The Radford Free Press – Page 438 – All life is problem solving.

Goldman Sachs Largesse

November 18, 2009

Ah the holiday spirit. Overcome, no doubt, by images of Scrooge dancing in their heads, the leaders of Goldman Sachs have come forward and boldly admitted they helped in the great banking screw up. Yes, you heard it: the banks trashed the economy and Goldman was right there at the center of the foul up. […]

Economics / deficits, Obama /

Obama Gets It Wrong

November 18, 2009

There’s not much to say. In an interview with Fox today Obama warns us all about the threat of a double dip recession. So far so good. I agree. The cause? Too much debt and the subsequent possible loss of confidence in the bond markets that could trigger the need for higher US interest rates. […]

Uncategorized / consumption, GDP, inflation, jobs, real estate, recession, recovery, stimulus, unemployment /

Are We Already Slowing Down Again?

November 18, 2009

The data from the last couple of days has me wondering whether the growth in the third quarter – which increasingly looks likely to be reduced from the first estimate in next week’s revision – is something of a tease. Indeed the questions about next year are gathering more ominously and require both thought and […]

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