CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Saturday, October 25, 2008
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
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- U.S. Greenback Reached A 2.5 Year High Yesterday
- Libertarian Candidate Bob Barr Makes His Case
- Traffic Volume Declines in August by Record 5.6%; ...
- Unbelievable McCain Vs. Obama Dance-Off
- Some Healing in the Housing Market: The 5.5% Septe...
- Despite 1.5% Target, Fed Fund Rate Is Below 1%
- Inflation Expectations Plunge By 2% in 4 Months An...
- Markets in Everything, South Florida Edition: Vult...
6 Comments:
Once again, the free market knows best! Exodus already priced in.
xpatUSA
Would you want to move to Detroit?!
One-way 26-foot Penske truck rental quotes for 11/1/2008:
1. Charlotte,NC to Miami,FL:$179
2. Miami,FL to Charlotte,NC:$971
What's the point?
The Miami/Charlotte ratio (5.42) exceeds the Detroit/Dallas ratio (3.55).
Volvo plunged the most in at least 19 years in Stockholm trading. The Gothenburg, Sweden-based company won just 115 European orders in the third quarter, down from 41,970 a year earlier. Soedertaelje, Sweden-based Scania slipped 8.9 percent to a four-year low.
http://www.bloomberg.com/apps/news?pid=20601085&sid=aO.6gmKbBBJ8&refer=europe
Good ticket to BK, amasing how that supply demand modle works.
anon 7:21
"1. Charlotte,NC to Miami,FL:$179
2. Miami,FL to Charlotte,NC:$971
What's the point?"
hasn't miami been hit with massive foreclosures? thus, the exodus.
i wonder what the stats for stockton california are?
"Politically, the city consistently supports the Democratic Party in state and national elections (local election are nonpartisan). According to a study released by the Bay Area Center for Voting Research, Detroit is the most liberal large city in America, measuring only the percentage of city residents who voted for the Democratic Party." (Source - Wikipedia).
Ahhhh~~ that's the word I was looking for - "the most liberal large city." Liberals never fail in screwing everyone. :) And the idiots keep electing the same liberal politicians into office. Like the old adage goes - people deserve the government they elect.
P.S. This is the preview of what's coming IF the secular-socialist Barack H. Obama (D-IL) gets into the White House.
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