Category Credit crisis

Homes for sale for $100 in Detroit

Yes, $100. That’s how bad things are in Detroit. If the American economy catches a cold, then Detroit often ends up in the hospital. Bizarrely, some of the listings sternly say buyers must prove they have the money before proceeding…

Why I love blogs

Multiple commenters on Calculated Risk created new lyrics to “Hotel California” while discussing the current disastrous budget crunches in California happening simultaneously at state, county, and local levels. “On a dark desert highway Cool winds through my hair Warm smell…