Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.Thursday, March 12, 2009
OPEC /GCC Countries Too Are Under The Grip of The Great Depression II of 2009 / Economics / Economic Depression
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 11, 2009
Geithner "Deus ex Machina" Salvation from Debt Deflation / Economics / Credit Crisis 2009
"Deus does not exist."But if he does, He lives above me,
"In the fattest largest cloud up there..."
- The Sugarcubes, Deus
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Wednesday, March 11, 2009
Financial and Economic Crisis Questions and Answers / Economics / Recession 2008 - 2010
Elliott Wave International, the world's largest market forecasting firm, receives thousands of questions every year from web site visitors and subscribers on their free Message Board .
Here the company shares 6 of the recent critical questions on the financial crisis and 6 answers provided by their professional analysts.
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Wednesday, March 11, 2009
Printing Money Could Save the UK Economy, But it Will Crush the British Pound / Economics / Quantitative Easing
Eight pence is all that stands between the pound and 1 for 1 parity with the euro.After its short lived recovery, the pound looks to be taking the dreaded “next leg down” and is firmly back in bear market territory. I'd strongly recommend that you defend your wealth against further pound falls, it could be ugly.
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Wednesday, March 11, 2009
U.S. Economic Recovery Goldilocks or More Gloom and Doom? / Economics / Recession 2008 - 2010
William Patalon III writes: When it comes to the U.S. financial crisis, it's tough to know just what to think or who to believe these days. If you want an example, just look at yesterday (Tuesday). Citigroup Inc. ( C ) Chief Executive Officer Vikram S. Pandit revealed that the embattled banking giant was having its best quarter since 2007 , and said that he's confident about Citi's capital strength - statements that unleashed a flood of speculation that the worst of the banking crisis is over.Read full article... Read full article...
Tuesday, March 10, 2009
Economic Depression Investing – Which Currencies to Hide in? / Economics / Investing 2009
The world's a mess and in our eyes policy makers are inadvertently doing their best to worsen a bad situation. Let's assume you've had it and want to hide somewhere safe to ride out the storm. Unfortunately there appears to be no such thing as a safe asset anymore. Therefore you may want to consider taking a diversified approach to something as mundane as cash. Sure, U.S. Treasury Bills are the one “safe” asset – at least by regulation.Read full article... Read full article...
Tuesday, March 10, 2009
Is the Recession Near Bottom? / Economics / Recession 2008 - 2010
Martin Hutchinson writes: Last week's economic data told us two things. First, this recession is almost certainly going to be the worst since World War II. Second, the pit isn't bottomless; there are faint signs of a landing - although it is still some considerable way further down.
For investors, the prospect of a not-quite-bottomless pit in the United States is unexciting, to say the least, so it's worth looking internationally for areas where the news is rather better.
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Monday, March 09, 2009
Debt Relief and Financial System Regulation / Economics / Recession 2008 - 2010
"We've explained the difference between a recession and a depression before. But we'll do it again. A recession is a pause in an otherwise healthy, growing economy. A depression is when the economy drops dead." Bill Bonner, The Daily ReckoningRead full article... Read full article...
Monday, March 09, 2009
Collapse of the United States, Repeating the Same Mistakes as the Soviet Union / Economics / US Economy
Author Dmitry Orlov in the following video explains why the United States must work on creating a new economy rather than patching the old failed economy as the United States following the same trajectory as the former Soviet Union around debt, politics, militariasm and energy that ended in total economic and political collapse.Read full article... Read full article...
Monday, March 09, 2009
Deflationary Depression Returns To Haunt America / Economics / Recession 2008 - 2010
David Rosenberg, North American Economist at Merrill Lynch is talking about a " Depression-Style Jobs Report "
We cannot rule out the loss of 1 million jobs in March
Monday, March 09, 2009
U.S. Economy Worsens, Obama Should Focus on Fundamentals / Economics / Recession 2008 - 2010
William Patalon III writes: sports, championship-caliber teams all have at least one characteristic in common: They're able to focus on the fundamentals. With the U.S. unemployment rate jumping to its highest level in a quarter century in February, it's become abundantly clear that that the U.S. recession is much deeper than President Barack Obama anticipated, meaning it's likely that additional measures will be undertaken to arrest the slide and restart growth.Read full article... Read full article...
Monday, March 09, 2009
United States Enters The Greatest Depression / Economics / Recession 2008 - 2010
Prison Planet: Celente - US has entered “The Greatest Depression”
“Trends research analyst Gerald Celente, who has risen in prominence on the back of his deadly accurate economic predictions, says that the collapse of financial markets heralds the start of ‘The Greatest Depression'.
“In his latest Trend Alert bulletin, Celente attacks mainstream pundits who falsely predicted a market bottom and the start of a recovery, noting that conventional analysts have been proven ‘dead wrong' again and that, ‘There will be no turn around in the second quarter of 2009 or 2010 or 2011.'
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Sunday, March 08, 2009
Keynesian's Blame Asian Saving's for Causing the Economic Crisis / Economics / Economic Theory
"Thank Heaven for little Keynesian Nobel laureates... without them what would little Keynesian Treasury secretaries do?..." At the long last we got the official explanation how we got into this mess. In his March 2, 2009, column in The New York Times under the banner title Revenge of the Glut Paul Krugman tells us, quoting the authority of the Chairman of the Fedreal Reserve Ben Bernanke, that it is all the fault of the Asians. They save damn too much. They test the endurance of unhappy Americans who bankrupt themselves in trying to work off all that darned excess saving fast enough before it can do more damage. Even though they do their level best, they could not keep up with the prodigious output of the Asians and "global savings glut" is the result.Read full article... Read full article...
Sunday, March 08, 2009
Obama's Economic Train Wreck Gathers Speed / Economics / Recession 2008 - 2010
It's becoming increasingly clear to market players that Obama and his merry band of economic vandals are completely clueless about economics and the role of markets. These people are purely political. For them, economics is simply a matter of tax, spend and regulate. The thought that their economically and socially destructive policies could also rip the electoral ground from under them has yet to materialise.Read full article... Read full article...
Friday, March 06, 2009
The Truth Behind the Headline Unemployment Numbers / Economics / Recession 2008 - 2010
The much-anticipated employment situation report for February 2009 has now been released. Markets breathed a sigh of relief, following recent conventional wisdom that things could have been much worse. Clearly they could have been. Clearly they are. December and January's numbers were both revised much higher (577,000 to 681,000 and 589,000 to 655,000 respectively). There is little doubt that when next month's report rolls around that the current stated loss of 651,000 will be revised much higher as well; likely to the 700,000 area.Read full article... Read full article...
Friday, March 06, 2009
Economic Stimulus Plan Lacks Backbone / Economics / Economic Stimulus
Infrastructure falls below most investors' radar, but it's a globally important theme. Developing nations have to replace crumbling structures built by former colonial rulers, as well as construct new pipelines and mass transit to serve their exploding populations. In nations like China, millions have moved from rural to urban areas, requiring a huge expansion of infrastructure. Even with the economic crisis, the middle class is a powerful force in developing nations. Newly prosperous citizens want more than just basic sanitation and transportation, however. They desire First World quality infrastructure, and they can increasingly afford to pay for it.Read full article... Read full article...
Friday, March 06, 2009
Unemployment Soars to 8.1% as Jobs Contract 14th Straight Month / Economics / Recession 2008 - 2010
This morning, the Bureau of Labor Statistics (BLS) released the February Employment Report . Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6 to 8.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors.Read full article... Read full article...
Friday, March 06, 2009
Quantitative Easing Won't Work, Another Nasty Surprise for the Stock Market / Economics / Quantitative Easing
So here we go. Into the great unknown.
The Bank of England has switched the printing presses on. The Government has effectively written itself a dirty great cheque to fund all the extra spending it's going to be doing over the next few years (for more on the details, see Why quantitative easing won't work ).
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Thursday, March 05, 2009
China's Economy Recovers as Stock Markets Turn Bullish / Economics / China Economy
China's manufacturing Purchasing Managers' Index (PMI) strengthened for a third consecutive month in February, climbing to 49.0% from 45.3% the previous month. Li & Fung Research Centre reports that there were some encouraging signs: all sub-indices were higher than their respective levels in the previous month though many were still lower than the critical level of 50% (i.e. still contracting).Read full article... Read full article...
Wednesday, March 04, 2009
When Debt Securitization Blew Up So Did the Economy / Economics / Credit Crisis 2009
"Nothing we do for banks is for banks. It's all for the benefit of the people that depend on banks -- the businesses, the families, the students -- that require credit in order to do things that are important to their future." Treasury Secretary Timothy Geithner PBS Jim Lehrer News Hour
One thing is certain, this isn't a normal recession. In a normal recession aggregate demand declines, economic activity slows, and GDP shrinks. While those things are taking place now, the reasons are quite different. The present slump wasn't brought on by a downturn in the business cycle or a mismatch in supply and demand. It was caused by a meltdown in the credit system's central core.
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