Tag Archives: United States

Its a political problem

Posted on August 13, 2011 by Michaela

Was the decision to downgrade the US economy from a triple A rating the catalyst or is it the Eurozone’s debt crisis and fears of another recession that caused the markets to panic? Are global economies running out of options to rescue their economies and what … Continue reading →

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The tipping point

Posted on August 11, 2011 by Michaela

Carolyn Myss on the 3 events over the past few days that changed America and the way it saw itself. A massive disillusion symbolized in what is happening on the outside and an explanation of the sense of devastation and … Continue reading →

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Dreaming…

Posted on August 10, 2011 by Michaela

By Thomas L Friedman This is a scary economic moment. The response we need is not easy, but it is totally obvious. We need a Grand Bargain between America’s two parties — and we need it right now. Until you … Continue reading →

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Credibility, Chutzpah and Debt

Posted on August 8, 2011 by Michaela

By Paul Krugman To understand the furor over the decision by Standard & Poor’s, the rating agency, to downgrade U.S. government debt, you have to hold in your mind two seemingly (but not actually) contradictory ideas. The first is that … Continue reading →

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The last straw

Posted on August 7, 2011 by Michaela

By Stephen S. Roach, The Chinese have long admired America’s economic dynamism. But they have lost confidence in America’s government and its dysfunctional economic stewardship. That message came through loud and clear in my recent travels to Beijing, Shanghai, Chongqing, and … Continue reading →

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Second Great Contraction

Posted on August 6, 2011 by Michaela

By Kenneth Rogoff  Why is everyone still referring to the recent financial crisis as the “Great Recession”? The term, after all, is predicated on a dangerous misdiagnosis of the problems that confront the United States and other countries, leading to bad … Continue reading →

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Rates of Wrath

Posted on August 4, 2011 by Michaela

By Paul Krugman Not good news in stock markets — but you really have to look at the bond markets to get the full awfulness of the situation. The US 10-year bond rate is now down to 2.5%. So much for … Continue reading →

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The price of division

Posted on August 3, 2011 by Michaela

By Mark Levine A virtue of Anders Breivik’s 1,500 page opus is that, by so thoroughly and heavily citing the leaders of the anti-Islam creed, his arguments are inseparable from theirs. Indeed, the more honest anti-Islam crusaders have declared that … Continue reading →

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Closing the gap ?

Posted on August 2, 2011 by Michaela

By Dani Rodrik Perhaps for the first time in modern history, the future of the global economy lies in the hands of poor countries. The United States and Europe struggle on as wounded giants, casualties of their financial excesses and political … Continue reading →

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It’s just words

Posted on August 1, 2011 by Michaela

By STANLEY B. GREENBERG BARACK OBAMA can’t catch a break from the American public on the economy, even though he prevented a depression and saved global capitalism. Perhaps the president finds solace in knowing he’s not alone. During this period … Continue reading →

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