Posts tagged as:

recession

Highest ever one-month inflation rise in the UK for December, fiscal imbalances in Greece, weakened macro-economics in Germany, a Canadian housing market bubble, higher than 50% gains in the commodity currencies since last March (2009), and the return of hubris and risk-taking in the U.S. investment banks… what do these all have in common?
Is it [...]

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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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Those people betting on seeing the Obama Effect in infrastructure should tell me what they think of Boeing’s latest job cut announcement (read it here).  Or is this a sign that the infrastructure pre-bubble has popped?  Either way, it’s pretty sad and scary.  Canada also just announced that the recession is going to be deeper [...]

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Yes, that’s right.  Quite amazing.  It was led by Caterpillar, but also retailers like Home Depot.  Kevin O’Leary estimates that this means we might be heading towards 10% unemployment in the U.S.  Yikes!
According to O’Leary today on BNN, pretty much the only remaining hope in the investment world right now (in terms of earnings) is [...]

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In an interview on Wednesday with a Bloomberg correspondent, Roubini let out another dire prophecy, although it’s not very specific and not different than what he’s been saying before.  Here are some excerpts from that interview.  You can also watch the whole video from the link below.
Basically the message is that the picture is still [...]

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With me, it’s not that I’ve lost a job, or have huge health care bills or even have to take care of children.  I’m trying to live on a scholarship that gets hacked down to only 80% of its size just because it crosses the border.  Imagine having to pay a 20% tax on your [...]

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