Are sovereign debt crises inevitable? – The Curious Capitalist – TIME.com

Posted by Matt in March 17th, 2010 | no comment

Published in Financial Crisis, Authors, Carmen Reinhart, Centuries, Conclusions, Consequences, Countries, Crises, Debacle, Developing World, Economists, Financial Crisis, Folly, Government Debt, Greece, Harvard University, Kenneth Rogoff, Sovereign Debt, Trend, University Maryland, University Of Maryland

Thanks to the ongoing debacle in Greece, we’ve become all too aware about the dangers of the rapid build-up of government debt throughout the developed world in the wake of the financial crisis. The potential consequences of that trend are made ever more frightening in a new study by economists Carmen Reinhart of the University [...]

Michael Lewis’s ‘Big Short’ – Investors Foresaw Meltdown – Review – NYTimes.com

Posted by Matt in March 14th, 2010 | 1 comment

Published in Financial, American Housing, American Taxpayers, Billions Of Dollars, Crazy Man, Creditworthiness, Derivatives, Economists, Financial Executives, Fortune, Global Financial Crisis, Housing Bubble, Insanity, Losses, Mathematical Models, Michael Lewis, Money Machine, Recession, Trillion, Wall Street, Wall Street Firms

The global financial crisis of 2008, which economists estimate could result in several trillion dollars of losses and which has already cost American taxpayers billions of dollars in government bailouts, was triggered not by war or recession but by a crazy, man-made money machine, built on flawed mathematical models that most financial executives did not [...]

An Unstable and Less Liberal Global Middle Class – Newsweek.com

Posted by Matt in March 6th, 2010 | no comment

Published in general, Bastions, Consumerism, Developing Nations, Economists, Emerging Market, Global Prosperity, Global Safety, India Indonesia, Middle Class, New Age, Newsweek, Oil Industry, Political Liberty, Popularity, Recent News, Russia, Russian Autocrat, Total Population, Vladimir Putin, Western Style

… Now, with the Western middle classes sinking into debt and distress, many economists look to a new emerging-market middle class as the potential foundation for a new age of global safety and prosperity. As China, Brazil, Russia, Turkey, India, Indonesia, and other large developing nations became more prosperous, it was always assumed that they [...]

Economists Warn Another Financial on Way to U.S. Economy – ABC News

Posted by Matt in March 2nd, 2010 | no comment

Published in Economy, Favorites, Financial, Abc News, Economic Downturn, Economists, Economy News, Financiers, Great Depression, Regulators

Even as many Americans still struggle to recover from the country’s worst economic downturn since the Great Depression, another crisis – one that will be even worse than the current one – is looming, according to a new report from a group of leading economists, financiers, and former federal regulators.
Economists Warn Another Financial on [...]

Risk taking, regulatory capture and bailouts: The doomsday cycle | vox

Posted by Matt in February 23rd, 2010 | no comment

Published in Economy, Financial, Best Route, Crises, Disaster, Doomsday, Economic System, Economists, Federal Reserve, Financial Collapse, Financial Crisis, Financial Risk, Gdp, Interest Rates, Last Three Decades, Lead, Proportions, Safer System, Trajectories, Vox

Over the last 30 years, the US financial system has grown to proportions threatening the global economic order. This column suggests a ‘doomsday cycle’ has infiltrated the economic system and could lead to disaster after the next financial crisis. It says the best route to creating a safer system is to have very large and [...]

Global Crisis Leads I.M.F. Experts to Rethink Major Ideas – NYTimes.com

Posted by Matt in February 21st, 2010 | no comment

Published in Financial, Capital Flows, Economists, Financial Crisis, Financial Turmoil, Global Crisis, inflation, International Boundaries, International Monetary Fund, Leads, Money Flow, Nytimes, Research Papers, Soundness, Virtues

The International Monetary Fund has long preached the virtues of keeping inflation low and allowing money to flow freely across international boundaries. But two recent research papers by economists at the fund have questioned the soundness of that advice, arguing that slightly higher inflation and restrictions on capital flows can sometimes help buffer countries from [...]

The New Poor – Despite Signs of Recovery, Long-Term Unemployment Rises – Series – NYTimes.com

Posted by Matt in February 20th, 2010 | no comment

Published in Economy, American Economy, Economists, Fear, Jobs, Long Term Unemployment, Nytimes, Rebound, Recession, Recessions, Signs, Unemployment Benefits

Even as the American economy shows tentative signs of a rebound, the human toll of the recession continues to mount, with millions of Americans remaining out of work, out of savings and nearing the end of their unemployment benefits.
Economists fear that the nascent recovery will leave more people behind than in past recessions, failing to [...]

‘It Will Be Terrible’: Economists in Davos Look with Concern to 2010 – SPIEGEL ONLINE – News – International

Posted by Matt in February 1st, 2010 | no comment

Published in Economy, 2010, Countries, Economic Recession, Economists, ItWillBeTerrible, News International, Online News, Public Debt, Rebound, Spiegel, Spiegel Online, Tax Hikes, World Economic Forum

Many countries have started to see a rebound from last year’s economic recession. But will it last? Economists at the World Economic Forum in Davos warn that paying down massive public debt will be “very, very painful.” Deep spending cuts and significant tax hikes may be unavoidable.
‘It Will Be Terrible’: Economists in Davos Look with [...]

In China, fear of a real estate bubble – washingtonpost.com

Posted by Matt in January 29th, 2010 | no comment

Published in China, Economy, Financial, 1980s, Acting, Banks, Bubble, Bubble Pop, Bubbles, China, Crashes, Economists, Fear, Global Growth, Japan, Real Estate Bubble, Residential Real Estate, United States

Some economists and bankers fear that they have read this script before. In Japan at the end of the 1980s and in the United States in 2008, residential real estate bubbles ended in big crashes, battered banks and slow recoveries. With China acting as a key engine of global growth, a bursting of the Chinese [...]

Is the China bubble about to burst? – upiasia.com

Posted by Matt in January 29th, 2010 | no comment

Published in China, Economy, Banks, Bubble, China, Economists, Financial Health, Foreign Direct Investment, Lent, Long Time, River Of Money, S Real Estate, Stimulus Package, Stock Market Crash, Stock Markets, Tons Of Money, Trillion

Why are so many economists and brokers forecasting China’s internal implosion? Simply because they are reading about China’s US$580 billion stimulus package, the US$1.4 trillion lent by banks to the rich and powerful in China and the US$80 billion in foreign direct investment received in 2009. These are huge amounts of money that cannot be [...]