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After the stimulus
krugman.blogs.nytimes.com - 11/18/2008
After the stimulus
—
For the coming year, and probably well beyond, the economy will be on life support - sustained by massive fiscal stimulus. (Either that, or we'll be in a very deep slump.) But eventually the economy will have to come off life support. What will take the place of the stimulus? I don't really ...
nakedcapitalism.com - 11/15/2008
Credit Crisis Fallout: Investors Leery of Buying Government Debt As Calendar Grows
— nakedcapitalism.com — One of the underlying assumptions of the Fed's and many other central banks' response to the credit... crisis is that it can be halted, and hopefully remedied, by having the government backstop the troubled financial sector. One template is not to ... (more) Credit Crisis Fallout: Investors Leery of Buying ...

Comments vote down Decline and Fall of Western Civilization found this 11/15/2008found this
alephblog.com - 11/20/2008
It’s Called a Depression
— alephblog.com — I’m going out on a limb here, and I’m going to suggest that we have already entered... a depression. The concept of a depression is even less objective than that of a recession, but some suggest that a decline in real GDP of 10% or more is ... (more) It’s Called a Depression

Comments vote down Alea found this 11/20/2008found this
Synchronized Recession, Synchronized Stimulus?
econbrowser.com - 11/26/2008
Synchronized Recession, Synchronized Stimulus?
— econbrowser.com — The OECD has just released its forecasts. This follows the recent updated IMF forecasts. Growth is evaporating... the industrial countries. What is to be done? Figure 1: From visualization of OECD Economic Outlook 84 [link] . Blue is negative ... (more) Synchronized Recession, Synchronized Stimulus?

Comments vote down Economist's View found this 11/26/2008found this

Blog Reactions

EconomPic:  "After the Stimulus": What Will Replace Consumption?

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Blog Reactions

"After the Stimulus": What Will Replace Consumption?
EconomPic — Another mind provoking post by Paul Krugman questioning what will take up the slack in the U.S. economy post-stimulus package. He first points to the components of GDP, specifically the role of consumption in the U.S. economy. ...

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