Topic: Economic Trends Analysis
The new items published under this topic are as follows.
Saturday, July 04, 2009
Current Recession Is a Severe Credit Bust of Depression-Era Magnitude / Economics / Great Depression II
By: Mike_Whitney
There's a big difference between inventory-driven recessions and credit-driven recessions. An inventory recession is caused by a mismatch between supply and demand. It's the result of overcapacity and under-utilization which can only work itself out over time as inventories are pared back and demand builds. Credit-driven recessions are a different story altogether. They typically last twice as long as and can precipitate financial crises. The current recession is a severe credit bust of Depression-era magnitude.
Friday, July 03, 2009
Inflationary Crack-up Boom has Commenced in the G7 Economies! / Economics / Inflation
By: Ty_Andros
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. --Ludwig von Mises
Friday, July 03, 2009
A Message for Armchair Economists / Economics / Economic Theory
By: LewRockwell
Betsy Hansen writes: At some point in our intellectual development, we libertarians are naturally drawn to study economics. I think this stems from the fact that we love to explore the forces which drive our world. Economics is, in a broad sense, the study of human cooperation. A solid understanding of economics enables us to see how and why our world looks and behaves as it does.
Friday, July 03, 2009
The Keynesian System, the Economics of Illusion / Economics / Economic Theory
By: MISES
[This is the title essay of Hahn's The Economics of Illusion, his frontal attack on the Keynesian system. It is based on a lecture delivered at the Studiengesellschaft fur Wirtschaftspolitik, Zurich, Switzerland, September 12, 1947.]
Friday, July 03, 2009
U.S. Economy Economic Recovery Achilles Heel / Economics / Recession 2008 - 2010
By: Puru_Saxena
BIG PICTURE – The much anticipated economic recovery is now fully discounted by the financial markets. Most strategists and economists seem to agree that the US economy is stabilising and will start to revive towards the end of the year. Interestingly, the ‘great depression’ hyperbole doing the rounds last autumn has now been replaced by the ‘green shoots’ hype. It seems as though everyone is spotting some kind of ‘green shoots’ somewhere in the economy. If one didn’t know any better, after reading the latest headlines in the media, one could easily get the impression that perhaps the geniuses in the financial community have now become experts in horticulture!
Friday, July 03, 2009
Can China's Economy Prosper Without the U.S. Dollar? / Economics / China Currency Yuan
By: Pravda
China ’s announcement overnight that it will allow companies to settle international trade claims in yuan shows how serious the Chinese authorities are about building a local currency market.
Friday, July 03, 2009
Is Still More Economic Stimulus Needed? / Economics / Recession 2008 - 2010
By: Sy_Harding
It hasn’t been a good week for Wall Street’s ‘green shoots’ analogy. This week’s economic reports looked more like crop-killer than fertilizer, certainly not providing much support for the current popular wisdom that consumers will soon be spending us out of the recession.
Thursday, July 02, 2009
U.S. Economy Heading for Japan of the 1990's or Argentina 2002? / Economics / Recession 2008 - 2010
By: John_Lee
Introduction: The inflation / deflation debate in the US is still alive and well. In deflation camp, there is the rising star du-jour Nouriel Roubini and old timer Robert Prechter. They argue the debt collapse would cause price deflation and depress world economies for years to come. The inflation camp includes Jim Rogers and Marc Faber, who said on May 27 2009 that "I am 100 percent sure that the U.S. will go into hyperinflation "
Thursday, July 02, 2009
U.S. Unemployment Rate Hits 9.5%, Jobs Contract 18th Straight Month / Economics / Recession 2008 - 2010
By: Mike_Shedlock
This morning, the Bureau of Labor Statistics (BLS) released the June Employment Report.
Thursday, July 02, 2009
U.S. First Country to Recover From Recession / Economics / Recession 2008 - 2010
By: Pravda
A recovery from the worldwide economic slump will occur in East Asia only after it has begun in the United States, the Singapore ambassador to the U.S. said Tuesday.
Read full article... Read full article...
Thursday, July 02, 2009
Asia-Pacific Economies Grow As Developed Economies Wither / Economics / Asian Economies
By: Uncommon_Wisdom
Tony Sagami writes: The World Bank is a global financial institution that makes loans to developing countries for the stated purpose of reducing poverty.
It provides low-interest loans and interest-free grants for investments in education, health, public administration, infrastructure, financial and private-sector development, agriculture, and environmental and natural-resource management.
Read full article... Read full article...
Thursday, July 02, 2009
Will China Lead the World Out of Recession? / Economics / China Economy
By: Money_and_Markets
Claus Vogt writes: The Baltic Dry Index, which measures the freight rates for dry cargo traveling by ship, hit an all time high of 11,793 on May 5, 2008. Then it plunged to 663 on December 5, a decline of 94.4 percent. It was as if trade was coming to a standstill. However, freight rates soon started to recover …
Wednesday, July 01, 2009
Walls to Block U.S. Deflation / Economics / Inflation
By: Jim_Willie_CB
Many are the obstructions to the so-called (mislabeled) deflation threat within the US Economy. To begin with, falling asset prices does not constitute deflation. One of the primary objectives of the banking elite in firm control of the USGovt and US Congress is to confuse the public and investment community on the entire topic of inflation, what it is, how it is measured, and its risks. The same goes for deflation. All debate as to whether the Untied States will suffer from inflation or deflation is a horrible misdirected distraction that manifests the confusion. The US will suffer both higher monetary inflation and worse economic deterioration, not one or the other, but BOTH, and with steadily increasing intensity.
Wednesday, July 01, 2009
Is George Soros Long or Wrong on the Global Economic Rebound? / Economics / Recession 2008 - 2010
By: Money_Morning
Keith Fitz-Gerald writes: Billionaire investor George Soros thinks the worst of the global financial crisis is behind us.
In a June 20 interview with Polish television, the Hungarian-born Soros acknowledged that this has been the most serious crisis he's seen in his lifetime, but said, "Definitely, the worst is behind us."
Wednesday, July 01, 2009
The Case for Economic Depression, Credit Destruction / Economics / Great Depression II
By: Moses_Kim
Periodically in history, the expansion of credit creates the illusion of prosperity that ends in the inevitable bust. When John Law seemingly struck gold by introducing fiat currency in France, he was hailed as a financial genius. Four years and an economic collapse later, he was humiliated, shunned, and exiled.