In This Crisis, Government Spending Isn't Likely to Do Us in -- But Private Savings Might.
In a crisis, the ratio of public debt to GDP must rise.
In a crisis, the ratio of public debt to GDP must rise.
Hale "Bonddad" Stewart | Posted 07.28.2009 | Business
Doom sells. When someone says "the sky is falling" it's easy to say "yes it is." However, the data points of the last 3-4 months indicate the economy is bottoming. In addition, the leading economic indicators tell us the possibility of recovery is very high.
AP | Jeannine Aversa, AP Economics Writer | Posted 07.26.2009 | Business
WASHINGTON (AP) -- The economy tumbled at a 5.5 percent pace in the first quarter, but appears to be doing better now, even though heavy layoffs persi...
Michael Pento | Posted 07.16.2009 | Business
What we are experiencing is just an artificially derived respite -- we have only entered the eye of our debt induced hurricane.
smartmoney.com | Posted 07.13.2009 | Business
Today Williams runs Shadow Government Statistics (ShadowStats.com) from his home. For $175 a year subscribers get economic data and analysis adjusted ...
Michael Pento | Posted 07.07.2009 | Business
As long as we continue to substitute spurious growth models for genuine growth policies we will continue to lose global power and influence.
Zachary Karabell | Posted 06.19.2009 | Business
The consensus about the future, based on predictions that have never been right in the past, is for anemic economic activity through the fall and then fairly decent into next year with still high unemployment.
Chip Conley | Posted 06.18.2009 | Business
Modern man has been liberated by prosperity but not fulfilled by it; psychologists and economists are seeking new ways to measure the intangibles of public welfare.
Chip Conley | Posted 05.30.2009 | Business
There's much evidence today showing that this GDP = Quality of Life perspective is just plain wrong both in the developed and the less-developed world.
Michael Pento | Posted 05.22.2009 | Business
President Obama is smooth. He has an incomparable ability to say the correct thing, then go and do the exact opposite.
James Berman | Posted 05.14.2009 | Business
Common knowledge doesn't influence markets, only true surprises do.
bloomberg.com | Mark Pittman and Bob Ivry | Posted 05.01.2009 | Business
March 31 (Bloomberg) -- The U.S. government and the Federal Reserve have spent, lent or guaranteed $12.8 trillion, an amount that approaches the valu...
Max Fraad Wolff | Posted 04.26.2009 | Business
An angry public is getting distracted hunting evil doers that really don't matter much in the grander national scheme.
AP | JEANNINE AVERSA and CHRISTOPHER S. RUGABER | Posted 04.26.2009 | Home
WASHINGTON — Hopes that the economy may be poised for a recovery got a splash of reality Thursday: The unemployment rolls are still getting bigg...
Robert L. Borosage | Posted 04.10.2009 | Politics
G-20 conferences have generally been for show. The stakes are real this time -- and the odds going in are against the president in gaining the bold action needed.
Wall Street Journal | Robert J. Barro | Posted 04.04.2009 | Business
Central questions these days are how severe will the U.S. economic downturn be and how long will it last? The most serious concern is that the downtu...
Hale "Bonddad" Stewart | Posted 04.03.2009 | Business
Exports were the one solid performer -- until last quarter when they dropped over 20%. Imports dropped as well due to the lack of consumer demand. There is no area of the economy looking good right now.
AP | JEANNINE AVERSA | Posted 03.30.2009 | Business
WASHINGTON — The economy is moving in reverse faster than the government can measure. The contraction for the fourth quarter of 2008 had been e...
Saskia Sassen | Posted 03.28.2009 | Business
The real challenge we face is how to switch out of the hyper-financial mode of the last two decades. It is not to rescue zombie banks.
CNN | Alexandra Twin | Posted 02.25.2009 | Business
Investors this week will face the largest batch of company report cards yet, in what is quickly shaping up to be the worst quarter for corporate profi...
Michael Pento | Posted 01.30.2009 | Politics
The two hallmarks of a banana republic are very high rates of inflation coupled with substantial government controls over the economy, which lead to high rates of unemployment and poverty.
John Tepper Marlin | Posted 01.01.2009 | Business
The seven "Wise Men" announced today that the economy entered a recession back in December 2007. The "Wise Men" are seven economists on the NBER Business Cycle Dating Committee.
Times of India | Posted 12.31.2008 | World
THIMPHU: Bhutan's Gross National Happiness (GNH) has found a new admirer in Brazil, which says it plans to adopt the unique development index as it wi...
Economix | Catherine Rampell | Posted 12.26.2008 | Business
Today the revised gross domestic product report came out, and it showed that the United States economy shrank by 0.5 percent in the third quarter. How...
AP | JEANNINE AVERSA | Posted 12.26.2008 | Business
WASHINGTON — Bad news was no news to the battered American economy Tuesday. The government released a triple dose of discouraging data: The eco...
Marshall Auerback | Posted 08.02.2009 | Business