Elsewhere on Thursday,
- Devaluations throughout history.
- Forget the dwarves – Wall Street this is how to do it!
- “The endless [Chinese] acquisition of US currency is unsustainable.”
- Irish tax lawyers are smiling.
- You can forecast Black Friday from outer space.
- And why should the Fed be in the “debt maturity business“?
- You can thank the FBI for at least one thing.
- The cognitive cost of expertise.
- The gold standard and the cost of capital.
- Mortgage misteps “extend past” securitisation.
- Further, further (foreclosure) reading.
- Chart du jour, how solvent is your state? Via The Economist:
