US Economy

Ford Trumped

Asia-Pacific governments need to keep a close eye on what the bosses of America’s largest companies are saying and doing about President Donald Trump’s protectionist drive. Companies that for years have said...
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Mind Over Money

In more layman terms, the PBS science television program NOVA, in trying to find answers to two important and related questions – one, why did main stream economists fail to predict the 2008 stock mar...
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U.S. Fed in the Hot Seat

Xie’s article entitled "Tight Spot for Fed, Blind Spot for Investors" explains succinctly how the U.S. Federal Reserve is caught between a rock and a hard place, after committing to a US$12 ...
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Bad Idea To Park Your Money In Stocks

What can Americans expect in the next decade? A savings boom, anemic annual GDP growth, a deflationary cycle, a sickly stock market and a return to boring banking. And this is bad news for countries like Ja...
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Formula That Blew Up Wall Street

The article explains in the best layman terms possible the intricate mathematical models used by Wall Street to price the mortgage-backed securities and derivatives. I don’t pretend that I understand ...
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The Great Reckoning

The article is an exceptionally long one, but it’s worth the read.  In the article, Lewis tells the story of how Steve Eisman of Frontpoint Partners, along with his co-workers Vincent Daniel and...
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Americans Were Right To Say No!

For the 200 US economists who wrote to Congress opposing the plan and the majority of House members, rejection, if seemingly unconstructive, is the far more conscientious choice, because the alternative (ac...
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Bailout for Bankers, Sellout for Taxpayers

In an IHT article, Paul Krugman, Op-Ed writer for The New York Times and professor of Economics and International Affairs at Princeton University, dissects in a succinct way the unprecedented financial cris...
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Will the U.S. Follow Lehman’s Footsteps?

Roberts came to this conclusion in his article:-   “Most Americans, including the presidential candidates and the media, are unaware that the US government today, now at this minute, is u...
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Storm Looming

Recommended reading: U.S. Banks Brace for Storm Surge as Dollar and Credit System Reel By Mike Whitney (Counterpunch) An excerpt:- "A more powerful tsunami is about to descend on the United Sta...