Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good...
When the man they call, 'Dr. Doom' gets bullish its not like watching Mad Money. But nevertheless, Nouriel Roubini now sees light at the end of the tunnel. Roubini believes we will see the recession end...
created by mtippett | 22 wks ago | updated 21 wks ago 240 views | 26 recommendations | 0 comments
The Oracle of Omaha says the worst is yet to come. " Warren Buffett doesn't see the "green shoots" Ben Bernanke and other bullish investors have spoken of in recent months. In fact, the billionaire investor...
Ben Bernanke earned the nickname "Helicopter Ben" for comments he made in a November 2002 speech, Deflation: Making Sure "It" Doesn't Happen Here, delivered at the National Economists Club in Washington, D.C. More...
"Federal Reserve Chairman Ben Bernanke says he thinks the recession will probably be over by the end of this year but he still sees a risk there is not enough political will to stabilize the banking and financial...
created by Blaine Metzgar | 36 wks ago | updated 36 wks ago 119 views | 0 recommendations | 2 comments
Food stamps are the symbol of poverty in the U.S. In the era of the credit crunch, a record 28 million Americans are now relying on them to survive - a sure sign the world's richest country faces economic crisis.
We knew things were bad on Wall Street, but on Main Street...
opinion by agora | 48 wks ago 255 views | 11 recommendations | 2 comments
"Employers cut 533K jobs in Nov., most in 34 years Dec 5, 2008 Economy Dec 5, 3:22 PM (ET) By JEANNINE AVERSA WASHINGTON (AP) - Skittish employers slashed 533,000 jobs in November, the most in 34 years,...
created by gdg | 51 wks ago | updated 51 wks ago 100 views | 0 recommendations | 0 comments
"During the campaign, Barack Obama provoked a media flurry and right-wing outrage over his comment to Joe the Plumber about "spreading the wealth around." They told us that this view was contrary to the American Way, that this was socialism. Given all the concern over...
opinion by talentedchimp | 51 wks ago | updated 51 wks ago 60 views | 0 recommendations | 0 comments
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...
Federal Reserve Chariman Ben Bernanke is asking that more taxpayer money be used in a new stimulus package designed to bolster stalled credit markets. Bernanke made the announcement today stating that the...
created by Tina Kells | 1 year ago | updated 1 year ago 398 views | 2 recommendations | 0 comments
Indian Stocks had a bleak opening on Thursday with deepening worries over a prolonged global economic recession. The absence of confidence spurred a huge sell off across global markets. " Stocks opened almost 600 points down on Thursday with deepening worries over a prolonged...
created by Sanjay Jha | 1 year ago | updated 1 year ago 83 views | 0 recommendations | 0 comments
I think that its sensible to wait a few days more to see what will happen to stocks and share prices. The recovery after the media hype looks very impressing today. Its my thought that the market will recover without the bailout. Of course the corrupt...
"NEW YORK (Fortune) -- In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of...
Just in. The deal is off!"WASHINGTON - Urgent efforts to lash together a $700 billion rescue plan for the national economy broke apart Thursday night, hours after key lawmakers had declared they had reached a...
created by mtippett | 1 year ago | updated 1 year ago 121 views | 2 recommendations | 1 comment
"Mr. Paulson cautioned lawmakers against letting the plan get bogged down in a debate over unnecessary additions. Senate Banking Committee leaders voiced skepticism Tuesday about the U.S. Treasury's plan to buy up...
created by Leonard Brody | 1 year ago | updated 1 year ago 138 views | 2 recommendations | 1 comment