Posts Tagged ‘ recession ’
Let's dispense with the usual recap of bad news today and go straight to more important matters, like the weather.
"Is that rain?" asked a co-worker the other day.
"No. It's the sound of leaves blowing down the street," we speculated.
And it was.
Huge drifts of leaves have accumulated on the footpaths in ...read more
The Coming Oil Backdraft
Jan 22nd, 2009 | By Dan Denning | Category: Featured, Oil, Politics
Sound the alarm bells! A collision with reality is dead ahead!
The elephant in the room blasted out a mighty honk this weekend in a report by Access Economics, as reported in today's Australian. "Batten the hatches," Access says. "This is not just a recession. This is the sharpest deceleration Australia's ...read more
Government Tries to Outrun Recession… Again
Dec 10th, 2008 | By Whiskey Contributor | Category: Economics, Featured, Politics
I have a good friend named Bill who lives on the convergence of two tidal streams in an area aptly named: Twin Rivers. Last year his bulkhead was destroyed in a severe storm. The problem with repairing a bulkhead is that it is underwater, and that presents peculiar challenges. The ...read more
Inflation in a Slowdown
Apr 30th, 2008 | By Ed Bugos | Category: Macro Economics
The economy doesn’t know what to do with itself. The Fed has made it all but certain that inflation will be a problem. Prices are rising and everything has become more expensive. So what ever happened to this recession we’ve been hearing about? Shouldn’t a slowing economy be depressing prices? ...read more
Lessons of the Great Depression
Mar 31st, 2008 | By Whiskey Contributor | Category: Macro Economics
Irving Fisher was probably the greatest American economist, both in terms of the development of economic theory and as a teacher. In 1933, having himself misread the early stages of the Great Depression — and virtually bankrupted himself by ill-judged speculation — Fisher published one of his most important works. ...read more
The Struggle Between Inflation and Lending
Mar 4th, 2008 | By Dr. Marc Faber | Category: Macro Economics
I BELIEVE WE ARE IN A WAR BETWEEN TWO MAJOR ADVERSARIES. On the one side, we have the Fed (and other central banks) pumping liquidity into the system in a desperate attempt to support the asset markets and the economy. On the other side, we have the private sector, which ...read more
From Recession to Depression
Feb 4th, 2008 | By Doug Casey | Category: Macro Economics
If you credit Austrian School Economic Theory, which I certainly do, you’re forced to believe that the business cycle exists. The business cycle is driven largely by government intervention in the economy, in the form of taxes, regulation and, most importantly, currency inflation. These things give false signals to businesses ...read more
