Category: US Economy
The analysis published under this category are as follows.
Thursday, June 11, 2009
Worst of the U.S. Recession Over / Economics / US Economy
By: Pravda
Oil prices soared above $71 a barrel Wednesday to reach a 2009 high, as investors poured money into crude markets to protect themselves against the inflation risks posed by a weakening U.S. dollar.
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Wednesday, June 10, 2009
What the Dramatic Turn in the U.S. Saving Rate Could Mean to You / Economics / US Economy
By: Money_and_Markets
Claus Vogt writes: During the past few weeks of exciting “green shoot” news, a very important economic statistic has been ignored: The U.S. saving rate.
U.S. citizens have been saving less and less since the early 1980s. And the saving rate even turned negative during the height of the real estate bubble.
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Thursday, June 04, 2009
United States Destined to Become the Great Britain of the 21st Century? / Economics / US Economy
By: James_Quinn
WHO ARE THOSE GUYS - Sheriff Ray Bledsoe: [to Butch and Sundance] You should have let yourself get killed a long time ago when you had the chance. See, you may be the biggest thing that ever hit this area, but you're still two-bit outlaws. I never met a soul more affable than you, Butch, or faster than the Kid, but you're still nothing but two-bit outlaws on the dodge. It's over, don't you get that? Your times is over and you're gonna die bloody, and all you can do is choose where.
Wednesday, June 03, 2009
GM Bankruptcy, There Goes The Country / Economics / US Economy
By: John_Browne
Yesterday, after a painfully long death spiral, General Motors finally filed for Chapter 11 bankruptcy protection. Oftentimes, bankruptcy portends rebirth. Unfortunately, the politically-inspired GM plan holds no such possibilities. Under the current deal, the restructuring of GM will cost taxpayers some $100 billion (after the hidden costs of interest and refinancing are included). Even then, it is highly unlikely that GM will ever be competitive or that its debts will ever be repaid. Far worse, the massive government bailout will delay rather than encourage broader economic recovery. And yet, U.S. stock markets rose on the GM announcement as if it were good news.
Wednesday, May 27, 2009
Are the US Consumers Ready to Go Shopping Again? / Economics / US Economy
By: Mark_OByrne
The recent Consumer Confidence survey conducted in the US revealed a surprising increase in consumer confidence for the month of May. In marked contrast to the previous few months, May's figure was the highest it has been since September 2008. However, while better than at the start of the year, the figure remains at historically depressed levels. Furthermore, US house prices have dropped over 18% in March from the same period last year.
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Saturday, May 23, 2009
The Economy / Politics / US Economy
By: Kevin_Geary
An Original Children's Story in Pictures and Words by Kevin Geary ©2009
One day, the Bankers came to Congress and said, "We're completely broke!"
Friday, May 15, 2009
Why the Economy Will Recover Differently This Time / Economics / US Economy
By: Hans_Wagner
Eventually the economy will stop declining and start to recover. The manner in which it recovers will provide investors substantial profits if they have a well-founded theme to base their investing strategy. This recession is the result of substantive changes in the economy that will be with us for years to come. Once the recover begins, we should have a good idea how each sector will deal with a stumble along economy. Since the stock market anticipates a recovery by rallying earlier, it is important for investors to be prepared for the changes that are coming.
Tuesday, March 31, 2009
The Cost of Running a Global Empire / Politics / US Economy
By: James_Quinn
Generals gathered in their masses Just like witches at black masses
Evil minds that plot destruction
Sorcerers of deaths construction
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Monday, March 30, 2009
Noam Chomsky on Geithner the U.S. Economy and Democracy / Politics / US Economy
By: Submissions
Video & Transcript -
Chomsky: Plan is recycled Bush/Paulson. We need nationalization and steps towards democratization. Read full article... Read full article...
Thursday, March 26, 2009
United States Economy, U.S. Dollar and the China Factor / Economics / US Economy
By: Jim_Willie_CB
A crisis of global confidence in the US Dollar is upon us. Foreigners have begun to lose respect for USGovt approach to problem solving, for US bank administration, and for US Dollar custodial management. Foreigner creditors have suffered deep losses from fraudulent bond export, continue to sit atop mountains of US$-based debt securities, and watch current events in horror. The heap of moldy paper includes both USTreasury Bonds and USAgency Mortgage Bonds. Foreigner creditors see the US Dollar valuation propped up by liquidation forces rather than US Economic strength. Foreigner creditors see the USTBond yields forced down by liquidation forces rather than USGovt debt integrity. Read full article... Read full article...
Tuesday, March 24, 2009
When the United States Ruled the World / Economics / US Economy
By: James_Quinn
I used to rule the world Seas would rise when I gave the word
Now in the morning I sleep alone
Sweep the streets I used to own
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Monday, March 09, 2009
Collapse of the United States, Repeating the Same Mistakes as the Soviet Union / Economics / US Economy
By: Nadeem_Walayat
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...
Wednesday, March 04, 2009
The Old Consumer Economy Faces A New Era Of Thrift / Economics / US Economy
By: Guy_Lerner
The troubles in the financial markets over the last year will lead to a new era of thrift, and this will be radically different than the past 20 years of excesses as consumers change their habits. Consumers are already retrenching and increasing their savings amongst the economic uncertainty, but I think these changes portend an even deeper shift in personal behavior. Read full article... Read full article...
Wednesday, March 04, 2009
The Other Looming $7 Trillion Financial Crisis: Social Security / Politics / US Economy
By: Money_and_Markets
Nilus Mattive writes: My new retirement report just went to press yesterday, so the material is fresh in my mind. And while I can't share the contents with you here in Money and Markets , there is one topic in that report that I want to talk about today. Read full article... Read full article...
Tuesday, March 03, 2009
The End of the Consumer Credit Empire: Stairway to Retail Heaven / Economics / US Economy
By: James_Quinn
There's a lady who's sure All that glitters is gold
And she's buying a stairway to heaven
When she gets there she knows
If the stores are all closed
With a word she can get what she came for
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Thursday, February 26, 2009
Why the U.S. Economy is Designed to Fail / Politics / US Economy
By: Richard_C_Cook
President Barack Obama showed a great deal of gumption in standing before Congress last night delivering his first speech to the joint assembly. All the trappings of power were on display as members of the House and Senate, the Supreme Court, the Joint Chiefs, the Cabinet, and the VIP guests hugged and waved at each other, radiant in their tailored attire only two nights after the Hollywood stars put on their own show on Oscar night.Read full article... Read full article...
Wednesday, February 25, 2009
How Can the U.S. Economy Recover Without Manufacturing Capacity? / Politics / US Economy
By: Submissions
"You can't put people to work in American factories that don't exist." Read full article... Read full article...
Tuesday, February 24, 2009
How the US Economy Was Lost / Economics / US Economy
By: Submissions
Paul Craig Roberts writes:
The American economy has gone away. It is not coming back until free trade myths are buried six feet under. America's 20th century economic success was based on two things. Free trade was not one of them. America's economic success was based on protectionism, which was ensured by the union victory in the Civil War, and on British indebtedness, which destroyed the British pound as world reserve currency. Following World War II, the US dollar took the role as reserve currency, a privilege that allows the US to pay its international bills in its own currency. Read full article... Read full article...
Wednesday, February 04, 2009
Pessimism Ahead of Friday's NonFarm Payrolls Jobs Report / Economics / US Economy
By: Michael_Pento
Any Hope for Job Growth? - This Friday's release on nonfarm payrolls will shine a burning light on our nation's need to promote growth and create new jobs. After losing 2.7 million jobs in 2008, projections are to start off 2009 with a 1/2 million reduction in payrolls. The unemployment rate which closed the year at 7.2% is expected to climb to 7.4% in this latest report.Read full article... Read full article...
Wednesday, February 04, 2009
America and the Creation of an Economic Frankenstein / Politics / US Economy
By: Oxbury_Research
Jim McTague has been writing articles for Barron's for a very long time. He's a better journalist than I and likely earns more money. He writes a column called D.C. Current for the august investment weekly and boasts the title Washington Editor. For my part… well, it's not nice to boast. The only thing the two of us may have in common is a Northern Irish distaste for all things orange and a love of the Pogues. The fact that our grandfathers once put the boots to a black and tan before his went and ratted out mine, I'll leave to another time. Read full article... Read full article...