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Avatar's success in global markets with two thirds of its $1 billion in sales from overseas. Markets like Russia and Brazil are becoming important in addition to France and Germany. 3-D theatre prices are higher and this adds to revenues. The politics of the movie with earthlings capitalists trying to mine a mineral on another planet and in the process displacing nautre loving humanoids, also served to increase its popularity in other countries.

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GM expects the small car Chevy Beat will help it reach 100,000 vehicles sold in India. Sales were 70,000 in 2009. Beat joins Spark and Aveo-UA, the other Chevy brands.

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The authors, Becker, Davis and Murphy, are from the University of Chicago. They point out that the uncertainty created by the Obama administration's programs including healthcare and social investments in education, energy conservation, and the desire to reduce carbon emissions, all tend to slow business expansion and investments to create jobs by putting additional costs on business. The expanding federal deficit and national debt also create additional uncertainty. Their point is that it was a mistake to start making major changes to transform the U.S. economy at this time, and that it would have been wiser to do these changes after the economy had recovered completely from the crisis. All efforts they say should have been concentrated on establishing conditions for a strong recovery. When combined with the lack of regulatory reforms to fix problems left behind from the crisis, and other failures, serious questions arise about how things will turn out in coming years. See Krugman- The Feeling of 1937, where Krugman takes this up from another angle, again with concerns about the future....

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Besides car sales the data in December 2009-Jan 2010 for a strong recovery in 2010 is ambiguous.

LyrArc Article Gist
Clive Crook points to the dangers of complacency in 2010. He reminds readers that the critical thing is as Charles Goodhart mentioned in the Financial Times, that capital and liquidity requirements must be time varying and strongly anti-cyclical. He points out that in good times when lending is expanding quickly and financial institutions are least concerned about capital, liquidity requiremets must tighten, something that is not happening under current rules. Repairs in areas of "too big to fail", separating investment banking and commercial banking, and others, will not succeed unless this principle is adopted. And this he says will be opposed by financial institutions because it reduces their growth. But this fight has to be won. It goes back to William McChesney Martin's idea of taking away the punch bowl before the party gets going.