Posts tagged as:

depression

Now that the debt ceiling has been raised and the media have already turned to the question of how Obama will be celebrating his 50th birthday, it behooves us to consider the new market slump that has sunk in following registration of the reality of America’s debt situation.  Immediate crisis would seem to have been [...]

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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 [...]

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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 [...]

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