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Gary Petersen

Reading Recommendation About Current Economic Conditions

I've seen the deck from a presentation recently that included some comparisons in financial activity between current times and 1929. The general, way too simplistic, takeaway I get from discussion like this is:

1. We don't know bad things will get before the start getting better.
2. We don't know how long it will take before that happens.

I'd like to become more informed about current economic conditions and decisions and about how they relate to conditions and decisions from the history of the United States. Does any one have suggestions on who is good at writing about this? What should I be reading to be better informed?

Thanks for any suggestions. Gary Petersen

Tags: conditions, depression, economic, economy, great, reading

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Hi Gary.

I hope you find this interesting...World Economic Situation and Prospects 2009

http://www.unctad.org/Templates/webflyer.asp?docid=10852&intIte...

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I like Paul Krugman. Also the Planet Money podcast is good for current analysis, and has covered things from a historical perspective from time to time. Hope that helps.

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Okay, so I'm over a year late "joining" this conversation. The thread is new to me, though, so I thought I would share a link to William Anderson's Krugman in Dreamland blog. Enjoy.

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Thanks for both replies. I'll investigate both suggestions.

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Gary,

Here are the the clearest and most simple explanations I've seen, in article / blog post form:

1. A Visual Guide to the Financial Crisis by Jess Bachman (wallstats.com)
2. The End of Wall Street's Boom by Michael Lewis (portfolio.com)
3. Inside Wall Street's Black Hole by Michael Lewis (portfolio.com)

Hope this helps!

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How about the book "The Predators ball" ?? This book is an eye opener about the way the equity market has been used to the advantage of a few individuals.

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Thanks for the links, Josh. The Michael Lewis articles, especially, were very interesting and illuminating reading.

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Hey I came across this video on the Presentation Zen blog. I find it really adds to the ones posted above. Informative and really really cool design.


The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

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Thanks for all the resources, folks. They've helped me out. Here are three blogs on the Wall Street Journal site that someone from the Journal recommended to me. They've provided useful information, too:

MarketBeat: http://blogs.wsj.com/marketbeat/
Real Time Economics: http://blogs.wsj.com/economics/
The Wallet: http://blogs.wsj.com/wallet/

Gary

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I realize that this is coming late, but I highly recommend calculatedrisk.com. Very thorough coverage and lots of stats on events as they happen. Good insight into housing and government intervention as well.

Cheers.

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Thanks for the suggestion, Nathan. I'll check the site out.

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Nathan, I took a look at the site you recommended. It appears to be just a list of sponsored links, some of which appear to be get rich quick schemes. I don't see the thorough coverage and stats you mention. Where are they hiding on the site? Thanks, Gary

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