Tag Archives: Recession

Trump Copies Putinism

Popular Economics Weekly “Russian mathematician and Putin critic Andrey Piontkovsky characterized Putinism as “the highest and final stage of bandit capitalism in Russia; and also as a war, ‘consolidation’ of the nation on the ground of hatred against some ethnic group, … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Truth About High Tariff’s

Popular Economics Weekly “High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars. Then the worst happens: markets shrink and collapse, businesses and industries shut down, and millions of people lose their jobs.” President … Continue reading

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , , , , , | Leave a comment

When Has Inflation Declined This Quickly?

The Mortgage Corner When was the last time inflation rates declined this steeply? You guessed right if you said the Great Recession. Calculated Risk’s colorful graph of various inflation indicators (gray bars are recessions) shows the history of Core CPI … Continue reading

Posted in Consumers, COVID-19, Weekly Financial News | Tagged , , , , | Leave a comment

No Recession Next Year?

Financial FAQs Fortune Magazine has come up with the most interesting reasons for a looming recession in a recent edition. “Here are six reasons why a recession remains Bloomberg Economics’ base case. They range from the wiring of the human … Continue reading

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Tagged , , , , | Leave a comment

Managing Fed’s Expectations—Why Austerity Now?

Popular Economics Weekly It seems that Ben Bernanke’s Federal Reserve has lost its nerve. Last week’s FOMC meeting confirmed that its Open Market Committee has decided to end the monthly QE3 security purchases sooner rather than later. We already see … Continue reading

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment