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The U.S. Didn’t Cause the World Recession
In the Washington Post , Ricardo Caballero of MIT has a novel and promising idea about “How to Lift a Falling Economy.” Unfortunately, he echoes the mantra that all the world’s economic problems can be traced to the U.S. in general, and to big U.S. banks in particular. “Already,” ...
A year is a long time in economic forecasting
A year is a long time in economic forecasting
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
Recap: The Stimulus Bill and the Macro Impact
Recap: The Stimulus Bill and the Macro Impact
econbrowser.com — CBO has now released an analysis of spend rates of the final stimulus bill to be signed... by the President on Tuesday. While the proportions of expenditures and tax cuts are changed, the time profile is little changed from the original House bill -- ... (more) Recap: The Stimulus Bill and the Macro Impact
Let The East Into The Eurozone  Now!
Let The East Into The Eurozone Now!
czecheconomy.blogspot.com — “It’s 20 years after Europe was united in 1989 – what a tragedy if you allow Europe... to split again.” Robert Zoellick, World Bank president, in an interview with the Financial Times (Click On Image To View Video) World Bank president, Robert Zoellick, made a call this week - in an interview ... (more) Let The East Into The Eurozone Now!
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When the Story Does Not Fit the Facts
Coyote Blog — Cooler heads are looking at the world economic data, and starting to come to the conclusion, voiced by yours truly a number of times, that the US financial crisis was/is a symptom of a world economic slowdown, not the other way around Compare the decline in real GDP over the past 4 quarters (from The Economist): ...

Related: causes of world recession
Sale of Yves Saint Laurent's art collection sets a world record.BloggingStocks
In the world of art there is no recession. The auction of Yves Saint Laurent's art collection at Christie's auction house in Paris set a world record , raising over 206 million euros on its opening day . World renowned fashion designer Yves Saint Laurent passed away last year. He and his long ...
Sale of Yves Saint Laurent's art collection sets a world record.BloggingStocks
In the world of art there is no recession. The auction of Yves Saint Laurent's art collection at Christie's auction house in Paris set a world record , raising over 206 million euros on its opening day . World renowned fashion designer Yves Saint Laurent passed away last year. He and his long ...