Monthly Archives: December 2009

December 31 11:51 AM

Will Economists Ever Learn? – Prior to the recent crash of financial markets, there was a widespread belief that monetary policy was all that was needed to stabilize the economy. However, one important thing we learned recently is that central banks … Continue reading

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Talking about FED FOCUS-The coming Great Inflation, real or imagined | Reuters

  Quote FED FOCUS-The coming Great Inflation, real or imagined | Reuters(Reuters) – A historic economic crisis has left Americans with plenty of things to worry about. But is inflation one of them? And is there a risk that fretting … Continue reading

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Talking about U.S. International Trade Commission rules in favor of U.S. steel industry on subsidized Chinese impo

  Quote U.S. International Trade Commission rules in favor of U.S. steel industry on subsidized Chinese impoThe U.S. International Trade Commission ruled Wednesday that a surge of subsidized Chinese steel has harmed or threatens to harm the U.S. industry, acting … Continue reading

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Talking about Wall Street Waits as SEC Fails to Bring Madoff-Inspired Reforms – Bloomberg.com

  Quote Wall Street Waits as SEC Fails to Bring Madoff-Inspired Reforms – Bloomberg.comBloomberg) — Mary Schapiro, chairman of the U.S. Securities and Exchange Commission, said she wanted to show that her agency was cracking down after missing Bernard Madoff’s … Continue reading

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Talking about Not So Radical Reform – BusinessWeek

  Quote Not So Radical Reform – BusinessWeek How New Democrats and Wall Street are watering down financial regulation in Congress The New Democrats’ fingerprints are all over the final House bill. Lawmakers rejected a mortgage "cram-down" amendment, which would have … Continue reading

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Talking about Powerless Nepal loses lustre as New Year destination

  Quote Powerless Nepal loses lustre as New Year destination(IANS) Slapped with a 51-hour weekly power outage from Wednesday and a warning that next month it could go up to 12 hours a day, Nepal has begun to lose its … Continue reading

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Talking about Credit Card Delinquencies Up November, More Borrowers Struggling: Moody’s

  Quote Credit Card Delinquencies Up November, More Borrowers Struggling: Moody’sMore U.S. credit card users fell further behind on their payments in November, Moody’s Investor’s Services said Tuesday.The charge-off rate on U.S. credit cards, as measured by Moody’s Credit Card … Continue reading

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