Posted by Matt in September 6th, 2010 |
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Speaking at the Ambrosetti conference on Lake Como in Lombardy, Italy Dr Roubini poured cold water on the idea that a new round of Quantitative Easing would solve the problem and put a 40% chance in the double dip occurring. He is also predicting that the US growth rate was destined for a figure less [...]
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Posted by Matt in September 5th, 2010 |
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Economy, Financial, Financial Crisis, American History, Amp, Consumers, Deflation, Demographics, Depression, Easy Money, Economy, Face, Harry Dent, History Government, Outlook, Recession, Recessions, Seeking Alpha, Stimulus
Why Government Stimulus Spending Isn’t Working This Time
For the first time in American history, government stimulus is falling flat on its face. It’s starting to become apparent that the record stimulus being thrown at our economy is not going to pull us out of this recession/depression. Why?
Because according to Dent’s research, for the first time [...]
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Posted by Matt in September 4th, 2010 |
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Economy, Financial Crisis, Assets, Colleague, Consumers, Decline, Doomsday Scenarios, Double Dip, Earthquakes, Economy News, Epicenter, Europe, Likelihood, Personal Finance News, Pessimists, Precipice, Recession, Signs, United States, Yahoo
Most signs point to a slow and steady recovery, but what if the pessimists are right, again? What if the United States isn’t in the slow-lane to recovery, but rather on the precipice of another decline — a double dip?
To see where this re-recession might begin, my colleague Dan Indiviglio and I imagined five financial [...]
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Posted by Matt in September 3rd, 2010 |
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Economy, Financial Crisis, Real Estate, 9 Months, Bank Failures, Census Bureau, Co Ops, Condominiums, Current Sales, Double Dip Recession, Economic Data, Economic Force, Existing Home Sales, Federal Reserve, Housing Market, Inventories, Magic Bullet, Median Price, Mortgage Delinquencies, Obama, Respite, Sales Pace, Single Family Home Sales
The Double-Dip recession I’ve been predicting for some time is deepening. And nowhere is the emergence of this powerful economic force more clear than in the housing market.
All the fresh economic data confirms that home sales are weakening … home inventories are rising … and home price pressure is building.
Meanwhile, we’re seeing a [...]
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Posted by Matt in August 28th, 2010 |
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But we can safely predict what he and other officials will say about where we are right now: that the economy is continuing to recover, albeit more slowly than they would like. Unfortunately, that’s not true: this isn’t a recovery, in any sense that matters. And policy makers should be doing everything they can to [...]
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Posted by Matt in August 28th, 2010 |
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High debt — across households, companies and countries — poses the greatest threat to economic recovery, Mr. Trichet said at an annual Fed policy symposium here, before a gathering of about 100 economists and government officials, including Mr. Bernanke, who had addressed the gathering a few hours earlier.
Trichet Cites High Debt as Biggest Threat [...]
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Posted by Matt in August 28th, 2010 |
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Economy, Financial Crisis, Carmen, Economic Landscape, Economic Symposium, Economics, Economists, Federal Reserve, Federal Reserve Bank, Federal Reserve Bank Of Kansas City, Financial Crises, Jackson Hole, Kickoff, Real Time, Slow Economic Growth, Unemployment, Wsj
Economists Vincent and Carmen Reinhart offer a grim tour of the economic landscape after financial crises — one plagued by slow economic growth and high unemployment — in the kickoff paper up for discussion at the Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole.
After Crises, Slow Income Growth and High Unemployment [...]
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Posted by Matt in August 19th, 2010 |
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FROM THE ECONOMIST INTELLIGENCE UNIT
The global economic recovery is running out of steam. Policy stimulus is wearing off in many countries, and recent developments in the US and China give special cause for concern. On our baseline forecasts, the Economist Intelligence Unit forecasts robust world GDP growth of 4.5% (at purchasing power parity) in 2010, [...]
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Posted by Matt in August 19th, 2010 |
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Economy, Financial Crisis, Ahead, Amp, Business Stocks, Congressional Budget Office, Difficult Times, Economic Times, Economy, Elmendorf, Faces, Msnbc, Office Director, Unemployment Rates
The U.S. economy faces even more difficult times ahead with chronic high unemployment rates and slow manufacturing growth hurting the recovery, Congressional Budget Office Director Douglas Elmendorf said on Thursday.
Difficult economic times ahead, CBO warns – Business – Stocks & economy – msnbc.com
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Posted by Matt in August 17th, 2010 |
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China, Economy, Age Population, Air And Water, Air China, China Economy, Couples, Demographics, Fellow, Institute For International Economics, International China, Nicholas Lardy, Peter G Peterson, Rural Areas, World Economy
But what does it really mean for China to be the No. 2 economy in the world, let alone the No. 1? And what could practically stand in the way of China eventually becoming the world’s biggest economy?The all-important demographics
For one, says Nicholas Lardy, senior fellow with the Peter G. Peterson Institute for International Economics, [...]
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