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Baseline Scenario

Eurozone Bailout: The Kitchen Sink Goes In -- Now It's All About Solvency

BaselineScenario.com | Simon Johnson | Posted 05.25.2011 | Business

This is a whole new level of global moral hazard -- the result of an alliance of convenience between troubled governments in the south of Europe and t...

James Kwak: JPMorgan Ad's Dubious Promises To Boost Lending

baselinescenario.com | James Kwak | Posted 05.25.2011 | Business

At The Baseline Scenario, James Kwak challenges a new JPMorgan ad that pledges to lend $10 billion to small business this year: "according to the ad i...

Don't Call It a Comeback

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

This rather overwhelming response to the first "green shoots" of the economic crisis suggests that we've reached a significant, even threshold, moment that policymakers must utilize.