Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.
Monday, July 20, 2009
Inconvenient Truth About Government Economic Statistics / Economics / Recession 2008 - 2010
By: Adrian_Ash
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
By: Mike_Shedlock
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.
Sunday, July 19, 2009
Marc Faber on the Next Bubble, It's Government Spending and Debt / Economics / Liquidity Bubble
By: LewRockwell
Julie Crawshaw writes: Some economists think that another bubble is what’s needed to get the economy moving again.
Gloom, Boom and Doom publisher Marc Faber said this is ridiculous, and that the Federal Reserve – which he holds responsible for creating the housing bubble – wants to do it all over again.
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Sunday, July 19, 2009
Cooking the Economy, the Great Government Bread Machine / Economics / Government Intervention
By: LewRockwell
David Calderwood writes: "Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded – here and there, now and then – are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty. This is known as ‘bad luck.’" ~ Robert A. Heinlein
Sunday, July 19, 2009
Russia to Stay in Recession Until 2011 / Economics / Russia
By: Pravda
Russian economists consider the current economic crisis will last long. Almost all experts predict that the Russian economy will continue to decline this year. Optimistic specialists expect this recession to stop in 2010.
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Saturday, July 18, 2009
American Economic Dream or American Nightmare? / Economics / Recession 2008 - 2010
By: Mike_Shedlock
Here is an email from JMI that I would like to share. Jeff writes:
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Saturday, July 18, 2009
Has Paul Krugman Become an Austrian Economist? Not Quite…. / Economics / Economic Theory
By: LewRockwell
William L. Anderson writes: Paul Krugman has looked at Austrian Theory of the Business Cycle and found it wanting. First, he mistakenly calls it a "hangover theory" when, in fact, it is a theory of easy credit leading to malinvestments. Second, he really does not understand that government cannot sustain a boom once the financial wave has crested. Third, he has no understanding of the heterogeneity of assets, assuming that capital and other assets are homogeneous for the purposes of economic policy.
Friday, July 17, 2009
NO Chance of Inflation on Near Horizon / Economics / Deflation
By: The_Gold_Report
Unlike many of his colleagues in the world of investment analysis, Discovery Investing pioneer Dr. Michael Berry doesn't expect inflation to enter the economy for two or three years, after considerably more deleveraging takes place and real recovery begins. In this exclusive interview, he tells The Gold Report this is a great time for contrarians to do some bargain hunting. (7/17/09).
Friday, July 17, 2009
Expect Seven Years of Subpar Economic Growth and High Unemployment / Economics / US Economy
By: Mike_Shedlock
BLS data shows Unemployment Rate Tops 10% In 15 States.
Thursday, July 16, 2009
Nouriel Roubini Forecasting Recession 2009, No Economic Growth Until 2010 / Economics / Recession 2008 - 2010
By: RGE_Monitor
Deleted.
Thursday, July 16, 2009
Keynesian Economics, the Usual Suspects / Economics / Economic Theory
By: MISES
Fred Buzzeo writes: In 1977, the prolific economic writer Henry Hazlitt wrote, [T]here has been a profound change in the economic reputation of Keynes' General Theory. It is no longer accepted as the new gospel. Professors of economics can openly declare themselves to be non-Keynesians and even anti-Keynesians and still be treated with respect.[1]
Thursday, July 16, 2009
Can The Economy Recover? / Economics / Recession 2008 - 2010
By: Paul_Craig_Roberts
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.”
Wednesday, July 15, 2009
UK Unemployment Record Rise, a Jobless Debt Fuelled Economic Recovery? / Economics / Recession 2008 - 2010
By: Nadeem_Walayat
UK headline Unemployment rate (ILO) surged higher by a near unprecedented number of 281,000 in the three months to the end of April 09, taking unemployment to a 13 year high of 2.38 million to officially stand at 7.6% of the workforce. Meanwhile the job seekers benefit claimant count rose by 30,000 to the quarter to the end of June to stand at 1.553 million. The surge in unemployment has been widely carried by the tv news media and mainstream press to imply a very weak jobless recover that suggests unemployment levels to rise significantly about 3 million by early next year.
Wednesday, July 15, 2009
What Really Brought Us out of the Great Depression? / Economics / Recession 2008 - 2010
By: Justice_Litle
Does “stimulus” really work? Does quantitative easing work? The historical record suggests not. So what brought us out of the Great Depression? The answer might surprise, even though it shouldn’t...
A grumpy President Obama says that the $787 billion dollar stimulus package “has worked as intended.”
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Wednesday, July 15, 2009
China Ignites Huge Credit Boom, Will it End in Tears? / Economics / China Economy
By: Money_and_Markets
Claus Vogt writes: China’s economic successes during the past ten years have been very impressive.
It has remodeled its economy along the guidelines of free market principles.
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Wednesday, July 15, 2009
Exposing the Myths of Deflation and Recession / Economics / Deflation
By: EWI
This article is part of a syndicated series about deflation from market analyst Robert Prechter, the world's foremost expert on and proponent of the deflationary scenario. For more on deflation and how you can survive it, download Prechter's FREE 60-page Deflation Survival eBook , part of Prechter's NEW Deflation Survival Guide.
Wednesday, July 15, 2009
The Keynesian Economic Revolution and the Neo-liberal Counter-revolution / Economics / Economic Theory
By: Global_Research
Dr. Eric Toussaint writes: As a result of the depression of the 1920s and 1930s, a new wave of critics tackled the neo-classical creed on a largely pragmatic basis. This new wave was international and involved political leaders and economists from differing belonging to various currents backgrounds: enlightened bourgeois thinkers, socialists and Marxists. In a context of mass unemployment and depression, proposals came forward for major public works, for anti-cyclical injections of public money, and even for bank expropriations.
Wednesday, July 15, 2009
Towards a Solution to the California Debt Crisis / Economics / US Debt
By: Global_Research
Ellen Brown writes: Four Wall Street banks, which received $15-25 billion each from the taxpayers, have rejected California’s IOUs because the State is supposedly a bad credit risk. The bailed out banks would seem to have a duty to lend a helping hand, but they say they don’t want to delay an agreement on further austerity measures. State legislators are not bowing quickly to the pressure, but what is the alternative?
Wednesday, July 15, 2009
Will Obama's Job Retraining Programs Save The Unemployed? / Economics / Recession 2008 - 2010
By: Mike_Shedlock
President Obama is mulling rental options for foreclosed homeowners. Furthermore Obama seeks job training for the unemployed, concedes unemployment is getting worse, says auto jobs are not coming back, yet magically assumes job retraining will save the day.
Tuesday, July 14, 2009
The Great Baby-Boomers Economic Depression of 2007-2017 / Economics / Pensions & Retirement
By: Global_Research
Prof Rodrigue Tremblay writes: "Banking Establishments Are More Dangerous Than Standing Armies." Thomas Jefferson (1743-1826), 3rd US President
"... a serious depression seems improbable; [we expect] recovery of business next spring, with further improvement in the fall." Harvard Economic Society (HES), November 10, 1929
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