economic depression

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Latest blogosphere posts tagged “economic depression”

  • Japan: Slowly Going Broke


    The Daily ReckoningAuthority Authority: 628
    We reported that the US government would need to roll over $2.5 trillion worth of debt next year. We probably erred. The number was right, but it was meant to be over the next two years. During the next two years also, worldwide, banks need to roll over $7 trillion. Whether it is over one year or two years, we’re ...
    10 hours ago
  • Economic Depression, Just Not That Simple


    The Daily ReckoningAuthority Authority: 628
    We are looking back at the year almost finished, and trying to figure out what lies ahead. The surprise of 2009 was that the stock market didn’t turn down again. Stocks worldwide were cut in half. Then, they bounced. A textbook, classic bounce…Normally, you’d expect the bounce to peak out after 5 or 6 months. ...
    13 hours ago
  • Trying to Revive an Economic Corpse


    The Daily ReckoningAuthority Authority: 628
    We’re coming to the end of the year… What have we learned? Here’s how we would put it, a four-word lesson that applies to almost everything: “It’s Not That Simple.” We were on pretty solid ground – at least as far as understanding what was going on in the markets and the economy – up until the ...
    1 day ago
  • What happened to the fiscal stimulus multiplier?


    Credit WritedownsAuthority Authority: 672
    What happened to the fiscal stimulus multiplier? is a post from: Credit Writedowns Arnold Kling makes an important contribution to the debate about fiscal stimulus and double dip recessions which was also pointed out to me in the comments of my recent double dip post : Paul Krugman provides an analysis ...
    1 day ago
  • Double dip recession and the perverse math of GDP reporting


    Credit WritedownsAuthority Authority: 672
    Double dip recession and the perverse math of GDP reporting is a post from: Credit Writedowns Remember when I said the following: GDP as reported From my view point point, the interesting bit about GDP is NOT inflation (i.e. real vs. nominal GDP), but rather the fact that the number which is reported is a ...
    2 days ago
  • News from 1930: Bank closings and stimulus packages


    Credit WritedownsAuthority Authority: 672
    News from 1930: Bank closings and stimulus packages is a post from: Credit Writedowns This comes from the blog News from 1930 on financial news from this day in… 1930 (I don’t what they plan to do after New Year’s Day): Bankers Trust of Philadelphia closed after heavy withdrawals; had 135,000 ...
    6 days ago
  • A New Word to Describe Financial Folly


    The Daily ReckoningAuthority Authority: 628
    What’s happening in the world of money is that the depression continues… You wouldn’t know it from reading the headlines or talking to economists. According to the official line, the US economy expanded 2.2% last quarter. How is that possible? Well, here at The Daily Reckoning , we’ve invented a new word to ...
    6 days ago
  • No SNOW on the streets... brings further untold misery to an already fed-up UK population


    The Final RedoubtAuthority Authority: 138
    A ship carrying cocaine worth up to £375million destined for the British market was seized off the Spanish coast today.
    1 week ago
  • The year in review at Credit Writedowns – Stimulus


    Credit WritedownsAuthority Authority: 672
    As we approach the new year, I have decided to write a few thematic posts as a look back at some of the more important economic topics that this credit crisis has uncovered. The thinking is that tying posts together in a theme might give a better holistic view of a few themes than the posts do in isolation. The first ...
    1 week ago
  • Roger Ebert reviews Collapse


    AnarchoblogsAuthority Authority: 158
    Not only does Roger Ebert write an excellent review of Collapse , but does a fantastic job of explaining peak oil, the issues surrounding it and what some of the details will look like in real life. I have no way of assuring you that the bleak version of the future outlined by Michael Ruppert in Chris Smiths ...
    1 week ago
  • Moving away from stimulus happy talk to focus on malinvestment


    Credit WritedownsAuthority Authority: 672
    Moving away from stimulus happy talk to focus on malinvestment is a post from: Credit Writedowns For the period leading up to the panic last year, I had been warning of a rather severe recession. My view at the time was that what was needed was a realignment of America’s industrial organization away from finance ...
    1 week ago
  • Strategically Defaulting on “Shadow Inventory”


    The Daily ReckoningAuthority Authority: 628
    Ben Bernanke is Time’s “Man of the Year.” Reading the commentary, it is clear that the popular press has even less of an idea of what is going on than Bernanke himself. The more we think about it, the more our jaw drops. In Copenhagen this week, a large group of apparatchiks and hacks got together to discuss ...
    1 week ago
  • Bernanke doesn’t understand the basic economics of central banking


    Credit WritedownsAuthority Authority: 672
    Bernanke doesn’t understand the basic economics of central banking is a post from: Credit Writedowns I would like to incorporate a critique of quantitative easing based on Bernanke’s comments in Ed’s post “ Quantitative easing and inflation expectations .” You’ve got to focus on improving the ...
    1 week ago
  • Studying History in the Post-Bubble World


    The Daily ReckoningAuthority Authority: 628
    It must be snowing all over Europe. Zurich was beautiful in the snow. So is Paris. The snow seems to quiet the place down…and cover over its imperfections. And the cafes and bars…brightly lit, warm and charming…are so inviting you can barely make it home at night. This morning, it is still snowing. We were ...
    1 week ago
  • I’ve been reading


    Luigicappel's WeblogAuthority Authority: 103
    This week I had a short stay in hospital for a minor operation and have been resting up to make sure that I don’t pop any stitches. For a couple of days I was popping pain relief which had as much influence on my head as my body, then I decided I wanted clarity back and started reading. I mean really reading. I ...
    1 week ago
  • LORD CHRISTOPHER WALTER MONCKTON, 3RD VISCOUNT MONCKTON OF BRENCHLEY: ANTI-AGW ACTIVIST, CLIMATEGATE ENTHUSIAST AND WRONG


    REAL LIBERAL CHRISTIAN CHURCHAuthority Authority: 122
    Christopher Walter Monckton, is an anti-Anthropogenic Global Warming activist. He doesnt believe that humans have increased the global temperature by burning carbon or perhaps otherwise increasing greenhouse gases or that if they have, it isnt necessarily a bad thing. He has called for reforestation, so perhaps that ...
    1 week ago
  • Sit Back and Enjoy the Depression


    The Daily ReckoningAuthority Authority: 628
    What happened in the gold market yesterday? The price of the yellow metal held steady. So what do you do? Is this the dip you should buy? Well, as we keep saying…it depends. A few months ago, our view was simpler. We trusted gold because we didn’t trust central bankers. We still trust gold. And we still don’t ...
    1 week ago
  • Can Inflation Fix the US Economy?


    The Daily ReckoningAuthority Authority: 628
    Are we in a depression yet? The number of Americans living on food stamps has risen to 37 million. Food stamps are the soup lines of the ’00s. And what else was big in the ’30s? Escapist movies. Here’s a headline for you: “Box office takings set to smash records,” says The Financial Times . What kind of ...
    1 week ago
  • Obama forgot Samuelson when he told fat cats to start lending


    Credit WritedownsAuthority Authority: 672
    There has been quite a lot of hub-bub today about President Obama’s fat cat remarks and his meeting with bankers exhorting them to lend. Let me tie these events in with a few other themes into a comprehensive picture of what is happening in politics and banking. In a nutshell, we are getting a bunch of populist ...
    2 weeks ago
  • Drowning in a Rising Tide


    God's Politics BlogAuthority Authority: 652
    This month I watched as folks in Washington D.C. celebrated the dip in our national unemployment rate to 10%. At the same time it was reported that the unemployment rate for African Americans in our country was twice that of…
    2 weeks ago

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