Tue 2009-04-21 00:00 EDT
Hussman Funds: Market Valuations During U.S. Recessions
``while current valuations have improved, they don't yet represent the worst levels that have occurred when the economy has been in recession.''
economy Topic in The Credit Debacle Catalog
Tue 2009-04-21 00:00 EDT
Jesse's Café Américain: Mr. Pot Calling Mr. Kettle. Mr. Pot Calling Mr. Kettle.
Jesse's Café Américain: Mr. Pot Calling Mr. Kettle. Mr. Pot Calling Mr. Kettle.; Blackstone CEO Steve Schwarzman blames rating agencies; ``The destruction of the real wealth was in the bubble when the middle class was systematically destroyed. This is just the settling of accounts. What we are seeing now is the paint peeling off the rotten economy which the financiers created for their personal benefit.''
Tue 2009-04-21 00:00 EDT
Mish's Global Economic Trend Analysis: Is Debt the Lifeblood of the Economy?
``Rather it is savings that is the lifeblood of the economy, because without adequate savings, extending credit is nothing but a pyramid scheme that eventually implodes, which is of course what happened.''
debt; economy; lifeblood; Mish's Global Economic Trend Analysis.
Wed 2009-04-01 00:00 EDT
Calculated Risk: Business Cycle: Temporal Order
residential investment and personal consumption expenditure lead economy out of recession
Thu 2009-02-26 00:00 EST
Daily Kos: State of the Nation
Chocolate Covered Cotton, by billmon; ``taking a look at how the stinking heap was created''; securitized lending morphing to fatal innovation, collateralized obligations; ``full nationalization still would be less expensive and messy than creating the kind of Potemkin markets the Geither plan seems to envision''; ``ncreasingly desperate attempts to maintain a phony façade of free markets and private enterprise, in an economy now utterly dependent on the federal safety net''
Tue 2009-02-24 00:00 EST
CounterPunch
Obama's Awful Financial Recovery Plan, by MICHAEL HUDSON; Trying to Revive the Bubble Economy
Tue 2009-02-24 00:00 EST
Michael Hudson: Obama's New Bank Giveaway
It Won't Save the Economy; It May Make the Crisis Worse
Fri 2009-01-16 00:00 EST
The Institutional Risk Analyst: On the Economy: For Barack Obama, It's All About Credibility
The Economy: For Barack Obama, It's All About Credibility, by The Institutional Risk Analyst (IRA); ``We just don't think that Geithner has the integrity or the independence of mind to close and sell C, GS and the rest of the larger Wall Street banks...we suggest FDIC chief Sheila Bair.''
Barack Obama; credibility; economy; Institutional Risk Analyst.
Fri 2009-01-16 00:00 EST
Asia Times Online :: China News, China Business News, Taiwan and Hong Kong
China's inflation-free route from crisis, by Henry C. K. Liu; ``China produces from plants financed by foreign investment that operate with low domestic wages for foreign markets that pay with dollars that cannot be used in the domestic economy...China must finance plants with sovereign credit to produce for the domestic market where consumer purchasing power will come from high wages, with sovereign credit repaid from increased tax revenue from a vibrant domestic economy.''
Asia Times Online; China Business News; China News; Hong Kong; TAIWAN.
Fri 2008-12-12 00:00 EST
Jesse's Café Américain: Money Supply, Paul Krugman, and the Great Depression
Jesse's Café Américain: Money Supply, Paul Krugman, and the Great Depression; ``Fed made a significant policy error in raising the discount rate in early 1931''; ``we can imagine an outcome in which misbegotten monetary policy results in an oligopoly of corporate interests and an economy that is permanently frozen in a series of de facto monopolies based on central planning, not all that dissimilar to the experience of the Soviet Union prior to its dissolution and some countries in which a hundred or so powerful families control the government and its economy in a state of permanent corruption and malaise.''
Great Depression; Jesse's Café Américain; money supply; Paul Krugman.
Mon 2008-12-08 00:00 EST
Winter (Economic & Market) Watch >> Boom-Bust Speculator Induced Maladjusted Roller Coaster Economy
Winter (Economic & Market) Watch >> Boom-Bust Speculator Induced Maladjusted Roller Coaster Economy
Boom-Bust Speculator Induced Maladjusted Roller Coaster Economy; economic; Market; watch; winter.
Tue 2008-10-07 00:00 EDT
naked capitalism: China Looking Vulnerable
``By pursuing a relentless mercantilist strategy, and becoming dependent on the US as a customer, it is sure to show lower growth as the US economy pulls back''