econbrowser.com - 1/22/2009
—
From Bloomberg :
Jan. 22 -- China's economy expanded at the slowest pace in seven years as the global recession dragged down exports, increasing pressure for more government spending and lower interest rates to buoy growth.
Gross domestic product grew 6.8 percent in the fourth quarter from ...
rgemonitor.com - 1/22/2009
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rgemonitor.com —
The Chinese came out today with their 6.8%
estimate of Q4 2008 growth. China publishes its quarterly...
GDP figure on a year over year basis, differently from the U.S. and most other countries that publish their GDP growth figure on a quarter on quarter ...
(more)
The Chinese Devil Wears Prada: Why 0% Growth is the New ...
rgemonitor.com - 1/22/2009
—
rgemonitor.com —
The Chinese came out today with their 6.8%
estimate of Q4 2008 growth. China publishes its quarterly...
GDP figure on a year over year basis, differently from the U.S. and most other countries that publish their GDP growth figure on a quarter on quarter ...
(more)
The Chinese Devil Wears Prada: Why 0% Growth is the New ...
marketnewslive.blogspot.com - 1/28/2009
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marketnewslive.blogspot.com —
As the layoff announcements rise, confidence in the
U.S. economy falls. There is more evidence of just...
how troubled the U.S. economy is. A new report shows consumer confidence is at record lows, as layoff announcements continue. Bobbi Rebell reports.
(more)
Video - Business Update: Confidence plunges
Comments
Blog Reactions
links for 2009-01-22
Economist's View —
Chinese Growth Plunges - Econbrowser
Banks and turtles - Christopher Carroll - FT
A Dash of Chance - Wild Side
A New Meme: Blame It on Beijing (and Seoul, and Riyadh...) - Econbrowser
Government Spending Is No Free Lunch - Robert Barro
Is Ethanol Worth 100 Million Starving People? - Greed, Green and Grains
The Banking Crisis (Continued) - Robert Reich
What are Illiquid Assets Really Worth? - Andy Harless
china growth falls to zero or worse
Decline and Fall of Western Civilization —
the widely reprted figure for chinese growth -- which were surprisingly poor in their own right, at least for the analyst community -- is a bid misleading, ...
Thursday links: bank mitosis
Abnormal Returns —
... Chapter 11 is now often leading to liquidation. (The Big Money)
Jim Rogers thinks the U.K. could go bankrupt. (The Independent via jdmarkman, also WSJ.com, Mish)
China’s growth rate fell hard, the only question is how much? (Real Time Economics, naked capitalism, Econbrowser, 1440 Wall Street)
The state of the ...
Chinese growth slows rapidly
The visible hand in economics —
... and Econbrowser mention that Chinese economic growth has slid to 6.8%pa in December - down from 9.0%pa in September. According to ...
"Threading a Needle"
Economist's View —
... At the same time, they want to lessen dependence on China, which requires
that Chinese policymakers stimulate domestic demand to a sufficient extent to
allow for China to ease purchases of Treasuries and allow the Yuan to appreciate
in a nondisruptive fashion. Seems like a steep expectation for the
export-dependent Chinese, you are now faced with
faltering growth rates. If the Chinese don’t cooperate, a portion of any US
stimulus is lost to higher imports – always remember that the US doesn’t have
much excess productive capacity in tradable goods. The excess capacity ...
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bigpicture.typepad.com 10/28/2008 —
From the Conference Board "The Conference Board Consumer Confidence Index™, which had improved
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