Tag Archives: Federal Reserve System

Lack of wisdom

Posted on July 22, 2011 by Michaela

By Paul Krugman These are interesting times — and I mean that in the worst way. Right now we’re looking at not one but two looming crises, either of which could produce a global disaster. In the United States, right-wing … Continue reading →

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Buying Time

Posted on July 3, 2011 by Michaela

By Stephe S. Roach The global economy is in the midst of its second growth scare in less than two years. Get used to it. In a post-crisis world, these are the footprints of a failed recovery. The reason is … Continue reading →

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Politicians playing poker

Posted on June 23, 2011 by Michaela

SUMMER is at hand in the world’s big financial centres, but the mood is hardly bright. Stock prices have been sliding for weeks in response to gloomy economic news. Factory output has slowed across the globe. Consumers have become more … Continue reading →

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Kill Bill: The sabotage of US finance reform

Posted on June 11, 2011 by Michaela

By Danny Schechter Some years back Thomas Frank nailed it in his book, The Wrecking Crew. It was subtitled “How Conservatives Rule” and showed how narrow self-interest and well practiced cynicism in the service of partisan warfare has crippled our … Continue reading →

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How risky is the global economy ?

Posted on April 22, 2011 by Michaela

By Mohamed A. El-Erian Three years after the global financial crisis, the global economy remains a confusing place – and for good reasons. Should we draw comfort from gradual healing in advanced countries and solid growth in emerging economies? Or should … Continue reading →

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The Truman Show

Posted on April 22, 2011 by Michaela

There is anarticle in the New York Times today, that speaks of the results of a poll conducted with 1224 adults nationwide, about their views on the economy, budget deficit and health care. I love the first couple of questions: … Continue reading →

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