fistfulofeuros.net - 2/14/2009
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Hungary’s gross domestic product fell by 2.1% year on year in the fourth quarter of 2008 following a 0.7% increase in Q3, according to the first estimate by the Central Statistics Office (KSH). Quarter on quarter GDP fell by 1.0% GDP, even more sharply than the 0.5% (revised) contraction ...
econbrowser.com - 2/8/2009
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econbrowser.com —
Or, how come you used to say that
if consumers don't save more, it will wreck the...
economy, and now you say, if consumers do save more, it will wreck the economy? For the record, I am certainly among those who had been suggesting that America's low ...
(more)
The paradox of thrift
online.wsj.com - 2/10/2009
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online.wsj.com —
GARY S. BECKER and KEVIN M. MURPHY How
much will the stimulus package moving in Congress really...
stimulate the economy? The evaluations to date have been incomplete, so we looked at the likely stimulative effect from the spending parts of the House and ...
(more)
Opinion: There's No Stimulus Free Lunch
fistfulofeuros.net - 2/18/2009
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fistfulofeuros.net —
The European Commission today released its assessment of
the Stability and Growth (optimistic words these days) Programmes...
of 17 EU member states. The news was in 6 of them, where in addition to issuing “invitations” to the governments to make adjustments, it initiated excessive ...
(more)
A year is a long time in economic forecasting
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The European Countdown to Poverty
Atlantic Review —
Edward Hugh, the Economist at A Fistful of Euros, is apparently trying to get his readers depressed by posting all these posts yesterday:
• Spain Finally, Finally Makes That Recession To Beat All Recessions "Official"
• Hungary's Second Recession In Two Years Worsens
• Italy's Recession Deepens
• Estonia's Economy Contracts At Record Pace At The End Of 2008 ...
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The financial return on energy invested
europe.theoildrum.com 6/23/2009 —
Global GDP data from the USDA. Primary energy data and energy prices from the BP statistical reveiw of world energy 2009.
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Preliminary Analysis of the President’s Budget
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The oil shock and recession of 2008: Part 2
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China’s Magic Numbers
thebigmoney.com 7/19/2009 — BEIJING-China, on Thursday, announced its second-quarter gross domestic product-a big deal here. It's not just the Chinese government's top priority but a nearly sacrosanct number. Growth came in at an astounding 7.9 percent. But could China's GDP ...
Den Of Liars
market-ticker.denninger.net 12/24/2008 —
That would be our government. It of course includes Congress, and until proven otherwise, all who came from Congress , including our President-Elect. Yeah, I know, we only have one President at a time. That's fine. But here's reality: ...
What will recovery look like?
econbrowser.com 3/15/2009 — When good news comes, what should we expect to see?
The graph below plots the quarterly percentage change (at an annual rate) for real GDP and some of its key components since 1947. Calculated Risk has noted that the typical recession pattern is ...
Sport: Is it recession-proof? —
The Economist: Full print edition 2/12/2009
Nothing can entirely escape the economic downturn. But leading sports come close GLOOMY days, these, for English cricket. On February 7th the England Test (international) side was skittled out for 51 runs, its third-lowest total in 132 years and 880 ...
Forget the Dow—Check the Vows —
The Big Money 2/12/2009
As with many infatuations, my New York Times Sunday Styles "Weddings and Celebrations" section obsession was for many years both unrequited and mysterious. The announcements of these couplings, replete with biodata and sprinkled with charming ...
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