Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.
Friday, April 10, 2009
Government Unemployment Data is Fatally Flawed! Real Jobless Rate is 19.8%! / Economics / Recession 2008 - 2010
By: Money_and_Markets
Martin Weiss writes: Many years ago, when Dad and I used to look at official data and analysis, we knew they were flawed. So we developed our own. That's how we figured out that the capital of savings and loans was grossly overstated and that thousands of S&Ls were headed for a massive bust. Read full article... Read full article...
Thursday, April 09, 2009
Keynesian Economic Nonsense, Be Careful What You Wish For / Economics / Economic Stimulus
By: Peter_Schiff
Apart from the obvious financial distress that the current economic crisis has inflicted on most Americans, perhaps one of the more irksome byproducts of the meltdown has been the inescapability of clueless economic blather. It's bad enough when so-called economists serve up the same Keynesian nonsense that has led us down the current cul-de-sac in the first place. At least those people have some incidental knowledge, however deeply flawed, of basic economic concepts. It's far worse when political pundits, whose understanding of economics typically comes from Treasury Department talking points, hold forth as if they really know what is going on.Read full article... Read full article...
Thursday, April 09, 2009
Consumer Demand Destruction Continues as U.S. Trade Gap Narrows to 9 Year Low / Economics / Recession 2008 - 2010
By: Mike_Shedlock
Demand destruction continues unabated, and with it the US Trade Gap Narrows to Nine-Year Low . The U.S. trade deficit tumbled in February to the lowest level in nine years as collapsing demand from consumers and companies reverberated around the globe.
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Thursday, April 09, 2009
Great Depression or Hyperinflation? / Economics / Recession 2008 - 2010
By: Money_Morning
Is it 1932 – or 1923?
Martin Hutchinson writes: reports in the media have pointed out that this global recession is “worse than anything since the Great Depression.”
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Thursday, April 09, 2009
Rampant Signs of Economic Deflation as Consumer Spending Contracts / Economics / Recession 2008 - 2010
By: Mike_Shedlock
Signs of deflation continue to mount in numerous areas. Let's take a look at some headlines starting with a consumer spending survey: Consumer Spending to Drop Again.
U.S. consumer spending will falter after a first-quarter spurt and recover only gradually toward the end of the year, a monthly Bloomberg News survey showed. Read full article... Read full article...
Wednesday, April 08, 2009
Close Look at the Accelerating Rate of U.S. Unemployment / Economics / Recession 2008 - 2010
By: Mike_Shedlock
The trend in unemployment is unmistakably up and accelerating. Let's start with a discussion of widely followed data followed by many additional charts that you may not have seen before.
Wednesday, April 08, 2009
Bernanke Making Sure Deflation Does Not Happen Scorecard / Economics / Deflation
By: Mike_Shedlock
In case no one is keeping track, Bernanke has now fired every bullet from his 2002 “ helicopter drop ” speech Deflation: Making Sure "It" Doesn't Happen Here .Read full article... Read full article...
Tuesday, April 07, 2009
Neither Krugman Nor Bernanke Can Distinguish Excessive Money Printing From Excessive Savings / Economics / Quantitative Easing
By: Mike_Shedlock
Earlier today Calculated Risk posted a video and links to Krugman's Talk In Spain on March 17. Here is the video. A partial transcript by me follows. Read full article... Read full article...
Monday, April 06, 2009
Bailouts Insolvency vs. Liquidity, or Austrian vs. Keynesian Economics / Economics / Economic Theory
By: LewRockwell
Michael S. Rozeff writes: An economics debate of very great importance is surfacing. Is the government's economic rationale for bailing out the banks valid? If it is not, then the entire case for the bank bailouts fails. On one side of the debate are Austrians using Austrian economics, on the other side are Keynesians using Keynesian economics. Read full article... Read full article...
Monday, April 06, 2009
Bankruptcy Time Bomb in U.S. and UK Explodes / Economics / Recession 2008 - 2010
By: Mike_Shedlock
Bankruptcies are soaring in the US and UK. With jobs increasing hard to find, the Downturn Pushes More Toward Bankruptcy . The ailing economy continues to pull more Americans into bankruptcy court, where the number of troubled consumers filing for protection soared in March to its highest level since October 2005, when a new law made it more arduous and expensive to file.
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Saturday, April 04, 2009
Economic Depression, Another 663,000 U.S. Jobs Lost in March / Economics / Recession 2008 - 2010
By: Submissions
Peter Morici writes:
The Labor Department reported the economy lost 663,000 payroll jobs in March. The economy is shifting to permanently lower levels of production and employment, as the recession nears turns into a depression. Unemployment reached 8.5 percent, and adding in discouraged adults who have left the labor force and part-time workers who would prefer to work full time, the real unemployment rate is closer to 17 percent.
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Saturday, April 04, 2009
BLS BS U.S. Unemployment Statistics / Economics / Recession 2008 - 2010
By: Mike_Paulenoff
For seven consecutive months the Bureau of Labor Statistics (BLS) has revised downward, prior job loss data. The New York Times mentioned this on March 6 in Will Job Numbers Keep Being Revised Down?
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Friday, April 03, 2009
U.S. Jobs Contract 15th Straight Month; Unemployment Rate Soars to 8.5% / Economics / Recession 2008 - 2010
By: Mike_Shedlock
This morning, the Bureau of Labor Statistics (BLS) released the March Employment Report . Nonfarm payroll employment continued to decline sharply in March (-663,000), and the unemployment rate rose from 8.1 to 8.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Since the recession began in December 2007, 5.1 million jobs have been lost, with almost two-thirds (3.3 million) of the decrease occurring in the last 5 months. In March, job losses were large and widespread across the major industry sectors. Read full article... Read full article...
Thursday, April 02, 2009
The Inflationary Depression, Peter Schiff Interviews Marc Faber / Economics / Inflation
By: LewRockwell
Dr. Marc Faber runs his own business, Marc Faber Limited, which acts as an investment advisor and fund manager. He publishes a widely read monthly investment newsletters The Gloom Boom & Doom report which highlights unusual investment opportunities, and is the author of several books including Tomorrow's Gold – Asia's Age of Discovery which was first published in 2002 and highlights future investment opportunities around the world. Dr. Faber is also a regular contributor to several leading financial publications around the world. A book on Dr. Faber, Riding The Millennial Storm , by Nick Vittachi, was published in 1998. In late February, Euro Pacific President Peter Schiff interviewed the eminent economist Marc Faber by telephone from his office in Hong Kong. Read full article... Read full article...
Wednesday, April 01, 2009
Economic Decoupling Set to Increase Amongst G20 / Economics / Economic Stimulus
By: John_Browne
This week, the leaders and finance ministers of the 20 most economically important nations, or G-20, will convene in London to develop coordinated policies that they hope will prevent a worldwide depression. The leaders will also consider greater transnational regulatory oversight of the financial industry and the future of the U.S. dollar as the world's 'reserve' currency. By any reckoning, this meeting will be the most important international economic conference since Bretton Woods in 1944, or the Great Powers economic meeting in Rome in 1922.Read full article... Read full article...
Wednesday, April 01, 2009
Economic Stimulus Recipe for Cooking up Stagflation / Economics / Stagflation
By: Michael_Pento
Actually, We're not Saving Yet - There seems to be much confusion lately about the consumer's increased savings rate and if this is a good or bad condition for the health of the U.S. economy. While many Austrian economists are lauding our new found predilection to save, the Administration is obsessing over forcing banks to increase lending and compelling consumers to step up their borrowing.Read full article... Read full article...
Tuesday, March 31, 2009
OPEC Must Also Bear The Pain of the Great Depression II / Economics / Recession 2008 - 2010
By: Submissions
Dr. Raju M. Mathew writes: Age of Booms - OPEC had enjoyed all the pleasures of the boom for a very long time and that made them to become the richest bloc of the world as oil price jumped to more than $100 and to some extent to $ 147 from a reasonable price of $ 40 per barrel. As a result, their unspent oil reserve funds exceeded in terms of several trillions, far ahead of the entire wealth of over 70% of the developing countries of the world.Read full article... Read full article...
Monday, March 30, 2009
The Marginal Productivity of Debt, Why Obama's Stimulus Package Is Doomed to Failure / Economics / Economic Stimulus
By: Professor_Emeritus
Paper mill on the Potomac - The paper mill on the Potomac is furiously spewing up new money. According to the manager of the mill, as indeed according to the Quantity Theory of Money, this should stop prices from falling and the economy from contracting. Read full article... Read full article...
Monday, March 30, 2009
Three Processes to Restore Sustainable U.S. Economic Growth / Economics / Economic Stimulus
By: Submissions
Thomas Auchincloss writes: Recent media and financial market attention has been highly concentrated and responsive to the latest initiatives of Ben Bernanke and Tim Geithner. While such attention is warranted, the latest activities of the Fed and Treasury are addressing just one aspect of the bundle of ills that befall the economy and that there are actually three processes that need to complete to a sufficient, if not ideal, degree to restore an attractive basis for long term U.S. economic growth. They are: righting the financial system, systemic de-leveraging and re-balancing the global trade and currency systems.Read full article... Read full article...
Sunday, March 29, 2009
Credit Crisis Easing and Signs of Economic Recovery / Economics / Recession 2008 - 2010
By: Prieur_du_Plessis
CEP News: US Treasury unveils PIPP “The US Treasury announced Monday morning it will spend up to $1.0 trillion in a bid to provide support to the balance sheets of financial institutions and support the ‘toxic debt' market, which includes mostly mortgage-backed securities.
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