Transformed in a handful of years from a tiny fishing economy to an international banking powerhouse to a poster-child victim of the global crash, Iceland provides the perfect microcosm for observing the end results of cheap, plentiful cash and governme ...
Tag: economic recovery
Feature - May 2nd, 2012
All terms: banking, Current Analysis, Dollar, economic recovery, Euro Crisis, Financial Crisis, global economy
Blog Post - February 14th, 2012
Earlier in February, President Barack Obama came to the podium to announce that “The economy is growing stronger…the recovery is speeding up. We’ve got to do everything in our power to keep it going.” Yesterday we profiled the recent jobless rate in a b ...
All terms: Barack Obama, Commodities, Debt, depression, economic recovery, Government, Government Intervention, shipping, U.S. Treasury
Blog Post - December 29th, 2011
Buckle your seatbelts for an action-packed year. It’s almost like 2011 is leaving us like the cliff-hanger ending of an old comic strip—can Europe be saved? Can the euro survive? Will deflation engulf the world? Stay tuned for the next episode… ...
Feature - December 21st, 2011
For a brief couple of years in the wake of the 2008 financial crisis, U.S. consumers tightened their belts, reversing a 30-year trend of borrowing and spending in steadily increasing proportion to earnings and savings. Now, incentivized by record-low in ...
Feature - December 21st, 2011
2011 hasn’t been a banner economic year for many reasons—and continuing unemployment, unsustainable government debt, Euromess, and overextended personal finances have made 2012 a shaky proposition. Are we headed toward recession again , or we making ...
All terms: Current Analysis, economic recovery, Gasoline Prices, GDP, Income Disparity, Oil Price, recession, U.S. economy
Feature - October 5th, 2011
As we sit three years removed from the failure of every major investment bank in the world, it’s easy to look back at the crisis and think we have taken our licks and learned our lessons. The simplest and most frequently told story is that the U.S. gove ...
Blog Post - July 18th, 2011
For the first time in the four years since the housing crisis began, things might seem like they are looking good again. According to S&P Case-Shiller’s 20-city price index, homes have fallen in price to levels not seen since 2003, and homes are mor ...
Blog Post - August 24th, 2010
In a fractional reserve system, a nation’s currency supply is based on the amount people borrow. In general, more borrowing equals more currency creation. But in a deflation, people stop borrowing, and the currency supply contracts. Sometimes it contrac ...
All terms: base money, Debt, Deflation, economic recovery, fiat currency, Free Market, Government, Government, Real Estate, Wealth Cycles
Blog Post - August 6th, 2010
As the economy adds a lower than expected jobs number , and unemployment remains at 9.5%, the government types are scrambling to figure what to do. Some are wringing their hands while others are brainstorming new “stimulus” ideas. Others are taking d ...