Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.Sunday, August 09, 2009
U.S. Financial System is Bankrupt, Economy is Spinning Out of Control / Economics / Recession 2008 - 2010
The World needs a breather from the US. And they'll get it sooner than many think
We're making this way too complicated. It's simple really.
Sunday, August 09, 2009
Iceland: Lessons to be Learned from The Economic Meltdown / Economics / Credit Crisis 2009
Eva Joly writes: In the wake of the failure of the Icelandic banks Messrs Brown, Barroso and Strauss-Kahn prove that they have understood nothing.
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Sunday, August 09, 2009
Entering the Greatest Economic Depression in History, More Bubbles Waiting to Burst / Economics / Great Depression II
Andrew G. Marshall writes: While there is much talk of a recovery on the horizon, commentators are forgetting some crucial aspects of the financial crisis. The crisis is not simply composed of one bubble, the housing real estate bubble, which has already burst. The crisis has many bubbles, all of which dwarf the housing bubble burst of 2008. Indicators show that the next possible burst is the commercial real estate bubble. However, the main event on the horizon is the “bailout bubble” and the general world debt bubble, which will plunge the world into a Great Depression the likes of which have never before been seen.
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Sunday, August 09, 2009
Efficient Market Hypothesis Destroying Industry and Forever Blowing Bubbles / Economics / Economic Theory
Six impossible things before breakfast, or how EMH has damaged our industry
The Dead Parrot of Finance
The Queen of Hearts and impossible beliefs
Slaves of some defunct economist
Prima facie case against EMH -- Forever blowing bubbles
The EMH 'Nuclear Bomb'
The Efficient Market Hypothesis, according to Shiller, is one of the most remarkable errors in the history of economic thought. EMH should be consigned to the dustbin of history. We need to stop teaching it, and brainwashing the innocent. Rob Arnott tells a lovely story of a speech he was giving to some 200 finance professors. He asked how many of them taught EMH - pretty much everyone's hand was up. Then he asked how many of them believed it. Only two hands stayed up!
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Saturday, August 08, 2009
Economic Suicide and the ABC’s of DEPRESSION!, Stocks Bear Market Rally Underway / Economics / Great Depression II
Many analysts are calling an end to the recession. No way, we are only in a countertrend bounce in economic activity before the next leg DOWN. One has to look no further than the incredible bounces of 50% or more in markets halfway to the lows from 1929 to 1933, or in post-bubble Japan since 1989 to see the parallels. The social welfare states of the G7 and their spawn known as FIAT currency and credit financial systems have just masked the unfolding death of their economies.
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Friday, August 07, 2009
Depression Level U.S. Unemployment Statistics on Track to Break Above 10% / Economics / Recession 2008 - 2010
This morning, the Bureau of Labor Statistics (BLS) released the June Employment Report.
Nonfarm payroll employment continued to decline in June (-467,000), and the unemployment rate was little changed at 9.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Job losses were widespread across the major industry sectors, with large declines occurring in manufacturing, professional and business services, and construction..
Friday, August 07, 2009
U.S. Economy, Confidence Games and Ponzi Schemes / Economics / US Debt
After hearing a lot of talk in recent days about hopeful signs for the U.S. economy and how it is vital that consumers regain their confidence in order for a recovery to truly take hold, it struck me once again that the U.S. economy, more so than most other economies around the world, is really just a "confidence game".
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Friday, August 07, 2009
Cash for Bankers! Cash for Clunkers!, Don't Count On Economic Recovery / Economics / Credit Crisis Bailouts
Bill Bonner writes: The future cometh…
Cash for bankers! Cash for Detroit’s clunkers! From one scam to the next…
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Thursday, August 06, 2009
Charting the U.S. Recession Unemployment Crisis / Economics / Recession 2008 - 2010
I have been following a number of unemployment charts showing just how bad the current recession is. Click on any chart to see a sharper image.
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Thursday, August 06, 2009
Bank of England Panics and Prints Another £50 billion to Prevent Economic Depression / Economics / Quantitative Easing
The Governor of the Bank of England, Mervyn King waved his magic wand again today and conjured another £50 billion into existence to the surprise of most market commentators right from the BBC downwards with Stephanie Flanders seen floundering to back track on previous commentary on BBC TV News, as lemming like behaviour had led the mainstream media to conclude that the Bank of England had put Quantitative easing on hold in the face of growing signs of economic recovery.
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Thursday, August 06, 2009
Obama and the Economy, Propaganda and Truth / Economics / Recession 2008 - 2010
Travel with me back to yesterday, the early days of the Reagan administration, when taxes were being cut and spending increases were being curbed (the actual cuts were few), and when journalists were losing their heads about the supposedly catastrophic state of the economy.
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Wednesday, August 05, 2009
ISM Shows Recession Not Over Yet / Economics / Recession 2008 - 2010
The horn tooters have to wait at least another month before the recession is over judging from the non-manufacturing ISM numbers.
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Wednesday, August 05, 2009
The Economic Stimulus Isn't Stimulating / Economics / Economic Stimulus
Bill Bonner writes: For whatever reason, the French newspaper, Liberation, chose to recall a grim event last week. On February 4, 1912 Franz Reichelt, also known as the 'flying tailor,' put on his contraption – a homemade outfit designed to work like a parachute – went up to the first observation level of the Eiffel Tower, hesitated...then stepped over the rail and jumped.
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Wednesday, August 05, 2009
Any Economic Bright Spots Amidst the Global Recession? / Economics / Economic Recovery
Deleted.
Wednesday, August 05, 2009
This Economic Depression is Just Beginning / Economics / Great Depression II
Too bad Pulitzers aren't handed out for blog-entries. This year's award would go to Zero Hedge for its "The 'Money on the Sidelines' Fallacy" post. This short entry shows why the economy will continue its downward slide and why the US consumer will not get off the mat and resume spending as he has in the past. The fact is the Net Wealth of US Households has "declined from a peak of $22 trillion to just under $12 trillion in early March."
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Wednesday, August 05, 2009
State of the U.S. Economy, "This is Not a Free Market" / Economics / Recession 2008 - 2010
The Renegade Economist goes to New York to hear Dr. Michael Hudson's views on the state of the US Economy.
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Wednesday, August 05, 2009
U.S. Economy GDP Review, Where is the Consumer? / Economics / Recession 2008 - 2010
This week I am in the office for just one day, but I can rely on my friend Dave Rosenberg to give us solid insight on the latest GDP numbers for this week's Outside the Box. Dave slices and dices to show us what really happened. David was the former Chief Economist at the former Merrill Lynch (ah, Mother Merrill, we barely knew ye.) and is now Chief Economist at Gluskin Sheff + Associates Inc., which is one of Canada's pre-eminent wealth management firms. Founded in 1984, they manage $4.4 billion. David notes that the data gives us a mixed picture.
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Tuesday, August 04, 2009
Brazil and China Economies Among the First to Recover / Economics / Economic Recovery
Martin Weiss writes: Did you miss my urgent strategy update last week?
If so, before reading any further, be sure to watch it now. Or, if you prefer, review the transcript.
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Tuesday, August 04, 2009
Bernanke Has Put the U.S. Economy on the Path to Stagflation / Economics / Stagflation
Martin Hutchinson writes: As the U.S. and global economies stabilize, economists wonder how U.S. Federal Reserve Chairman Ben S. Bernanke will manage to reverse all the monetary stimulus that has been infused into the economy over the past year and prevent inflation.
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Tuesday, August 04, 2009
Latvia Economic Crisis as Thatcher Free Market Model Collapses / Economics / Recession 2008 - 2010
The global financial and economic crisis has hit the small Baltic country Latvia harder than any single country with the possible exception of Iceland. As part of its attempt to join the European Monetary Union the country has fixed its currency the Lats to the Euro. The result has been to make a bad situation catastrophic. How the situation develops will have direct bearing on the fate of many emerging countries of eastern Europe. It marks the death of the radical experiment with Thatcherism in eastern Europe.
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