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. 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. 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
Items from The Economatrix:
Recession Slows Some State Income Tax Refunds
Fed Downgrades View of Economy
Number of Adult Children Returning to Live with Parents Triple
New Car Prices Undercut Used Models
Moody’s Strips Buffet’s Corporation of AAA Rating
Is the US the Future Argentina?
Obama Says Economy Showing “Glimmers of Hope”
Seven Misconceptions About the Stimulus
Pentagon Preps for Economic Warfare
More People Scrap Gold Jewelry for Cash
Michigan Facing Economic Katrina if GM Files Bankruptcy
Obamarket Update #57: BMBS = PMBS + CMBS
Howard Ruff: Why I Prefer the Silver Lining
Wasting a Good Crisis: Result–$200 Oil