Posts Tagged ‘recession’

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    It’s Official

    Sep 21, 10 • 744 Views • No Comments

    We now know when the recession officially ended. But I still wonder whether we are moving along a “V”, a “U”, a “W” or an “L”. According to the National Bureau of Economic Research (NBER), the recession began......  [read more]

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    Deflation Worries

    Sep 13, 10 • 958 Views • 3 Comments

    We have something else to worry about: deflation. If you had $100 in 2000, you would need $126.60 in 2010 to make the same kinds of purchases. Called inflation, prices tend to go up each year. Most consumers and businesses are happy with a little inflation,......  [read more]

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    The Housing Dilemma

    Sep 9, 10 • 1057 Views • 5 Comments

    Is it time for shock therapy? Since the housing bubble popped, from tax credits to mortgage modification programs, government has tried to support housing prices. The goal was to provide support and diminish foreclosures until the market stabilized. With......  [read more]

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    Spend More or Less?

    Aug 29, 10 • 650 Views • No Comments

    It was perfect. On the left side of the NY Times Op-Ed page, David Brooks defended the austerity approach. On the right was Paul Krugman saying spend more. Those are the alternatives. Maybe now it will be easier to choose one? Using Germany as his model,......  [read more]

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    Double Dipping

    Aug 28, 10 • 637 Views • No Comments

    For a smile, you might want to watch Merle Hazard’s “Double Dippin'” song. As the Guardian points out, also look for the fun trivia such as a small background picture of mathematician Benoit Mandelbrot. No one was smiling, though in response......  [read more]