Tag Archives: GDP

If you want to know what deep yogurt is like, this is it

Japan is up the creek without a paddle. It’s pretty remarkable to hear a BoJ governor saying things that some aggressive hedge-fund guys have been whispering for a while now.

The Great Walkaway, The Big Mulligan, and The Do Nothing

As you see, the Great Walkaway, the Big Mulligan, and the Do Nothing ideas all lead more or less to the same place. As a society, we have sustained a huge decline in asset values as the housing bubble popped. And we’re going to spread out the impact of the decline and suffer it in a socialized way. Several more years of economic weakness are ahead, no matter what happens here.

China: The World’s Most Keynesian State

China is in the midst of what amounts to probably the biggest, fastest Keynesian stimulus ever attempted. Keynes basically believed that all demand is equal, and you could create useful economic activity by paying people even to do useless things. That’s exactly what China is doing.

GDP Grows, Consumer Spending Plummets on the Eve of the Holiday Season

Today’s podcast focuses on the fallout in the wake of yesterday’s GDP number, the reports this morning of the fall in Consumer Spending, and what the holiday shopping season could bring — for good and for ill — to the American economy.

Is the Recession Over? And AIG’s 100 Cent Payoff

Today’s Coffee and Markets podcast focuses on the latest Bloomberg report on the AIG backstory and Tim Geithner’s role in determining the size of the taxpayer bailout while President of the New York Fed, and a discussion on the latest GDP numbers — what they mean and what they don’t.

Mr. President, We Can Do Math Too

Today’s big news is that Barack Obama wants you to understand how important he thinks it is to reduce those deficits, and the overall size of the government in relation to the economy.

- March 18, 2010 -

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