America's Economic Future – A Discussion By Ted Kavadas
Yesterday, The Wall Street Journal came out with a story titled “A Decade of Debt” that can be found at this link: http://online.wsj.com/article/SB125119686015756517.html It discusses the latest 10-year budget projections that amount to a cumulative addition of $9 Trillion in debt. I would like to briefly comment on this latest budget projection: As seen in the …
With the announcement that Ben Bernanke will be nominated for a second term as Federal Reserve Chairman, I would like to make a few comments. First, a brief review of some of the comments others have made with regard to Ben Bernanke’s tenure. Here is a quote from Paul Krugman, as seen in the following …
I would like to highlight an article from last Thursday titled, “Second Wave of the Credit Crisis: Collapsing Commercial Real Estate.” The article gives a good summary of the Commercial Real Estate (CRE) situation as well as makes other interesting observations. CRE is yet another huge, menacing problem area inherent in our current economic situation. …
One of the classic articles of the housing bubble is “America’s House Party” from Time Magazine, June 2005. It really provides a flavor of the period, as well as provides a perspective of a bubble environment. Here is the link: http://www.time.com/time/magazine/article/0,9171,1069097,00.html SPX at 1032.81 as this post is written
I would like to briefly expand on a couple of points I made in my recently posted “America’s Trojan Horse” article (which can be found listed along the right-hand side of the main page.) First, I wrote, “There also appears to be a growing insensitivity to higher deficits and debts.” This is alarming, as sums of …
During his July 22 Press Conference, President Obama said healthcare is “a problem that Washington has failed to solve for decades.” Unfortunately, the healthcare problem isn’t the only problem that has been “brewing” for a long time. It is imperative that problematical issues are dealt with effectively when they are in their early stages. Otherwise, …
As President Obama said during his July 22 Press Conference, healthcare is “a problem that Washington has failed to solve for decades.” I want to make a few random comments about healthcare. Any substantive discussion on my part would be exceedingly lengthy as this is a complex subject. I do believe that there has to …
With the stock market (as seen in the S&P500) recently near the 1020 level, there is no debating that the rally since the early March lows of 666 has been a very strong one. Also, there have been very strong rallies in other markets as well (Nasdaq, Emerging Markets, Debt Markets, etc.) Below is the 1-Year Daily …
I think the following chart is one that surely deserves attention: (click on chart image to enlarge) Source: St. Louis Federal Reserve It shows the Median Duration of Unemployment. One notices the trajectory of the chart during our current period of economic weakness. Although I have reservations as to how the data on this chart …
I just posted a new article titled “America’s Trojan Horse.” The subtitle is “A Different Look At The National Debt.” It can be found under the “Pages” section along the right-hand side, as well as at this link: https://www.economicgreenfield.com/americas-trojan-horse/ The article goes well with many of the themes presented on this blog, including Sustainable Prosperity, America’s Economic …