Category: Economic Depression
The analysis published under this category are as follows.
Friday, November 27, 2009
The Forgotten Economic Depression of 1920 / Economics / Economic Depression
By: Thomas_E_Woods
It is a cliché that if we do not study the past we are condemned to repeat it. Almost equally certain, however, is that if there are lessons to be learned from an historical episode, the political class will draw all the wrong ones — and often deliberately so.
Far from viewing the past as a potential source of wisdom and insight, political regimes have a habit of employing history as an ideological weapon, to be distorted and manipulated in the service of present-day ambitions. That's what Winston Churchill meant when he described the history of the Soviet Union as "unpredictable."
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Tuesday, November 24, 2009
The Great Depression of the 14th Century / Economics / Economic Depression
By: Murray_N_Rothbard
Most people — historians not excepted — are tempted to think of economic and cultural progress as being continuous: in every century people are better off than in the one preceding. This comforting assumption had to be given up quite early when the Dark Ages ensued after the collapse of the Roman Empire. But it was generally held that after the "renaissance" of the 11th century, progress in western Europe was pretty well linear and continuous from that point to the present day.
Friday, October 30, 2009
Krugman, The Gold Standard and the Great Depression / Economics / Economic Depression
By: Robert_Murphy
Paul Krugman has concentrated his fire recently on those "thumping their chests" over the falling dollar. He has particular scorn for those recommending a return to the gold standard. In Krugman's view, a simple look at the historical facts will show that it was a superstitious fetish for the yellow metal that prolonged the Great Depression.
Monday, September 07, 2009
Robert Prechter Warning Economic Depression and Financial Crisis Worse To Come / Economics / Economic Depression
By: EWI
Dear reader,
Robert Prechter of Elliott Wave International in his recent 10 page newsletter (download for free) challenges the economic recovery hype with hard facts and independent analysis, and insightful charts. You’ll find out why the worst is NOT over and what you can do to safeguard your financial future.
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Monday, August 10, 2009
Is Everything You Learned about the Great Depression Wrong? / Economics / Economic Depression
By: Q1_Publishing
What if I asked you to forget everything you ever learned about the Great Depression?
You’d say I was crazy.
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Sunday, June 28, 2009
Ben Bernanke on the Great Depression / Economics / Economic Depression
By: Clif_Droke
A major result of last year’s credit storm is a lingering sense of dread and foreboding among investors. Many are waiting for the proverbial “other shoe to drop” as the memories of last year’s crisis, and its attendant economic effects, are still fresh in mind.
Wednesday, June 24, 2009
The Great Depression Revisited / Economics / Economic Depression
By: MISES
Hans F. Sennholz writes: Although the Great Depression engulfed the world economy many years ago, it lives on as a nightmare for individuals old enough to remember and as a frightening specter in the textbooks of our youth.
Some 13 million Americans were unemployed, "not wanted" in the production process. One worker out of every four was walking the streets in want and despair. Thousands of banks, hundreds of thousands of businesses, and millions of farmers fell into bankruptcy or ceased operations entirely.
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Tuesday, June 23, 2009
A Tale of Two Economic Depressions / Economics / Economic Depression
By: John_Mauldin
This week's Outside the box looks at some very interesting research done by two economic historians, Barry Eichengreen of the University of California at Berkeley and Kevin O'Rourke of Trinity College, Dublin They give us comparisons between the Great Depression and today's downturn. They continue to update their data from time to time, the link to their work is at http://www.voxeu.org/index.php?q=node/3421. I have not previously heard of www.voxeu.org, but it is a collection of the work of well regarded international economists that seems quite interesting for those who enjoy readings in the dismal science.
Sunday, March 15, 2009
Japan's Economic Depression Deepens, Protectionism Could Trigger Global Depression / Economics / Economic Depression
By: John_Mauldin
- Where Have My Earnings Gone?
- The Land of the Setting Sun
- The Swiss Start Their Engines
- My One True Nightmare
This week we look at the Land of the Rising Sun. Japan is going through major upheavals, and they will have consequences all over the world. And what are those wild and crazy Swiss central bankers up to? It's time for another round of competitive devaluation. And of course I have to look at the recent Barron's cover story, about how stocks are cheap. There's a lot to cover.
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Thursday, March 12, 2009
OPEC /GCC Countries Too Are Under The Grip of The Great Depression II of 2009 / Economics / Economic Depression
By: Submissions
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 04, 2009
Deflationary Depression or Hyperinflation? / Economics / Economic Depression
By: Brian_Bloom
In summary, the following analysis / argument concludes that Depression is a far more likely outcome than Hyperinflation.
The mathematics of inflation is as follows:
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Tuesday, March 03, 2009
U.S. Economic Crisis Replay of Japan's Lost Decade Depression / Economics / Economic Depression
By: Money_Morning
Keith Fitz-Gerald writes: If you want a real look at what's headed this way, ask Hideko Toyotomi. When Japan's so-called “Lost Decade” began with a bang in the early 1990s, she was an “OL” - an office lady - working in one of Japan's mightiest corporations and she kept her job, despite the downturn. Read full article... Read full article...
Monday, March 02, 2009
Beginning Now: The Panic Phase of the Economic Collapse / Stock-Markets / Economic Depression
By: Money_and_Markets
If you missed our latest video, “The 11 Laws of Bear Market Success,” or you want to watch it again, click here now for the recording.
The timing couldn't be better. Indeed …
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Sunday, March 01, 2009
Saving America From Further Crisis In The Age Of The Great Depression II / Economics / Economic Depression
By: Submissions
Dr. Raju M. Mathew writes:
The Great Depression II
America is in the grip of the Great Depression II of 2009. It is in crisis for a minimum period of five years. Its economy is weak and sick. It is not at all competitive for its cost of production is the highest as its cost of living. The American thinks tanks and lobbyists of big corporations, especially of the defense industry and arm traders have made everything complex without any simple solution with their wrong projections and ill-advices.
Monday, February 23, 2009
There's only one Cure for a Depression / Economics / Economic Depression
By: Michael_Pento
In contrast with a depression, a recession is relatively easy to bring to an end. The genesis of a recession is caused by excessive credit creation on the part of banks and the Fed. The superfluous money drives prices higher and the rate of inflation begins to increase at a pace that makes the Fed uncomfortable. The Central bank then begins to raise rates in order to soak up that liquidity and put an end to its easy monetary policy. Read full article... Read full article...