Archive for category Economics

At this point, I am starting to wonder what was the bigger mistake – to allow Greece into the Euro in the first place, or to force them to stay?

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Credit Suisse traders ‘manipulated IT systems’ to hide losses

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The economy has been growing now for 10 straight quarters. The US now churns out more goods and services than it did before the downturn began in 2007. But that output is being produced with six million fewer workers, despite population growth.

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January U.S. jobs rise 243,000; jobless rate 8.3%

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Bernanke Won’t Tolerate Inflation to Boost Jobs – Bloomberg

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10 year growth rates at the lowest levels since the Great Depression for the US and other industrialized countries.

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US Federal Corp Tax Rates Drop To 12.1%, Lowest In Decades

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Visual proof that investors are bad at timing the market

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Sovereign Ratings — Why don’t sovereign credit ratings account for inflation as a risk akin to default? Britain is proud to say it hasn’t defaulted in past three centuries. But it has hurt creditors just as effectively, by inflating its debt away

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Edward Wyatt makes a very good point today — why is the SEC doing big favors for big banks, every time it slaps a fine on them? The fines banks pay to the SEC are like protection money

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Factory orders up, business spending rises

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An old Chinese myth: exports as the driver of growth. An old but still valid article. I would like others’ take

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Headline & Core Inflation: Then and now

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Orders to U.S. Factories Rise

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Biderman’s Daily Edge 2/3/2012: Is BLS Data Skewed?

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Of chocolate oranges and efficient markets

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Ben Bernanke is wrong about Debt and interest rates

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Without NASA, the Economic Future of the ‘Space Coast’ is in Doubt

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China may invest more in EU debt fund

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Most expensive city in the world [xpost]

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