The Radford Free Press – Page 358 – All life is problem solving.

Economics / bailouts, bank reform, banking, deficits, exports, imports, Obama, stimulus, TARP /

Snippets: Columbus Day Style

October 11, 2010

Well the grumpy mood continues after the recent IMF meetings, and the economy lingers in the penumbra not quite sure whether to surge into sunlight or scuttle back into the dark. These are strange times. So, in no particular order some snippets from today’s news: The Nobel Prize for economics was awarded over the weekend […]

Economics / jobs, recession, recovery, stimulus, unemployment /

What Jobs?

October 8, 2010

The jobless recovery chugs along. That’s the conclusion we draw from today’s very poor jobs report from the government. Total non-farm payrolls dropped by 95,000 in September, which was much worse than the consensus and August’s loss of 57,000. This is simply not good enough. The fact that private sector employment edged up by 64,000 […]

Economics / bank capital, bank reform, banking, Bernanke, china, consumption, exports, GDP, Germany, Goldman Sachs, imports, interest rates, Japan, jobs, Minsky, Spain, trade, trade balance, unemployment /

Jobs; Trade; Banks … Ho Hum And Bun Fights

October 7, 2010

This is getting dull. Really dull. The economy refuses to shift gears. Wall Street twitters on about nothing in particular. Central Bankers are even more confused and surly than usual. Businesses are sitting on piles of cash and complaining that no one cares about them. Banks are in a snit over being asked to play […]