Serial Correlation

A whimsical journey through the capital markets and other topics that bemuse me. I will attempt not to correlate well with the topics covered by my blog roll but I promise nothing as it is a very comprehensive list of financial and economic commentary.

Sunday, June 27, 2010

Why you should run surpluses in good times, so the budget doesn't look like crap when bad times invariably arrive

Posted by Charles Swann at 8:11 AM No comments:
Labels: fiscal deficit
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Charles Swann
celebrity in the Parisian social scene, counting among his friends the Prince of Wales and major players in the French aristocracy. A wealthy stockbroker, he becomes an expert art critic and dealer. Swann is also a womanizer who does not see women for who they really are, but instead compares them to paintings in order to make them more attractive; a tragic form of vanity and self-love.
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My Blog List

  • Bespoke Investment Group
  • Derivative Dribble
  • Investment Postcards from Cape Town
  • Grasping Reality with Both Hands: Brad DeLong's Semi-Daily Journal
  • *Across the Curve*
  • The Aleph Blog
  • The Becker-Posner Blog
  • The Big Picture
  • What Would Tyler Durden Do?
  • Zero Hedge
  • My 1st Million At 33
  • Bill Cara
  • Accrued Interest
  • Econbrowser
  • FT Alphaville
  • Mish's Global Economic Trend Analysis
  • Portfolio.com: Market Movers
  • Felix Salmon - All posts
  • The Kirk Report
  • FT.com | Willem Buiter's Maverecon
  • Economist's View
  • The Balance Sheet
  • The Economist print edition
  • *Calculated Risk*
  • Moomin Valley
  • Northern Trust Daily Global Commentary
  • macroblog
  • Marginal *Revolution*: Assorted
  • Interfluidity
  • Financial Armageddon
  • Capital Gains and Games - Washington, Wall Street and Everything in Between
  • Paul Krugman
  • RGE Monitor : Nouriel Roubini Blog
  • *Business* and Financial News - *New York Times*
  • immobilienblasen
  • Brad Setser: Follow the Money
  • Paul Kedrosky's *Infectious Greed*
  • WSJ.com: Real Time Economics
  • Stuff White People Like
  • The Baseline Scenario
  • The Epicurean Dealmaker
  • Greg Mankiw's Blog
  • Bronte Capital
  • WSJ.com: Today's Free Features
  • Angry Bear
  • World Beta - Engineering Targeted Returns and Risk
  • naked capitalism
  • Alea
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