Browsing All posts tagged under »Recession«

'Depression Amidst The Fun' — See Lost On The Shore

March 4, 2010


I want to call your attention to a very though-provoking article on the state of the Worcester County economy over at Lost On The Shore, which is one of Maryland’s best political blogs. <a href="">Blogitti<⁄a> The post is entitled “Depression Amidst The Fun,” and as you might gather from the title, it paints a gloomy […]

Antidote for Economic Denial: "The Ring of Fire"

February 20, 2010


Maryland On My Mind takes a break from our wall-to-wall winter weather coverage to ponder our economic predicament. It’s so rare that I find a graph I can actually understand. Here’s something interesting, courtesy of  PIMCO’s Bill Gross: “The most vulnerable countries in 2010 are shown in PIMCO’s chart “The Ring of Fire.” These red […]

Makai Condos Still Available

February 17, 2010


The Makai condo auction in Ocean City generated a modicum of interest this past November.  Some condos were sold, and some remain available. Three months after the Makai auction, a sign in front of the property advertises condos starting at $135,000. The Makai is on Coastal Highway in Ocean City, just north of the Convention […]

Ocean City Condo Auctions Set for Feb. 27, 2010

February 15, 2010


Dueling Auctions for Bahai Vista Two Auctions — Same Day, Same Time, Different Place It could only happen in Ocean City, Maryland. Beautiful new three- and four-bedroom condominiums at the Bahia Vista I and II, on Edgewater Avenue between 10th Street and 11th Street in Ocean City, are scheduled to be sold by competing auctioneers […]

U.S. Political And Economic Crisis: Thoughts for a Snowy Weekend

February 6, 2010


As long as we’re all snowed in, we might as well use some of the time to think about our economic and political predicament  in the U.S. Jon Taplin has just written a very important post entitled “Men At Work.” I guarantee it will generate 40 or more comments from Mr. Taplin’s large community of […]

Hard Times, Part 2: The Double-Dip Recession

February 4, 2010


I think the second dip of the double-dip recession began this week. It’s hard to expect much, if any recovery in 2010 or 2011. Just my opinion. The worldwide stock sell-off might be only the beginning of another crisis. The financial story was Greece on Wednesday, Spain and Portugal on Thursday. It could be anywhere […]

Martin O'Malley On The State Of The State

February 2, 2010


Gov. Martin O’Malley delivered his annual State of the State address to the Maryland General Assembly, and you could sum it up in three words: “jobs, jobs, jobs.” “As we work to  emerge from this global economic recession,” O’Malley said today, “the state of our state is stronger than most.” Unemployment is about 11 percent […]