Not suprisingly, I guess, a lot of people are pretty down on the US these days and calling for economic malaise — with prognostications running from “slower growth” (Bush administration) to “Greater Depression” (most of the tin-foil hat economic blogsters). While, there seems to be an “argument” between [Continue]

One of my alert readers sent this story in to me this weekend. He had guessed that I’d already seen it, but frankly all i saw was the inside of my eyelids this weekend. Curious that the stated inflation rate in UY is running at greater than 2x that of the states and yet the exchange rate [Continue]

…it’s a DE-flation…in your Standard of Living!!! While not everyone yearns for the nostalgia of yesteryear, lately keeping pace seems to be taking more and more of a toll. Luckily for most Americans, whose wages have been stuck in neutral the last several years, the Fed informs us that there is no meaningful uptick in “core [Continue]