Browsing Tag

James Galbraith

Links: 2008-12-11

The big news today (at least in my mind) is the outsized jobless claims number of 573,000. This number confirms the view that the employment situation is worsening quite rapidly. I think we could see 7.2% unemployment next month given…

Links: 2008-11-05

Today was a very exciting today in politics as well as in the markets. We are living in a time to remember, like nothing we have seen in our lifetime. The question for us remains "what does the future hold?" I would like to look on the…

News round-up: 25 Sep 2008

The big news is about Paulson's Economic Patriot Act, which looks set to pass Congress. The ultimate question is in what guise the plan passes. Will it give the U.S. Treasury carte blanche or will Congress have oversight? What provisions…

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