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Thursday, January 15, 2009

My First Video BLOG! This is the first good piece of news I have come across!



From Greg Mankiw's Blog: At right is the TED spread. It is a measure of risk in the financial markets, the difference between interbank loans and T-bills and is now below 1%. This news could not be more pleasant!


I'm still not totally convinced, but this is serious reason for optimism.

And then there is this piece on how uncertainty is falling.

http://www.voxeu.org/index.php?q=node/2785


I also read yesterday the commercial paper market is starting to unfreeze. This is great news.



video

1 comment:

econonerd said...

Krugman is still talking liquidity trap