Daily Archives: September 13, 2011

What’s a bond, a Treasury, a T-bill? | Marketplace From American Public Media

Marketplace has been really good at explaining the economy lately in layman’s terms. Here is an explanation of some of the more safe and less volatile financial instruments you’ve heard a lot about recently.

For more like this and general economics news, read the Breakdown blog or try to listen to the various incarnations of the show. The local NPR plays it at 6:30 PM here instead of the better timed 5:30 I was used to in Vegas.

Pity.

Fancy a Pint? Brew Throughout the World

It turns out that once a national economy reaches a certain level of stability, the amount of beer drinking goes up.

Granted, we’re in a recession and even so-called stable economies have been knocked on their heels but the rule still applies.

What is even a bit more surprising is that once a nation gets a certain amount of wealth, they then turn from beer to higher prices spirits. Thus, this news that Scotch exports are up 22% since 2010 is actually not that much of a surprise.

I mean, *I* can’t afford the good stuff these days, but someone is.