Posts Tagged ‘recession’

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    Double Dips

    Aug 7, 11 • 535 Views • No Comments

    We do not know whether a double dip has begun. Cascading during 2008 and the first half of 2009, the GDP then began to climb. Only if it drops again will we have a double dip. In the NY Times, financial journalist Floyd Norris does a beautiful job of......  [read more]

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    Looking at the Debt Ceiling

    May 16, 11 • 405 Views • No Comments

    Today, at this moment, we might be hitting the debt ceiling. During the past 11 years, Congress has voted to raise the debt ceiling 10 times. In 2000, the ceiling was approximately $6 trillion; in 2011, it was just above $14 trillion. The whole story is here,......  [read more]

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    Comparing Central Banks

    Apr 9, 11 • 557 Views • No Comments

    Perhaps we can divide the world between inflation fighters and recession fighters. Right now, most of the inflation fighters are in the developing world. In Brazil, Russia, India and China (the BRICs), more expensive food and energy and growing demand are......  [read more]

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    Savers or Borrowers?

    Apr 5, 11 • 722 Views • No Comments

    In 1987, a $100 savings account would have earned close to $9 in interest. In 2005, $3.75 or so. Now, maybe 47 cents? The WSJ, had a good article describing how savers are suffering. The retirees who expected to depend on interest income until they died have......  [read more]

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    Selling Karma (With a Solar Roof)

    Mar 16, 11 • 399 Views • No Comments

    The Fisker Karma car has 2 electric motors, 1 Lithium-ion battery, and 1 internal combustion engine. Depending on the model, you can have a solar panel roof, do 0-60 mph in less than 6 seconds and reach a top speed beyond 125 mph. How?......  [read more]