Tags: Brazil + China + Financial Stability Forum + IMF + International Bank of Settlements + Russia + Treasury
Policy initiatives focused solely on bailing out banks and neglecting final demand have followed their inevitable course resulting in the contraction of consumer spending, massive job losses, and credit impairment rendering piecemeal, trickle-down policies now ineffective if not absurd–a domino effect of less and less demand fueling greater and greater contraction. The pain is becoming so widespread that non-bank […]
November 20, 2008 - Economy, Markets, Politics - 0 Comments
Tags: Bailout + Cabinet Members + China + Japan + Russia + TARP + Treasury
There is widespread agreement among US economists that America needs another massive fiscal stimulus plan. No final conclusions have been reached on whether it will be multi-staged or one giant prolonged spending infusion until growth takes hold again. Democrats, pre-election, had already decided that a significant infrastructure campaign would yield the most benefit because it would both create jobs […]
November 11, 2008 - Economy, Politics - 0 Comments
Tags: Bailout + China + Gulf. Dollar. US Dollar + Lehman + moral hazard + Russia + Treasury + US Deficit
With the bailouts of Fannie Mae and Freddie Mac, the shotgun marriage of Bear Stearns to Chase, the Highway Trust Fund re-capitalization, and the ensuing takeover of investment bank Lehman, we have realized the consequences of “moral hazard” and it does not bode well for the future. Sources report that the Fed and Treasury are making contacts for Lehman to get […]
September 12, 2008 - Economy, Markets, Politics - 0 Comments
Tags: + Bush + Energy + Georgia + investing + NATO + Oil + Putin + Russia + South Ossetia
Geo-Politics is about power and and hegemony–when circumstances permit the nation with the advantage exercises its power to achieve domination. Following the collapse of the Soviet Union the new Bush Administration realized this was the American moment. And with that realization American foreign policy was remade from something to idealize into something to despise without legitimacy. It began with overt efforts to co-opt […]
August 10, 2008 - Economy, Markets, Politics - 0 Comments
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