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DUBAI DEBACLE – Market Nut A collection of links related to the Dubai financial debacle (tags: Dubai debt default) The collapse of an economy that was built on sand – The Independent In the years of the boom, Dubai set about building with an ambition that would have made even Ozymandias blush. (tags: Dubai debt … Read more

Swiss franc falls on reports of central bank move – Yahoo! Finance The Swiss franc fell Thursday on reports that the country's central bank intervened in foreign exchange markets to stem the export-sapping appreciation in the currency. (tags: Swiss_franc currency) Dubai debt delay rattles stock, bond markets | Reuters Shares in banks, builders and companies … Read more

The Debt Buildup The federal government's debt, stoked for years by deficit spending, has surged because of the economic crisis…when interest rates begin to rise, the government will face problems similar to those of homebuyers who took out teaser rates that jump after one or two years. (tags: debt deficit govt_spending)

Mismeasuring inflation « Inflation Watch As was the case in 2007-08, there is a discrepancy between the Case-Shiller index and the owners’ equivalent rent component of CPI, but this time the mismatch causes inflation to be under-reported rather than over-reported. (tags: housing inflation) China should stop property stimulus now -c.bank paper – Forbes.com China should … Read more

Fundamental Factors Affecting the Gold Market Interesting summary of the fundamentals supporting higher gold prices from David Hightower, President Hightower Report. Video posted on CME Group educational videos (http://www.cmegroup.com/education/videos.html) (tags: gold)

Japan's Latest Economic Ailment: Deflation – TIME While much of the rest of the planet frets about a coming rise in inflation — a consequence of economic recovery, massive stimulus spending and a weakening dollar — Japan faces the opposite problem: a potentially devastating bout of deflation. (tags: Japan deflation GDP)

A tale of two American economies – The Globe and Mail The smaller one is slowly recovering, but the larger one is still in a deep downturn (tags: recovery recession Nouriel_Roubini GDP)

First Solar Exec Gaffney Leaves; Profit Hit On Severance – Tech Trader Daily – Barrons.com (tags: First_Solar cadmium_telluride earnings) Housing Slump May Worsen Next Year, Not Get Better – CNBC.com Sales of existing homes will peak in the final quarter of 2009, then begin a year-long slide, which is likely to be a sharp one, … Read more

Stocks Overvalued, Recession Will Return: Meredith Whitney – CNBC.com Stocks are overvalued and the US economy is likely to fall back into a recession next year, well-known analyst Meredith Whitney told CNBC. (tags: Meredith_Whitney) Incentives, Falling Cost and Rising Demand in China's PV Market – Renewable Energy World …solar PV is starting to increase its … Read more

FHA cash reserves fall below legal limit – washingtonpost.com The Federal Housing Administration's cash reserves have shrunk to a level far below what is required by law, and the agency could need taxpayer funding if worst-case scenarios play out, according to an independent audit designed to measure the agency's financial soundness. (tags: FHA housing mortgage) … Read more