Showing posts with label GDP 2010. Show all posts
Showing posts with label GDP 2010. Show all posts
Monday, November 1, 2010

Enshrining Bailouts Into Law: Both Parties Terrified of Upsetting High Finance Status Quo

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A reminder from Nicole Gelinas from July why the Dodd-Frank legislation was a failure: For 25 years, Washington has done everything in its p...
Friday, October 29, 2010

GDP Q3 2010 at 2%

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The Bureau of Economic Analysis has the numbers here . They're sticking with 1.7% for Q2, for now.
Thursday, October 28, 2010

Yves Smith of Naked Capitalism: Obama's Lies On Jon Stewart Epitomize His Failure

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"I’m so offended by the latest Obama canard, that the financial crisis of 2007-2008 cost less than 1% of GDP, that I barely know wh...
Tuesday, October 19, 2010

Obama Increases National Debt 29% in 22 Months

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Eyeball news has the story here . National debt on Obama Immaculation Day: $10.626 trillion. National debt yesterday: $13.665 trillion. That...
Friday, October 1, 2010

Q2 GDP 2010 Revised Up To 1.7% From 1.6%

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The story was reported here . A second and final revision will follow.
Tuesday, September 21, 2010

Decades of Economic Shrinkage Ahead

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"Just as the housing sector and the related debt was the driver of the US economy over the past several decades, I believe that the def...
Monday, August 30, 2010

GDP for Q2 2010 In Context

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"Historically, four quarters following a bottom in GDP, growth is running over a 6% annual rate. Rejoicing over 1.6% because it wasn’t ...
Saturday, August 28, 2010

"Bond Markets Tell Us We Are Already In Depression"

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Ambrose Evans-Pritchard had a memorable line in a posting July 27th which is apropos after Friday's stock market rally despite so much ...
Friday, August 27, 2010

GDP for Q2 2010 at 1.6%

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The advance estimate of GDP for Q2 2010 was revised down today to 1.6% from 2.4%, on surging imports and slower growth in corporate profits....
Friday, July 30, 2010

THEY MUST HAVE RUN THE TAPE LIKE HELL TODAY TO BEAT THE BAD GDP NEWS

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Because for all intents and purposes, the markets closed unchanged. The first estimate of Q2 2010 GDP was released today: 2.4%. Pretty weak....
Friday, June 25, 2010

GDP REVISED DOWN FOR Q1 2010 TO 2.7% FROM 3.0%

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According to The Associated Press : Gross domestic product rose by an annual rate of 2.7 percent in the January-to-March period, the Commerc...
Thursday, May 27, 2010

GDP FOR Q1 2010 REVISED DOWN TO 3.0% FROM 3.2%

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For the story, go here . An additional and final revision is still forthcoming. Growth of 2.5% is necessary, according to widely reported st...
Friday, April 30, 2010

Q1 2010 GDP Drops to 3.2% from Q4 2009's 5.7%

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The following discussion of the initial report of first quarter GDP appeared here at HotAir.com: Obama: Drop in GDP growth rate means we’re...
Thursday, March 25, 2010

ObamaCare Will Increase Deficits By Over $500 Billion in First Decade

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Sorry. Just correcting the lies. The article was posted here : March 25, 2010 Bond Markets Reflect the True Cost of Obamacare By Michael Bar...
Monday, March 1, 2010

Epic Warning Signals Echo 1931

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The "Keynesian" prescription aside, the depth of appreciation for the problem posed by mounting debt stands in stark contrast to m...
Friday, February 12, 2010

Of "Large Loans Between Vulnerable States" in Europe

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A credit expert from Frankfurt is quoted painting a very grave picture of Euroland: "Economically, we are in a very risky situation. Gr...
Friday, January 29, 2010

The Corpse is Sitting Up

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After applying the paddles of $trillions of bailouts, stimulus spending, and backstops, the preliminary report of Q4 GDP comes in at 5.7%, b...
Thursday, January 14, 2010

How Did The Greatest Generation Pare Down Debt? It Didn't

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John Waggoner at USA TODAY reminds us that war is the father of everything : The last time the nation's debt was this big compared with ...