Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.Friday, July 24, 2009
US Economy: Reeling Yes, Collapse No / Economics / Recession 2008 - 2010
Tens of millions of Americans had to be integrated back into a peacetime economy following World War II. America and its finest companies understood the importance of investing for their collective futures, and by the 1950’s, that social contract and the investment it provided helped launch one of the greatest booms in history, where America's industrial might was at its peak.
Read full article... Read full article...
Friday, July 24, 2009
The Three Reasons China Will Lead the Global Economic Rebound / Economics / Economic Recovery
Keith Fitz-Gerald writes: For U.S.-centric investors who question whether it's really necessary to invest in "risky" overseas markets, here's an important fact to consider: It's China - not the United States - that's leading us back from the brink of a global financial collapse.
Read full article... Read full article...
Friday, July 24, 2009
British Economy Still in Trouble, UK GDP Contracts by 0.8% / Economics / Recession 2008 - 2010
John Stepek writes: British GDP shrunk by 0.8% in the second quarter of this year.
Until this morning, the good news had been coming thick and fast.
Read full article... Read full article...
Thursday, July 23, 2009
Bernanke Sidesteps Economic Crisis Issues / Economics / Recession 2008 - 2010
In a recent international Bloomberg poll, Bernanke was rated by investors as the greatest central banker, the man who saved the world's economy.
All it took was a doubling of the monetary base and $3 trillion – as of today – of government bailout money.
Read full article... Read full article...
Thursday, July 23, 2009
Frugal McDougall, A Rhyme For Our Economic Times / Economics / Recession 2008 - 2010
Frugal McDougall worked very hard,
Bought things with cash and not credit cards,
And when it came to the things that he bought,
Things that he needed were all that he sought.
Thursday, July 23, 2009
Global Depression Triggering the Evolution and Revolution of the Central Banking System / Economics / Central Banks
Andrew G Marshall writes: Humanity is on the verge of entering into the most tumultuous period in our history. The prospects of a global depression, the likes of which have never been seen before; a truly global war, on a scale never before imagined; and societal collapse, for which nations of the world are building totalitarian police states to control populations; are increasing by the day. The major global trend forecasters are sounding the alarms on economic depression, war, a return to fascism and a total reorganization of society.
Read full article... Read full article...
Wednesday, July 22, 2009
When Deflation Isn’t Deflation / Economics / Deflation
The most common argument I run into when I tell people that hyperinflation is looming on the horizon revolves around the current “deflationary” period. People have a hard time seeing the U.S. turning into the next Zimbabwe when we’re supposedly not experiencing any inflation at all, let alone hyperinflation. The problem lies not in the fact that we’re actually experiencing deflation and that we’ll face a fundamental, 180 degree reversal in direction in the next few years; the issue is actually found in an institutional misunderstanding of macro economics and the role it plays in defining deflation.
Read full article... Read full article...
Wednesday, July 22, 2009
For One Third of American's, Frugality is now the "New Normal" / Economics / Recession 2008 - 2010
A Gallop Poll of Americans’ future spending trends show One-Third Still Set on Spending Less.
Read full article... Read full article...
Wednesday, July 22, 2009
Meta Economics vs Quantitative Economics / Economics / Economic Theory
This brief essay is a summary of the idea "Meta-Economics" as introduced my E.F Schumacher in his classic book; "Small is Beautiful."
Economic: "Sufficient to give a good return for the money or resources expended."
Meta: "To transcend or go beyond."
Wednesday, July 22, 2009
Can Japan Avoid Another Lost Economic Decade? / Economics / Japan Economy
Deleted.
Wednesday, July 22, 2009
The Coming Great Government Debt Default / Economics / US Debt
Gary North writes: Have you ever heard this argument? "The national debt is too high. We are laying an enormous burden onto our children."
It is misleading. In what way? Because our children, like Atlas in Ayn Rand's novel, will shrug. They will send Congress a message: "No more."
Read full article... Read full article...
Wednesday, July 22, 2009
The Case for Economic Depression, Demographics / Economics / Great Depression II
If I were a forecaster of economic trends and had access to only one piece of data, it would probably be demographics. The forecasting power of demographic trends is underappreciated even though cycles of booms and busts have historically mirrored the age characteristics of the population.
Read full article... Read full article...
Wednesday, July 22, 2009
No Magical Elixir of Hope for Our Debt Based Economy / Economics / Recession 2008 - 2010
(Dirty banking secrets: our perpetual debt-based economy is generated by a global breakdown of semantic. 'Worldwide Ground Zero' will not be an Hollywood release.)
Insanity is doing the same thing over and over, and expecting a different result - A. Einstein
Tuesday, July 21, 2009
Are Emerging Market Economies Leaving Us in the Dust? / Economics / Emerging Markets
Nassim Taleb, author of The Black Swan, co-authored an editorial which appeared in the July 14th edition of the Financial Times, titled “Time to tackle the real evil too much debt”. The dirty little secret is that there is no avoiding the necessary pain and sacrifice that must occur in the aftermath of what can only be described as a period of the greatest overindulgence in the history of the world. Debt was the drug of choice and now we will continue to experience the inevitable hangover. Looking at the two jaw-dropping charts below, it should be quite obvious that it will take quite some time to burn off the excess debt that was created.
Read full article... Read full article...
Tuesday, July 21, 2009
Economic Growth Never More Needed, Never More Misunderstood / Economics / Economic Stimulus
What should be clear to all Americans is that the need to grow the economy has never been more critical. But what constitutes real growth and the pathway to achieve it, has never before been more confused.
Read full article... Read full article...
Tuesday, July 21, 2009
Credit Crunch Crisis Part2 / Economics / Credit Crisis 2009
Green Shoots Everywhere! The credit crisis is over; an economic recovery is just around the corner! Hold your horses – there may not be enough water to nourish them at the next pit stop. Hold on – isn’t a bad decision supposed to turn into good policy when you back it by trillions of freshly printed U.S. dollars?
Read full article... Read full article...
Tuesday, July 21, 2009
Obama Helps Banksters Loot the U.S. Economy / Economics / Credit Crisis Bailouts
There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical "New Economy."
Read full article... Read full article...
Tuesday, July 21, 2009
Fiscal Ruin of the Western World Beckons, a Bigger Financial Crisis Brewing / Economics / Recession 2008 - 2010
This week I offer two short essays for your reading pleasure in Outside the Box. The first is from Ambrose Evans-Pritchard writing in the London Telegraph. He gives some more specifics about the situation in Europe I wrote about this weekend.
He ends with the following sober quote: "My awful fear is that we will do exactly the opposite, incubating yet another crisis this autumn, to which we will respond with yet further spending. This is the road to ruin." This is a must read.
Read full article... Read full article...
Monday, July 20, 2009
Inconvenient Truth About Government Economic Statistics / Economics / Recession 2008 - 2010
Larry Summers: I'm Feeling Lucky - Type "rubbish economist" into Google. Then hit "I'm Feeling Lucky"...
The INCOVENIENT TRUTH about statistics, as Al Gore would no doubt confess if you threatened to stop him flying, is they look backwards, not forwards – and not even quite to the present.
Sunday, July 19, 2009
1.5 Million U.S. Unemployed Exhausting Unemployment Benefits / Economics / Recession 2008 - 2010
The Emergency Unemployment Compensation (EUC) program began in June 30,2008. Benefits under the act have now been extended twice. Unless Obama extends the program a third time, it's the end of the line for many receiving unemployment benefits.
Read full article... Read full article...