigan Facing Economic Katrina if GM Files Bankruptcy [14]
Obamarket Update #57: BMBS = PMBS + CMBS [15]
Howard Ruff: Why I Prefer the Silver Lining [16]
Wasting a Good Crisis: Result–$200 Oil [17]