Two stories from an excellent investment blog: Crossing Wall Street

The core CPI dropped 0.2% last month... first (real) drop in prices since 1982:


What does that mean?
I assume it's a blip... rather than real deflation ahead.

Second story... the US is only 20th in debt/GDP ratio at 96%.

www.crossingwallstreet.com/archives/2010/02/the_worlds_bigg.html

I still have my copy of "Bankruptcy 1995" from back in the day. I knew that was crap (extrapolate the worst numbers possible out into the future... gasp!), and even though things are worse today, it's still an over-reaction.

That said, it's great to see America reacting BEFORE we become some POS European country.

QOTD

"We'll make a pot of coffee
And you can rest your shoes
And you can tell me them sweet lies
And I'll listen to you
For I'm just a little part of
Of the life you've lived
But I'd rather have a little bit of trouble
Than to never know the love you give"
- "Hello Trouble" by Buck Owens... excellent off the "Crazy Heart" soundtrack

I heart "Crazy Heart".
I gotta go back and change that review to 4 bill-stars. 3 bill-stars... what an idiot!

The soundtrack is 5 bill-stars.
hello bikini trouble... yow, bill

Labels: investing, qotd