recession

Nouriel Roubini took the seat in this week’s Big Interview chair with the Wall Street Journal. He says the risk of a global recession is greater than 50 percent and believes the next two to three months will be decisive in revealing which…

Last week I showed you one way to look at the jobs crisis in graphical form. Here’s another from Calculated Risk.

I don’t have any comments on this yet, but it is definitely newsworthy.

The gold-silver ratio (GSR) measures how many ounces of silver one can purchase for an ounce of gold, on a certain date. Reference to the ratio has a long history. One of the first mentions was that upon the death of Alexander the Great,…

Hat tip to Steve Keen for these jokes. This is how bad the economy is.

With the arrival of the first real Japanese data since the Tsunami struck the immensity of the tragedy which Japan is passing through is only now gradually becoming apparent. Exports were down by a seasonally adjusted 7.7% in March over…

The power shortages and damaged factories are taking a larger toll than was initially evident. Press reports, for example, warn that the contagion via the supply chains may have greater global impact, which in turn could impact the…

The big news when the advanced estimate of the 4Q/2010 GDP was announced last week was the recovery of the pre-recession level of GDP.  This was presented by some as good news, but was suitably qualified by others.

Transfer payment receipts are defined well by the BEA (Bureau of Economic Analysis, U.S. Dept. of Commerce): Personal current transfer receipts are benefits received by persons for which no current services are performed. They are…

Along with the EU and IMF we can be in no doubt: the reform programme evidently is on track. The only issue which seems to divide everyone – and especially those office-bound Fund employees from their more financially savvy…