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Could Hyperinflation Happen?
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... Nouriel Roubini gets bullish
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... Buffett's gloomy economic predictions
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... 'Helicopter Ben' Reborn as 'Banana Ben' Bernanke
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... Fed Chief Bernanke Sees End to Recession
"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
119 views | 0 recommendations | 2 comments
Americans may be sleep walking into an economic Depression
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... Employers cut 533K jobs in Nov., most in 34 years
"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,... Paulson and Bernanke Spread the Wealth Around
"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... This Is Not A Normal Recession: Moving on to Plan B
""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... Bernanke wants new stimulus package to ease credit crunch
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... Indian stock market Sensex plunges 600 points
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...Economic Scene
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... Main Street turns against Wall Street & Politicians BailOut
"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... Bailout deal a no go; Bernanke back to Capitol
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... Paulson, Bernanke Tell Lawmakers Urgent Action Needed on Treasury Plan
"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...
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