nytimes.com - 3/1/2009
—
WHEN our economic woes began, analysts took some solace that the longest American recession since World War II lasted 16 months, and that on average our recessions lasted less than a year. But as this contraction continues into its 15th month, we have been forced to look to more severe ...
Op-Ed Contributor - If You Have to Ask...
nytimes.com 3/2/2009 — “WHEN you stop asking,” was the exasperated reply of the broker to the pestering client who asked the same question over and over during the 1974 stock-market crash: When will it end? Nobody knew, or could know. The broker, wiser than he realized, ...
Op-Ed Contributor - Buy American. I Am.
nytimes.com 10/17/2008 — Omaha THE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity ...
Op-Ed Contributor - It Can’t Last Forever
nytimes.com 3/1/2009 — HERE’S the hard truth: Nobody knows when this recession will end. Economic forecasting is a dark art, and predicting when recessions begin and end is its weakest link. That said, my best guess is that growth will return in the fourth quarter of this ...
Op-Ed Contributor - Our Great Recession
nytimes.com 3/2/2009 — THIS recession, which began in December 2007, has already lasted longer than the average postwar recession. If it turns out to be as bad as the most protracted of the postwar downturns, we will touch bottom next month. But my strong suspicion is that ...
Op-Ed Contributor - A Long Goodbye
nytimes.com 3/1/2009 — THE short answer is not soon. The recession is global: exports, production and consumption are in high-speed descent. The headwinds are powerful because of excessive leverage, damaged balance sheets and the resulting tight credit. Major financial ...
Op-Ed Contributor - The Climate for Change
nytimes.com 11/10/2008 — (Page 2 of 2) Here’s what we can do now: we can make an immediate and large strategic investment to put people to work replacing 19th-century energy technologies that depend on dangerous and expensive carbon-based fuels with 21st-century ...
Op-Ed Contributor - The Lost Tycoons - Op-Ed
nytimes.com 9/27/2008 — With breathtaking speed, the world of large Wall Street investment banks has vanished. Fabled firms, some more than a century old, have been merged out of existence (Bear Stearns, Merrill Lynch), gone bankrupt (Lehman Brothers), or sought asylum as ...
Op-Ed Contributor - An Ordinary Crisis
nytimes.com 3/1/2009 — TODAY’S financial crisis is the biggest in recent history, when measured by its speed, the scale of its capital losses or its global reach. Yet viewed from another perspective the crisis is surprisingly ordinary, following the same path as dozens of ...
Op-Ed Contributor - This Economy Does Not Compute - Op-Ed
nytimes.com 10/3/2008 — Notre-Dame-de-Courson, France A FEW weeks ago, it seemed the financial crisis wouldn’t spin completely out of control. The government knew what it was doing at least the economic experts were saying so and the Treasury had taken a stand against ...
Op-Ed Contributor - Warren Buffett - Buy American. I Am.
nytimes.com 10/17/2008 — Omaha THE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity ...
Down, Dow, Down! —
The Big Money 3/2/2009
I am a heretic, an economic masochist, a traitor to my industry and my country. When the Dow Jones Industrial Average starts falling, I hope it keeps falling. I am a man who roots for the stock market to go down.
Forgive me, capitalism, for I have ...
Follow WallStreetBlips on Twitter
