Wednesday, June 15, 2011

Wednesday Links

DIY Weapons of the Libyan Rebels

WSJ: China Turns Net Buyer of Treasurys

Why Groupon Is Poised For Collapse. As critical as I am of Groupon, the slam dunk case is to sign up with Groupon if you’re going bankrupt. I strongly encourage every business that is about to go under to call Groupon. (Don’t tell them Rocky sent you.) It makes total financial sense—as a Hail Mary play. If you’re lucky, the upfront cash will be enough to help you stay afloat. If not, well, you were already going out of business.

This is too funny. I call it: Dude, Where's My Startup?

Hulbert: "In fact, the behavior of various sentiment indexes in recent months is disturbingly similar to what has happened on the occasion of prior bull-market tops."


EconomicDisconnect said...

LOL on Groupon, and the Greek bailout idea is spot on. PRETEND.

CP said...


Maybe this is naive, but I think the market is going to figure it out soon, too.

Isn't that kinda what happened in 2008?

They kept proposing all these SPVs and good bank bad bank nonsense.

But the losses have already happened, and the question is: