The Radford Free Press – Page 441 – All life is problem solving.

Economics / auto industry, consumption, GDP, inventories, Investment, jobs, recovery, stimulus, trade deficit, unemployment /

Growth At Last

October 29, 2009

Not that anyone is truly surprised, given the discussions of the past few weeks, but today’s news that the economy grew by 3.5%, at annual rates, during the third quarter is welcome nonetheless. It breaks a string of four consecutive quarters of decline – five of the last six quarters saw a decline – and […]

Economics / bank capital, bank liquidity, bank regulation, banking, bankruptcy, bonuses, creditors /

Too Big To Fail

October 28, 2009

Of all the issues facing the economy one stands out as having potential to throw the economy back into crisis. Yes, the lack of consumption may make us fall into a second recession, but that is not a crisis – we know how to deal with it. No, the lack of long term safety and […]

Economics / durable goods orders, GDP, inventories, recovery /

Durable Goods: Rise Confirms Recovery

October 28, 2009

This morning’s news that durable goods orders rose for the fourth month out of the last six adds substantial weight to the expectation that we are well into a recovery. Durable goods are those large expensive things that businesses, particularly factories, use as they ramp up production and other activity. That sales of durable goods […]

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