U.S. has “turned Japanese” with a near lost decade of job creation. We should expect results that are similarly poor as in Japan in coming decades: we use the same policy prescription for the same ailment, why wouldn’t we have the same result?
Post Tagged with: "economic crisis"
April 30, 2013 06:19
102 MILLION Jobless in U.S. – Only 12 Million Counted as Unemployed
Current participation at its lowest level in almost 35 years.
September 28, 2012 08:41
Report Card on Obama and His Recovery
How much more of this incompetence will the American people take? Hopefully not much.
July 6, 2012 16:42
The Biggest Financial Scandal In History?
According to the Daily Mail, in addition to Barclays it is being alleged that at least 20 banks (including some major U.S. banks) were involved in this interest rate fixing scandal….
April 13, 2012 13:42
27 Statistics About The European Economic Crisis That Are Almost Too Crazy To Believe
Americans should pay close attention to what is going on in Europe, because this is what it looks like when a debt party ends. Most of the nations in the eurozone have just started implementing austerity, and yet unemployment in the eurozone is already the highest it has been since the euro was introduced.
March 20, 2012 06:39
The Fed Is Pimping For Incumbents
Most government bureaucrats, union leaders and corporate cronies know they are one election away from owning the country. They know the value of winning. The more important question is whether the honest, productive citizens of the country know the cost of losing. Do they understand that most of what they own is at risk?
March 6, 2012 06:17
15 Potentially Massive Threats To The U.S. Economy Over The Next 12 Months
There are dozens of potentially massive threats that could easily push the U.S. economy over the edge during the next 12 months. A war in the Middle East, a financial collapse in Europe, a major derivatives crisis or a horrific natural disaster could all change our economic situation very rapidly.
March 5, 2012 05:54
Tim Geithner’s Amnesia
Sadly it is Geithner who forgets (or willfully ignores) the causes of the crisis. Just a few highlights:
January 13, 2012 07:38
How Fannie, Freddie and Politicians Caused the Crisis
Government housing policies and the toxic mortgages they spawned were the sine qua non of the financial crisis.
December 7, 2011 09:23
Jim Rogers: QE3’s Already Started! I’m Shorting Stocks, Long Commodities and Currencies
Markets may rally on certain short-term fixes or good news, but until some resolution comes to the mountainous sovereign debt, no rally will last. QE3 is already underway if you look at the huge jump up of M2 money supply since August. By EconMatters Jim Rogers, chairman of Rogers Holdings, talks about his investment strategy. from Singapore with Susan Li on Bloomberg Television’s “First Up” on Monday 29 Nov. Rogers also comments on Europe’s sovereign debt crisis, Federal Reserve monetary […]
