Category: Economic Depression
The analysis published under this category are as follows.
Tuesday, November 24, 2009
The Great Depression of the 14th Century / Economics / Economic Depression
By: Murray_N_Rothbard
Most people — historians not excepted — are tempted to think of economic and cultural progress as being continuous: in every century people are better off than in the one preceding. This comforting assumption had to be given up quite early when the Dark Ages ensued after the collapse of the Roman Empire. But it was generally held that after the "renaissance" of the 11th century, progress in western Europe was pretty well linear and continuous from that point to the present day.
Friday, October 30, 2009
Krugman, The Gold Standard and the Great Depression / Economics / Economic Depression
By: Robert_Murphy
Paul Krugman has concentrated his fire recently on those "thumping their chests" over the falling dollar. He has particular scorn for those recommending a return to the gold standard. In Krugman's view, a simple look at the historical facts will show that it was a superstitious fetish for the yellow metal that prolonged the Great Depression.
Monday, September 07, 2009
Robert Prechter Warning Economic Depression and Financial Crisis Worse To Come / Economics / Economic Depression
By: EWI
Dear reader,
Robert Prechter of Elliott Wave International in his recent 10 page newsletter (download for free) challenges the economic recovery hype with hard facts and independent analysis, and insightful charts. You’ll find out why the worst is NOT over and what you can do to safeguard your financial future.
Read full article... Read full article...
Monday, August 10, 2009
Is Everything You Learned about the Great Depression Wrong? / Economics / Economic Depression
By: Q1_Publishing
What if I asked you to forget everything you ever learned about the Great Depression?
You’d say I was crazy.
Read full article... Read full article...
Sunday, June 28, 2009
Ben Bernanke on the Great Depression / Economics / Economic Depression
By: Clif_Droke
A major result of last year’s credit storm is a lingering sense of dread and foreboding among investors. Many are waiting for the proverbial “other shoe to drop” as the memories of last year’s crisis, and its attendant economic effects, are still fresh in mind.
Wednesday, June 24, 2009
The Great Depression Revisited / Economics / Economic Depression
By: MISES
Hans F. Sennholz writes: Although the Great Depression engulfed the world economy many years ago, it lives on as a nightmare for individuals old enough to remember and as a frightening specter in the textbooks of our youth.
Some 13 million Americans were unemployed, "not wanted" in the production process. One worker out of every four was walking the streets in want and despair. Thousands of banks, hundreds of thousands of businesses, and millions of farmers fell into bankruptcy or ceased operations entirely.
Read full article... Read full article...
Tuesday, June 23, 2009
A Tale of Two Economic Depressions / Economics / Economic Depression
By: John_Mauldin
This week's Outside the box looks at some very interesting research done by two economic historians, Barry Eichengreen of the University of California at Berkeley and Kevin O'Rourke of Trinity College, Dublin They give us comparisons between the Great Depression and today's downturn. They continue to update their data from time to time, the link to their work is at http://www.voxeu.org/index.php?q=node/3421. I have not previously heard of www.voxeu.org, but it is a collection of the work of well regarded international economists that seems quite interesting for those who enjoy readings in the dismal science.
Sunday, March 15, 2009
Japan's Economic Depression Deepens, Protectionism Could Trigger Global Depression / Economics / Economic Depression
By: John_Mauldin
- Where Have My Earnings Gone?
- The Land of the Setting Sun
- The Swiss Start Their Engines
- My One True Nightmare
This week we look at the Land of the Rising Sun. Japan is going through major upheavals, and they will have consequences all over the world. And what are those wild and crazy Swiss central bankers up to? It's time for another round of competitive devaluation. And of course I have to look at the recent Barron's cover story, about how stocks are cheap. There's a lot to cover.
Read full article... Read full article...
Thursday, March 12, 2009
OPEC /GCC Countries Too Are Under The Grip of The Great Depression II of 2009 / Economics / Economic Depression
By: Submissions
Dr. Raju M. Mathew wrotes: Strategy For Their Survival And Growth - In spite of their oil wealth and oil reserve funds, GCC Countries are not free from the all pervading financial crisis that turned into a global economic crisis. Starting with the automobile crisis in the USA and aggravated with financial meltdown and credit Crisis, the demand for oil declined and the price has fallen from $148 to around $ 40, shattering the high dreams of everlasting Boom into a mere Bust. How long the GCC Countries carry out their spending and affluent life style and developmental activities by using their oil reserve funds and how long could they inject their money to revive the ailing western economies besides their own economies are the two relevant questions?Read full article... Read full article...
Wednesday, March 04, 2009
Deflationary Depression or Hyperinflation? / Economics / Economic Depression
By: Brian_Bloom
In summary, the following analysis / argument concludes that Depression is a far more likely outcome than Hyperinflation.
The mathematics of inflation is as follows:
Read full article... Read full article...
Tuesday, March 03, 2009
U.S. Economic Crisis Replay of Japan's Lost Decade Depression / Economics / Economic Depression
By: Money_Morning
Keith Fitz-Gerald writes: If you want a real look at what's headed this way, ask Hideko Toyotomi. When Japan's so-called “Lost Decade” began with a bang in the early 1990s, she was an “OL” - an office lady - working in one of Japan's mightiest corporations and she kept her job, despite the downturn. Read full article... Read full article...
Monday, March 02, 2009
Beginning Now: The Panic Phase of the Economic Collapse / Stock-Markets / Economic Depression
By: Money_and_Markets
If you missed our latest video, “The 11 Laws of Bear Market Success,” or you want to watch it again, click here now for the recording.
The timing couldn't be better. Indeed …
Read full article... Read full article...
Sunday, March 01, 2009
Saving America From Further Crisis In The Age Of The Great Depression II / Economics / Economic Depression
By: Submissions
Dr. Raju M. Mathew writes:
The Great Depression II
America is in the grip of the Great Depression II of 2009. It is in crisis for a minimum period of five years. Its economy is weak and sick. It is not at all competitive for its cost of production is the highest as its cost of living. The American thinks tanks and lobbyists of big corporations, especially of the defense industry and arm traders have made everything complex without any simple solution with their wrong projections and ill-advices.
Monday, February 23, 2009
There's only one Cure for a Depression / Economics / Economic Depression
By: Michael_Pento
In contrast with a depression, a recession is relatively easy to bring to an end. The genesis of a recession is caused by excessive credit creation on the part of banks and the Fed. The superfluous money drives prices higher and the rate of inflation begins to increase at a pace that makes the Fed uncomfortable. The Central bank then begins to raise rates in order to soak up that liquidity and put an end to its easy monetary policy. Read full article... Read full article...
Thursday, February 19, 2009
The Great Depression II Survival Strategies / Economics / Economic Depression
By: Submissions
Dr. Raju M. Mathew wrotes: This is the Great Depression II - The crisis that we are now facing can rightly be called The Great Depression II of 2009 . And it is several times severe than the Great Depression I of 1929. It is not mere a financial meltdown; not mere a credit crisis. It is not a recession to disappear within two years. The dimensions and intensities of the Great Depression II are quite different from the early one. Who had brought out the present crisis and where had gone all the money or credits that were available before a few months back, are the two questions that the general public is asking?Read full article... Read full article...
Friday, February 13, 2009
Economic Collapse Worse than the Great Depression: Video / Economics / Economic Depression
By: Submissions
' Worst Economic Collapse Ever' - In 2009 were going to see the worst economic collapse ever, the Greatest Depression, says Gerald Celente, U.S. trend forecaster. He believes its going to be very violent in the U.S., including there being a tax revolt. Read full article... Read full article...
Wednesday, February 11, 2009
U.S. Economy in Depression Destroying Wealth of Three Generations / Economics / Economic Depression
By: Mike_Shedlock
Wealth Does Not Pass Three Generations - Microsoft Chief Executive Steve Ballmer likens economy to depressions of 1837, 1873, and 1929
Microsoft Chief Executive Steve Ballmer sketched a dire portrait of the world economy on Friday, likening it to market conditions in 1837, 1873, and 1929, each of which involved bank failures, high unemployment, and a depression.
Read full article... Read full article...
Monday, February 09, 2009
The Great Depression Facts: Double Dip Economic Slump / Economics / Economic Depression
By: Paul_L_Kasriel
Contrary to what you might believe, the Great Depression of the 1930s was not a decade-long era of economic decline. Rather, the Great Depression was made up of two distinct economic slumps - August 1929 through March 1933 and May 1937 through June 1938. As Chart 1 shows, the first recessionary period of the Great Depression was not only longer in duration, but more severe in magnitude. Notice, however, that a quite robust economic recovery/expansion occurred between the two recessions. Read full article... Read full article...
Sunday, February 08, 2009
Economic Depression 2009? / Economics / Economic Depression
By: Mick_Phoenix
Whilst the great inflation/deflation debate continues (its deflation that wins, the inflationistas are being misled by the Fed's actions with its bail out facilities) we need to look at some startling new facts and projections that have appeared in the public arena. My worry, as you can gather from the title of this article, is that we face a global depression that cannot be avoided even if the events discussed below favour the results that the Central Banks et al seek.Read full article... Read full article...
Tuesday, February 03, 2009
Political Elite on Guard Against Global Economic Depression and Gold Safehaven / Economics / Economic Depression
By: Gary_Dorsch
“If you want to continue to be the slaves of bankers, and pay the cost of your own slavery, then let bankers continue to create money and control credit,” warned Sir Josiah Stamp, former chief of the Bank of England in 1927. Indeed, the world economy is now held hostage by an elite banking cartel, whose reckless pursuit of speculation and bloated profits, has precipitated a breakdown of the global financial system, and is plunging the world towards a “Great Depression.” Read full article... Read full article...