John Rutledge Twitter Posts on 2009-03-05
- The 91-day t bill rate, rose by 1396 basis points in Q3 to 24.58%–in Ghana. Just knew you were dying to know that. #
- “There Is No Deflation Threat In Europe” – Jean Claude Trichet … What an idiot. #
- @jonnytheheat Thanks for the great article on the precarious Austrian banking system. http://bit.ly/4Dbww in reply to jonnytheheat #
- @gmlogmd Kevin. Absolutely right. China and India are dominatinbg global growth. Europe is a pleasant museum with good wine. US next? in reply to gmlogmd #
- Senior North Korean and UN military officials met today for the first time in nearly seven years. (small movement in the right direction) #
- Oped in India calling for govt to get spending under control. (deficit 10% of GDP, smaller than ours). http://bit.ly/J68Fu #
- Administration’s budget expects to raise $646 billion in “climate revenue” by 2020. IThis will raise the price on everything people consume. #
- Good article in today’s IndiaTimes on India’s GDP growth. http://bit.ly/qHt4N Very important to keep growth there strong to reduce poverty. #
- India Q3 GDP growth (Oct-Dec 2008; they call it Q3 in India. Don’t ask why) 5.3%, service sector (57% of GDP) 9.8%, agriculture -2.2%. #
- Canada’s Q4 2008 GDP contracted at the fastest rate since 1991, falling at a 3.4% q/q annualized rate. (About half as bad as US) #
- Japan May Launch Interceptors to Counter North Korean Missile Test. Not so good. #
- US says envoy has ’substantive’ talks with China on NKorea. A little movement in the right direction. #
- Q4 Swiss GDP contracted by only 0.3%. #
- France’s budget deficit will swell to 5.6 percent of gross domestic product in 2009–about half of ours. #
- ECB will cut its benchmark interest rate 50 basis points tomorrow, to 1.50%, the lowest level in the EMU’s 10-year history. Go ECB. #
- I will do a live Fox Business spot 4PM EST tomorrow. Topic will be my visit to North Korea last week. #
- The economic crisis is NOT just in the US. Feb global manufacturing PMI chart. http://twitpic.com/1upqn #
- @tgiovanetti Tom, that’s where I pulled it from. Gonna post your piece on my blog with a l ink. in reply to tgiovanetti #
- @steveweber and they called it a strategy I bet. in reply to steveweber #
- @Mike_in_Bama Every day, Mike. in reply to Mike_in_Bama #
- U.K.’s Brown Urges Global Supervision of Banks. By those same guys at the UN who managed the oil for food program? I don’t think so. #
- France, Germany seek new steps against tax havens. Flash-Germany’s gestapo tax collectors made sure hasn’t been a tax haven for a long time. #
- Wall Street Journal headline “Geithner Warns About Deficits”. Are they kidding? #
- NBA’s Timberwolves to slash season ticket prices. Smart move. Businesses today should do everything in their power to avoid raising prices. #
- JFK 1963, “largest single barrier to full empl and higher growth is the drag of fed income taxes on purch power, initiative and incentive.” #
