Brazil’s economic turndown in one easy-to-understand chart: When emerging markets collapse.
New York Mag to Writers: You’re Keeping Your Jobs, Getting a Pay Cut: So much for sticky wages.
Scared Yet? Chait on WSJ scare quotes. "A mundane fact–say, Paul Gigot taking a colleague to dinner–translated into Journal editorial-ese would be rendered, "Wall Street Journal editorial page ‘editor’ Paul Gigot recently patronized a ‘legitimate business establishment’ with his ‘associate.’""
4.9Gt CO2e traded in 2008 – up massive 83% on previous year: And the value of those carbon emissions rose even faster, thanks to rising prices. Still, total volumes are small, at just over $100 billion.
The Bailout Game: Viral meme of the day.