-
I wish she would have made a primary run against Obama…
-
German Army study foresees: 1. increasing oil prices that will reduce consumption and economic output (i.e. a recession or worse); 2. increasing transportation costs that will lead to lower trade volumes – less income for many and unaffordable food for some (cost-push inflation); and 3. pressure on government budgets
-
In other words, banks take risks, get paid for the upside, and then transfer the downside to shareholders, taxpayers, and even retirees.
-
Fiscal intervention targeted at employment is the only tool left in the box. I agree, it is the only tool left and we must use it.
links for 2011-09-22
Filed under Uncategorized