Friday, January 9, 2009
Do we need Tarp II and Tarp III?
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Anecdotal evidence from American Apparel to natural gas pipeline operator El Paso Corp. suggest that banks are reluctant to lend. There are ...
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Monday, December 29, 2008
The Worst Predictions About 2008
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From Jim Cramer's "No! No! No! Bear Stearns is not in trouble", said on CNBC on March 11, 2008, to "I think you'll se...
Monday, December 22, 2008
Anglo-American bankers want more power
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First we screw up and as a reward we want more power! - That is the ridiculous plea of leading central bankers in London and Washington. In...
Thursday, December 18, 2008
Martin Feldstein - a very long and very damaging downturn
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A depressing outlook on the economy with Martin Feldstein, former Council of Economic Advisors chairman/National Bureau of Economic Research...
Tuesday, December 9, 2008
The party is over for the next 20 years says BCG
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Boston Consulting Group, one of the leading global management consulting firms, warns corporate banks of the "new normal" in the ...
Thursday, December 4, 2008
Roubini on the economic outlook
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The man who saw it all coming, Nouriel Roubini, economics professor at NYU Stern School and chairman of RGE Monitor, warns of a severe reces...
ECB lowers rates by 75 basis points to 2.5 percent in December 2008
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From the introductory statement : Looking further ahead, on the basis of our current analysis and assessment, we see global economic weakne...
Wednesday, December 3, 2008
Krugman on wages and employment in the 1930s
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Nobel laureate Paul Krugman has some interesting thoughts on the effect of wage increases during a period of very low interest rates. At t...
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