Information Arbitrage – Preparing for and adapting to tomorrow’s world
Read Think Apply Plan Act.
(hat tip abnormalreturns.com)
Information Arbitrage – Preparing for and adapting to tomorrow’s world
Read Think Apply Plan Act.
(hat tip abnormalreturns.com)
Calculated Risk: Summary for Week ending January 8th
I sincerely hope my readers continue on to read the source articles of my posts. I always credit my sources and thank them all for providing content.
I do claim credit for the persnickety comments.

Why Is The US Taxpayer Subsidizing Facebook – And The Next Bubble? « The Baseline Scenario
If you don’t care about Facebook you will after reading this excellent article.

Amid persisting economic duress, worries rise about suicides – CSMonitor.com
Psychologists have long linked suicides to economic stresses such as unemployment or credit problems. The recent economic turmoil, in which many people have seen sliding home values, job loss, and evaporating savings, exacerbates the risk, says Nancy Zarse, an associate professor of clinical forensic psychology at The Chicago School of Professional Psychology.
Suicide is historically linked to economic downturns. The rate peaked in 1933, the height of the Great Depression, at 17.4 per 100,000 people, according to the American Association of Suicidology, which studies suicidal behavior and advocates prevention. That peak came one year after the US unemployment rate reached 25 percent, a stark contrast to the jobless rate of 0.04 percent just a few years earlier.
The suicide rate has never revisited that 1933 level, but it has increased this decade – from 10.7 per 100,000 people in 2000 to 11.5 in 2007, the last year tabulated by the Centers for Disease Control and Prevention. (Those latest figures predate the worst of the Great Recession.)

Surprise! IRS Audits Up 11% This Year
Read this wonderful post on how the Federal Budget deficit is getting reduced, one audit at a time.
According to the IRS, the agency audited 1,581,394 individual returns last year, up from 1,425,888 in 2009. Did the increased audits produce increased revenues? You bet. The IRS collected $57.6 billion in enforcement revenues in 2010, up from $48.90 billion in 2009. Enforcement revenues have grown dramatically from the $33.8 billion that was collected in 2001.
The Yawning of a New Era | workforce.com
America’s workforce is weary. Employees of all ages report feeling fatigued, stressed, burned out or depressed, brought down by a heavier workload, layoffs and an assortment of other adverse conditions workers feel they have little or no power to control.
The hamsters are starting to fall off their wheels.
All kidding aside, this is a serious management issue. So what’s a little fatigue. A plane crash here, a truck crash there right?
All we do is put risk on the books.
So what’s a little higher error ratio?
Too many scary charts to reproduce. Plus, in all fairness, you really should read Mish’s latest economic analysis from the source.
I debated whether or not this chart deserved to be a scary chart. Obviously I decided it was scary enough. Despite the lower cost of some stuff, deflation overall is not a good thing.
Economist’s View: FRBSF: Disinflation – It’s Not Just Housing
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