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: 2012 » 04/2012 » 04/18/2012
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A fábrica está fechada – o pódio está aberto

  Porto Alegre mayoral candidate Manuela D’Avila

America’s Power: Salsa Todd

Now’s the time to stand up for the benefits of affordable, abundant, secure, domestic energy. It’s the thing that keeps small businessmen like Todd going. By shutting down that flow of that energy, the war on coal has become a war on small businessmen like Todd.

Notes From Peter Thiel Lecture on Startups

"Startups are important because they are small; if the size and complexity of a business is something like the square of the number of people in it, then startups are in a unique position to lower interpersonal or internal costs and thus to get stuff done."

Falling rates do not overcome opacity of Vietnamese NPLs

Despite myriad reassuring market signals, namely improved dong sentiment (evidenced by the absence of premium on unofficial USD/VND and an expected continued surplus of over USD2bn in the country’s balance of payments despite a likely [petrol fueled] customs trade deficit widening given an improving structural flow [i.e.

Falling rates do not overcome opacity of Vietnamese NPLs

Despite myriad reassuring market signals, namely improved dong sentiment (evidenced by the absence of premium on unofficial USD/VND and an expected continued surplus of over USD2bn in the country’s balance of payments despite a likely [petrol fueled] customs trade deficit widening given an improving structural flow [i.e.

China's Problematic Coal Plan

To improve the credibility of China's recently announced coal plan, Beijing should seriously consider fundamentally overhauling its statistical reporting system.

Lawler: Evaluation of Gross Vacancy Rates From the 2010 Census Versus Current Surveys

CR note: This is an important topic on trying to understand the number of excess vacant housing units in the US. Unfortunately the various surveys do not match up with the decennial Census data. It appears the vacancy rates in the HVS survey are way too high - yet this is the data most analysts use to estimate the excess number of vacant housing units! In other words, most reported estimates are way too high. The good news is the Census Bureau is trying to understand why ... From economist Tom Lawler (Lawler identified this issue and pushed for this review):

Local Home Builder: "Spring selling season is off to a great start"

From Jon Lansner at the O.C. Register: O.C. builder Lyon Homes orders soar 89 Builder William Lyon Homes of Newport Beach says it's had a quick business revival as it exited bankruptcy. Highlights for Lyon — building in California, Nevada and Arizona — for the three months ended March 31: • New home orders: 321, up 89% vs. a year ago and first 300-plus orders since 2008?s 2nd quarter. (Southern California sales were up 20%.)

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