2012

Here are some of the foreign language links from the last two days plus some in English that are related which I want to highlight.

Every 60 days the Government Accountability Office issues a report on the various TARP programs. Each report looks at how the Office of Financial Stability, the body currently overseeing all TARP programs, is performing on a given metric.…

Financial news links for 10 January 2012

Late yesterday the US reported the biggest jump in consumer credit in a decade. It reinforces the signal of the gradual healing of the labor market and the resilience of the US consumer. The report increases the risk that the November…

Bloomberg wrote the following paragraphs about a recent interview with Mohamed El-Erian. What i thought was interesting was his belief that the Fed is out of bullets. Monetarists and Keynesians believe the Fed can still be effective by…

The light news stream, adequate bill auction receptions and comments from Fitch suggesting France's AAA rating is secure this year encouraged short-term players to take profits. However, sentiment is still wholly euro negative and a large…

The results are in from the poll I began a month ago. By an overwhelming majority, Credit Writedowns readers believe the crisis will continue.

A post about the job guarantee idea in the context of a historic economic crisis.

News links for 9 January 2012

Pavlina Tcherneva argues that the job guarantee is not just an afterthought to MMT but a crucial component that has so far offered the most coherent counter-cyclical economic stabilizing mechanism.