Posts tagged recession

Markets start to slip as major currencies start to decline

Apr 27th

Posted by Steve in Finance

Markets are already starting to decline. I take a further look at this and dig deeper into what the stimulus packages really mean.

British, currencies, debt, decline, deficit, depression, dollar, Dow Jones, econimic downturn, economy, euro, Federal Reserve, Finance, FTSE, greenback, inflation, Investors, krona, markets, methodology, Moodys, Moodys Investors Service, oil crisis, Pound, recession, Standard and Poores, Stock Market, toxic, toxic debt, trillion, yuan

Aussie brings in less tax revenue, decline restarting

Apr 26th

Posted by Steve in Finance

Aussie announces that the government has received less tax revenue that it expected. As a result, its had to cancel stimulus programs.

Newsweek interviews Nouriel Roubini who confirms what I’ve said since March.

Australia, bear, Bear-market, Bloomberg, contraction, Credit Crunch, Crisis, deficeit, depression, economic, economy, Jonathon Jarvis, Kevin Rudd, market, Newsweek, Nouriel Roubini, rally, recession, revenue, stimulus, tax, tea party, Teabagging

Convinced we’re repeating 90 year old mistakes

Mar 3rd

Posted by Steve in money

In October I wrote an OpEd article that described many of the parallels I saw at the time between what was happening in October and what happened in the 1920s just prior to the Great Depression. Today, with the Dow Jones hitting the staggering low of 6,763.29, a value not seen since 1997, I decided…

1919, 1929, Central Bank, depression, Dow Jones, economy, Germany, Great Depression, GSC Research, Immobilien, IVG, land values, Matthias Schrade, Milton Friedman, obama, Patrizia, protectionism, recession, Rothbard, stimulus, Stock Market, vivacon