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Sunday, August 19, 2007

Subprime

The problem is at this point still quite isolated. Default rates are increasing only in the variable part of sub prime. And even there 85 percent of the loans are paid on time. What will this chart look like in 6 months?


Ezra Klein: Today's Housing Chart

Monday, August 06, 2007

The downside of diversity -

Robert Putnam, the author of Bowling Alone, finds that diversity in a neighborhood makes weaker ties. My visit to Altoona last weekend confirmed that.


The downside of diversity - The Boston Globe

Thursday, August 02, 2007