Tag: Global Economic Crisis
Holtz-Eakin on the Financial Crisis: “If It’s Everybody’s Fault, It’s Nobody’s...
The Financial Crisis Inquiry Commission issued its final report Thursday, laying the blame for the 2008 crisis on "reckless" Wall Street CEOs and "pivotal...
Economy Could Grow 3% 2011, But … Staring at barrel of...
Staring down the barrel of another $ Trillion housing collapse. The Real Estate market for sure is double-dipping. As Joe Weisenthal writes, "Everything is...
Krugman: Stupid Politicians Blocking Needed Stimulus
Paul Krugman did not use the word "stupid." His sentiments are clear.
By Paul Krugman
Has it really been 16 months since I wrote this?
So here’s...
Obama on Econ Reform: “Through All the Noise and Lobbyists and...
From the White House:
"Through All the Noise and Lobbyists and Partisanship... a Simple Choice"
by Jesse Lee
A Recovery Act that’s put more than 2 million...
GOP retreats, abandons blocking of banking regulation
Popular opinion drives the elected representatives for a change.
By JIM KUHNHENN, Associated Press
WASHINGTON – Republicans set the stage Wednesday to lift their blockade against legislation...
Orwellian Obstruction: Republicans on Financial Reform
By Robert L. Borosage at Huffington Post
Senate Republicans have perfected the art of saying no. But in blocking a debate on financial reform, they...
President Obama, Fiscal Europe and Us
By Simon Johnson, co-author 13 Bankers at the BaselineScenario
Most days we can coast along, confident that tomorrow will be much like yesterday. On a very...
The Quants: A New Breed of Math Whizzes Nearly Destroyed Wall...
Looks like a scary and fascinating read, The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It (2010, Crown...
Bond Market Bubble? Put Your Money in ‘Cash,’ Says Analyst
Update: For an opposing view, see also Tech Ticker which is running several looks at this issue.
From Tech Ticker, a financial site with a short video...
Johnson, Boone Question Obama’s Aim at Banks
Wish President Obama would just say the U.S.A. resembles an oligarchy in many ways, this is not good, I'm for the people and: Here's what we're...
The Doomsday Cycle
Here's some cheerful reading from Peter Boone, Simon Johnson, Martin Wolf and Paul Krugman. I'll break it down for you: Absent radical change in fiscal...
DeLong: Ten Economics Pieces Worth Reading
One benefit of the global economic crisis is the proliferation of first-rate economic writers like Brad DeLong. Here is number one on his Ten Economics Pieces Worth Reading.
Changed America
Dingbats like Sarah Palin screech U.S.A., but do not think the sentiment ought include the American working class.
Falling Euro Threatens US Recovery
By Simon Johnson --- Intensified fears over government debt in the eurozone are pushing the euro weaker against the dollar. The G7 achieved nothing over...
Wall Street’s Killer Instinct Is Death Knell for Jobs
From Pam Mertens at CounterPunch—I think it’s time to take Wall Street literally: they’ve made it abundantly clear they have an insatiable appetite for killing...
Global markets plunge on fears of U.S. jobs report
By Kevin G. Hall | McClatchy Newspapers --WASHINGTON — A steep drop in stock prices worldwide, fears of an imminent wave of global debt defaults...
The Great Recession, Jobs and the Deficit
As the Labor Dept report released today revises upward the number of estimated job losses incurred during the Great Recession, economist Paul Krugman warns that...
Econ Crisis Is Not Over, Second Wave Possible
Paul Craig Roberts sees an enduring lack of financial regulation; public deficits and debt; a possible loss of confidence in the dollar as the...
Economist Roubini: Obama’s Fiscal-Econ-Social Agenda Imperiled
Recommend reading and signing up for a free economic newsletter from these guys, they have been prophetic: Roubini Global Economics! (RGE)
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This week, RGE tracked...