From the category archives:

depression

The fact of the matter is that at the end of the day not even the economists fully foresee or even understand (let alone agree on what they do understand) the full implications and progression of the state of the current world financial system.
Another fact is obvious: the global financial system is so interconnected and [...]

-

{ Comments on this entry are closed }

On April 27, 2010, Standard & Poor’s downgraded Greece’s credit rating to junk status – meaning that it is unlikely Greece can pay back its creditors, which means that it is not worth it for the hypothetical investor to invest in Greece.
The same day, the USD spiked and the Euro and other currencies fell a [...]

-

{ Comments on this entry are closed }

With the US dollar increasingly perceived to be walking on shakier ground, and no significant signs in sight that the US will be able to pay off its debts without radical quantitative easing (i.e., effective devaluation of the dollar); continued unemployment levels near 10% and no short-term fix in the ongoing housing slump (more foreclosures [...]

-

{ Comments on this entry are closed }

The rally has been over for a good two months, and the markets have been stuck in a trading range since the New Year.  Recent concerns over the potential of sovereign debt crises, however, show that we’re not out of the woods yet.
Just consider some of the following areas for potential setbacks in the markets: [...]

-

{ Comments on this entry are closed }

With all the new recent serious talk again of a Great Depression (or just a “Depression”) now that confidence seems to have totally dissipated in regard to the economic stimulus projects (not that they won’t work – but just that they might not work soon enough, and the ensuing debt they create will have its [...]

-

{ Comments on this entry are closed }

A professor at the Robert H. Smith School of Business at the University of Maryland says that the US is headed into a Depression — yes, the big D word — unless the correct steps are taken to fix certain structural things about the economy: namely, a broken banking and credit system.
You can watch the [...]

-

{ Comments on this entry are closed }