(For more Economy Line insights, see NI ECOLINE.) Christina Romer and David Romer are challenging the popular view developed by Carmen Reinhart and Kenneth Rogoff that the sluggish global recovery from the 2008 financial crisis accorded with ... La Repubblica, 4 weeks ago
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Posted in: Argentina, Economics, Economy, Latin America, South America | No comments A little over 13 years ago, Argentina rocked the international financial community with the largest sovereign default in history. In the years that followed, ...ZNet, 6 hours ago
What will it take for right-wing ideologues to abandon the austerity myth? Europe has taken leave of its senses—or its economic leaders have. That, in a nutshell, is the case that Paul Krugman makes in his column Friday. America's economy ...AlterNet.org, 1 day ago
By Paul Krugman BRUSSELS: America has yet to achieve a full recovery from the effects of the 2008 financial crisis. Still, it seems fair to say that we've made up much, though by no means all, of the lost ground.But you can't say the same about the ...Economic Times, 1 day ago
Charts created using Omega TradeStation 2000i. Chart data supplied by Dial Data The banking system is supposed to be the backbone of the economy is it not. Ok maybe not. Many tout small business as the backbone of the economy. That is most likely ...Safe Haven, 1 day ago
Remarks at the Economic Press Briefing on Student Loans, Federal Reserve Bank of New York, New York City As prepared for delivery Good morning and let me welcome you to our press briefing focusing on developments in the student loan market. My ...Federal Reserve Bank of New York, 2 days ago
Editor's pick: Genetic legacies of rank and file From John Orchard How can anyone know that the "Roman invasion left no genetic legacy" ? Many of the prominent invasions of the UK featured an elite warrior class from a particular place taking ...New Scientist, 2 days ago
A revolution has come to Europethe revolution of negative interest rates. 10-year Swiss government bonds now have a negative yield. Short-term funds kept at the Swiss National Bank now pay -.75% : that is, private banks have to pay .75% per year to ...Quartz, 3 days ago Are negative real interest rates the 'new normal'? Nikkei Asian Review, 1 month ago
Consider the following scenario, one that has played out time and again in emerging-market countries. Local banks and firms go on a borrowing binge and pile up dollar-denominated debt debt that pundits consider perfectly sustainable, as long as ...Business Times Online Tanzania, 1 week ago IT'S COMING, BRACE FOR IT: The inevitable emerging-market debt squeeze Malaysia Chronicle, 1 week ago The Coming Emerging Market Debt Squeeze Huffington Post, 2 weeks ago
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NEW YORK (TheStreet) -- The Federal Reserve has pumped trillions of dollars into the banking system and yet the economy has only responded modestly to this injection. Instead, a large portion of these funds have gone into what can be called the ...Denver Post, 1 week ago
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