America's Economic Future – A Discussion By Ted Kavadas
I find it interesting that the term “Green Shoots” seems to have been eradicated in any official government comments regarding the economy. I am not sure why this is so, as the term itself seems rather innocuous. There must be a reason for its demise, however… SPX at 907.07 as this post is written
For those who didn’t read Ben Bernanke’s Commencement Address to The Boston College School of Law on May 22, I would like to highlight a few passages. I found the passages below informative and telling; I will let them speak for themselves, and might refer back to them in future posts. The entire speech can be …
I get the feeling that many people believe that we will get many opportunities to resolve The Financial Crisis and the associated economic difficulties now present. In other words, should the already enacted interventions, stimulus plans, bailouts, etc. not work, we as a nation won’t be limited in our number of potential efforts and will …
Much has been written in the financial press about the possibility of impending inflation, or even hyperinflation. These possibilities are discussed as being likely due to the “loose” monetary policy that has been enacted to combat The Financial Crisis. If one were to believe that inflation has or will soon “breakout,” one would probably expect gold to perform strongly. At around …
I’m sure everyone has seen the various charts depicting the stock market during The Great Depression to that of our recent period. The comparisons that I have seen show a definite visual resemblance, and perhaps that is what is attracting such attention, as these charts have proven very popular. From my perspective, I think that any resemblance …
I found this on David H. Smith’s “The Grayling” blog. I found it to be very informative and interesting. While it can be easy to dismiss this as one state’s woes, I think this type of analysis applied to all states would be an interesting exercise, as I’m sure the trends indicated have been happening …
I am posting a letter from Guy Haselmann, as I believe it is very well-written and illustrates how actions can promote an Economic Brownfield environment. My comments will follow the letter: __ To the Editor, May 6, 2009 The Obama administration is creating the next future crisis. Their handling of the Chrysler situation is irresponsible, …
I will comment frequently on Ben Bernanke, due to his position, but perhaps more importantly, because of his stated theories, beliefs, and ideologies. It seems to me that the handling of The Financial Crisis certainly has the “fingerprints” of Ben Bernanke all over it. In fact, I believe that perhaps no other person’s ideologies have ever played …
It seems as if more and more economic forecasters believe that the economy will progressively get better by year-end, but that employment will lag considerably. Often the “jobless recovery” theme is either overtly mentioned or at least hinted. Can such a “jobless recovery” exist, given the current level of indebtedness at the personal, municipal, state and …
John Taylor wrote the following article “Exploding Debt Threatens America”: http://www.ft.com/cms/s/0/71520770-4a2c-11de-8e7e-00144feabdc0.html?nclick_check=1 Although I don’t agree with some of his figures and reasoning, the central point is important: This debt level is a serious problem. It also illustrates the difficulty of ridding ourselves of this level of indebtedness. These issues will likely get greater attention now that sovereign debt …