Niall Ferguson: There Will Be Blood…!

Today’s Globe and Mail has an interview by its economics reporter, Heather Scoffield, with Harvard Professor Niall Ferguson regarding the current financial crisis. In what is frankly a pretty depressing assessment of the crisis, Ferguson suggests:It is bound to...

Friday Economic Blues

The December job loss numbers are not pretty and the markets are down. A good summary at MarketBeat and particularly nice graphics at the NYT (the charts are linked by animation at their site).

Speechless

This does not bode well. Fed Statement is here. Coverage: New York Times Wall Street Journal Paul Krugman's Blog Bloomberg