Friday, 30 January 2009

Prudent Bear



Top News

More News

Economic Signs Turn From Grim To Worse

  • Washington Post
  •  
  • 01/30/2009 04:39 AM

Japan Heads for Worst Recession as Output Tumbles

  • Bloomberg
  •  
  • 01/30/2009 04:29 AM

Global Worries Over U.S. Stimulus Spending

  • NY Times
  •  
  • 01/29/2009 03:47 PM

Quotable

"The length and severity of depressions depend partly on the magnitude of the 'real' maladjustments, which developed during the preceding boom and partly on the aggravating monetary and credit conditions."

Gotfried Haberler, Prosperity and Depression, 1937



 Commentary

Credit Bubble Bulletin

by Doug Noland | Jan 23

U.K. Takes a Turn for the Worst

The U.K. crisis took a troubling turn for the worst this week.  What do developments across the pond portend for the U.S.?

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The Bear's Lair

by Martin Hutchinson | Jan 26

The financial services rust belt

Those who have visited Michigan recently or the Mahoning Valley of Ohio in the 1980s can recognize the symptoms of a rust belt.

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Featured Commentary

by Satyajit Das | Jan 23

Brave New (Financial) World

As the “financial’’ crisis moved into the “real” economy at the end of 2008, the incomprehensible discourse about arcane minutiae of securitized debt and derivatives (toxic three letter acronyms such as ABS, CDO, MBS, SIV; CDS etc,) that no sane person really understood, could be abandoned for the more familiar language of “recessions” and “depressions.” Familiarity, no matter how terrible, is comforting.

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Guest Commentary

by Simon Smelt | Jan 26

Eight Structural Factors Undermining Any Turn-Around

Beyond rescue efforts and hopes of restoring confidence, deep structural forces remain unresolved. Current actions could make matters worse.

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