When Ends the Recession?

Answer: the recession ends when its work is done. This implicates that the mistakes made in the past must have been corrected before the recovery process is finished. The bubble economy must have been destroyed and...

Recovery Impossible

The G20 in Pittsburgh will extensively talk about the durable economic recovery that is on its way, however much more work needs to be carried out specifically on European banks if the EU is to avoid years of...

Big Ben is no Hero

The media do believe us the newest hero is Ben Bernanke. Probably their mind and many others come from another planet. And were not on Earth when Big Ben acted in the past. He became popular as the Helicopter Ben*...

The Opening Stage of an Economic Depression

A complete pay-off of debt –deleveraging in economical terms- will take about twenty years to achieve, is explained in previous essays. It was not a very scientific estimate. US$2 trillion over the last 24...

No Green Shoots

The feds’ stimulus program would hold unemployment below 8% in 2009. This year, yet not half passed, the rate is already 9.5%.Then, was said the numbers were getting better each month, inevitably leading to a...

China and America Exchange National Debts to Revive Markets.

The International Institute of NonViolence News&Opinion By: Rev. Jermano China: A Majestic Dragon, or Hornets Nest? Many wonder whether China will use its Foreign Reserves to rescue the world...