Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.
Wednesday, May 05, 2010
Gold Heats Up As Athens Burns / Economics / Global Debt Crisis
By: John_Browne
In the decades that preceded Greece's adoption of the euro in 2001 the country papered over its chronic inefficiency and lack of competitiveness with its northern neighbors through regular devaluations of its currency, the drachma. But as a prerequisite to join the Euro Zone, the dominant powers of the Continent, most notably Germany, required financial housecleaning and promises of fiscal discipline. When these goals were apparently met, the Greeks came aboard.
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Wednesday, May 05, 2010
Greece Economic Depression Resulting in INFLATION NOT DEFLATION Surge / Economics / Inflation
By: Nadeem_Walayat
Greece, Europe's Achilles Heel continues to
implode under its budget deficit and total debt burden sending a series of strengthening shock waves across Europe's credit and financial markets. Whilst many western economies bounce back from the Great Recession of 2008-2009, Greece's economic depression continues as the economy is set to contract by further 4% during 2010 which is much worse than the 2.5% contraction of 2009 and looks set continue contracting for several more years. Greek Unemployment is soaring to 12% this year up from 9.5% in 2009 and is set to continue higher to 13.5% in 2011.
Tuesday, May 04, 2010
It Is Not the Aggregate Demand, Stupid! / Economics / Economic Theory
By: MISES
Jeremie T.A. Rostan writes: According to Obama's leading economic adviser, the current double-digit unemployment rate is obviously due to a "shortfall in aggregate demand." Indeed, former UC Berkeley professor Christina Romer even told the Wall Street Journal that, until her chief of staff advised her not to, she intended to title a recent speech "It's Aggregate Demand, Stupid."[1]
Tuesday, May 04, 2010
Marc Faber Says China Could Crash Within a Year / Economics / China Economy
By: LewRockwell
Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst.
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Monday, May 03, 2010
The Unfolding Debt Danger: Greece Today…America Tomorrow? / Economics / US Debt
By: Paul_Mladjenovic
I have been analyzing economics and financial markets for over a quarter century and my analysis always stopped at “financial”. In other words, I do not follow trough usually past the financial theme. After all, as a certified financial planner (CFP), you usually think in terms of dollars and cents, interest rates and all sorts of financially-oriented concepts. I have always been concerned about the financial and economic impact of many different kinds of policies and events but in recent years I started thinking “outside of my own box.”
Monday, May 03, 2010
Is China’s Economic Recovery a Fraud? / Economics / China Economy
By: James_Quinn
The China growth miracle has resumed its vertical trajectory. We know this because the Chinese government says it's so. And, of course, governments never massage economic numbers for public consumption, right?If you believe the data, China's GDP has tripled since 2000, with annual growth rates ranging from 8% to 13% over that time frame.
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Monday, May 03, 2010
Why Economic Policies Inspired by the Great Depression Fail / Economics / Economic Theory
By: Gerard_Jackson
The latest quarterly survey by the National Association for Business Economics reports that the stimulus did not promote recovery. (In case you didn't know, the country's phony media are frantically pushing the idea that happy days are on the way, something they would never do under a Republican administration.) Any conundrum here is a direct result of fallacious economic reasoning. The idea that the level of output and employment is a function of aggregate spending was a very old fallacy that Keynes successfully resurrected and which is now part of orthodox economic theory even though it has been thoroughly refuted by experience.
Sunday, May 02, 2010
Global Financial Conflagration, Fiat Money Buckling Under Unpayable Debts Pressure / Economics / Global Debt Crisis
By: Bob_Chapman
America and the world face a financial conflagration of immense proportions. The world of fiat money and massive credit is buckling under the pressure of unpayable debt. Each day the safe haven of gold and silver related assets become more attractive. We ask where else do you go for safety? A conflagration is a fire out of control and that is exactly the conditions the world faces today. The inflationary depression has smoldered for 14 months and it will soon accelerate.
Sunday, May 02, 2010
Marc Faber Says Time To Kick Greece Out of E.U. / Economics / Global Debt Crisis
By: Submissions
Marc faber kick Greece out of eu European Union greek Portugal euro eurozone default bonds imf emf central bank pigs piigs spain italy Ireland downgraded junk
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Saturday, May 01, 2010
European Debt Crisis Spiraling Out of Control, Will Greece Be Europe’s Lehman Brothers? / Economics / Global Debt Crisis
By: Justice_Litle
The Greek debt crisis now threatens to spiral out of control - in spite of IMF rescue efforts - and the fate of the entire eurozone is at stake.
The Greek debt crisis is serious... deadly serious. Those who still think the situation will turn out okay - that it will "blow over" - are clinging to foolish hopes, just as they have done at great cost in the past.
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Saturday, May 01, 2010
V-Shaped Economic Recovery? Don’t Bet On It / Economics / Elliott Wave Theory
By: Money_Morning
Jason Simpkins writes: Corporate profits appear to have returned in full, manufacturing is picking up around the world, commodities prices have rallied and the Standard & Poor's 500 Index is up about 60% since last March.
That makes a pretty compelling case for what some analysts are calling a "V-shaped" recovery. But even with all the momentum the economic recovery has accrued, that kind of talk may be a bit premature.
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Saturday, May 01, 2010
Economics: How to Cure a Sick Discipline / Economics / Economic Theory
By: Ian_Fletcher
America’s financial mess and our festering trade crisis were both caused by bad policies that mainstream economics told us were OK. This has made the public cynical about economists, but has produced few specific suggestions on how to actually fix the discipline. So—what should we do to restore its ability to give sound advice?
Saturday, May 01, 2010
A Hyper-Inflationary Great Depression Is Coming / Economics / HyperInflation
By: The_Gold_Report
ShadowStats' John Williams has done his math and believes his numbers tell the truth. He explains why the U.S. is in a depression and why a "Hyper-Inflationary Great Depression" is now unavoidable. John also shares why he selects gold as a metal for asset conversion in this exclusive interview with The Gold Report.
Saturday, May 01, 2010
Where'd the Greek Money Go? How to Flee the Worst Currency Crisis in Three Decades... / Economics / Euro
By: Adrian_Ash
THERE IS NO last mover advantage in fleeing a debt default. Not least when it's so clearly flagged in advance.
So whether or not the Greek government has to restructure its finances – screwing one set of creditors or another – you can't blame Greek savers for moving a chunk of their money out of the country since New Year.
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Saturday, May 01, 2010
Debt, A Simple, but Painful Economic Lesson / Economics / US Debt
By: Doug_Wakefield
Two years ago, Jim Grant, ofGrant’s Interest Rate Observer, mentioned a book he had just read by physicist Mark Buchanan titled, “Ubiquity: The Science of History…or Why the World is Simpler Than We Think.” I purchased a copy of the book for my own library and have referenced it in several of my writings. The theme, “the world is simpler than we think”, seems to defy the very modern world we live in. Just look at the picture below. Is this a group of college students learning how scientists have solved a complex physics problem, or a group of citizens trying to understand how the billions in TARP (Troubled Asset Relief Program) funds were created and used?
Friday, April 30, 2010
Robert Prechter Points Out The Many Signs Of Deflation / Economics / Deflation
By: EWI
Everywhere you look, the mainstream financial experts are pinning on their "WIN 2" buttons in a show of solidarity against what they see as the number one threat to the U.S. economy: Whip Inflation Now.
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Friday, April 30, 2010
Reconnecting Wall Street to Main Street / Economics / US Economy
By: Peter_Schiff
Hemant Kathuria writes: Much has been made about how the massive bailouts of Wall Street firms have come at the expense of US taxpayers. And after having posted record profits during the peak of the real estate boom, it is easy to understand Main Street's anger at picking up the multi-trillion dollar tab - especially as Wall Street's bonus machine is spinning once again.
Thursday, April 29, 2010
Declining Bank Loans – Write-Downs or Pay-Downs? / Economics / Credit Crisis 2010
By: Paul_L_Kasriel
We mentioned in our April 2010 U.S. Economic and Interest Rate Outlook [It's Been A While] that the ongoing contraction in commercial bank lending was an important factor curbing our enthusiasm about near-term growth in U.S. aggregate demand. But we did acknowledge that our lack of optimism might be misplaced if the cause of the continued contraction in bank lending was due more to write-downs of loans gone sour rather than of pay-downs of loans. We argued that if bank loans were falling because the dollar amount of write-downs exceeded the dollar amount of new loans being granted, the write-downs were immaterial with respect to new spending.
Thursday, April 29, 2010
Greece Financial Markets and Economic Collapse Sinking Euro Zone Economy / Economics / Global Debt Crisis
By: John_Mauldin
This is a special Outside the Box. I got this letter from my good friend Greg Weldon last night and got permission to pass it on to you. I think it illustrates the problems that the world is facing from the sovereign debt crisis that is building in Europe.
Wednesday, April 28, 2010
Greece's Bill Is Now Due - And Others Will Be Next, Debt Denial and the Five Stages of Greece / Economics / Global Debt Crisis
By: Justice_Litle
The phenomenon of "debt denial" has gripped not only Greece and the eurozone, but the entire roster of rich Western nations. When the smoke finally clears, you'll want to own gold coins...
The eurozone is slowly but surely imploding under an unsustainable debt load. Greece is still center stage, but the woes will soon spread. Ultimately, Greece is the first domino in a long chain of looming debt defaults... and at the end of that chain lies the United States.
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