recession

This is a post by Edward Hugh, who also blogs at Global Economy Matters. According to data released today from the Swedish statistical office Sweden unexpectedly fell back into recession in the fourth quarter, adding to the impression…

This post was originally published at A Fistful of Euros. “Doom-mongers” - the Economist tells us - “are licking their wounds”. And why exactly are they licking their wounds? Well for two years now (apparently) they have been telling us…

I said: "Here’s my question: when does this affect the Greek sovereign credit rating? That has to be next because the scenario I just scoped out would indeed suggest lower tax revenue and more budgetary pressure. Sure sounds like a death…

I am back from a week in Mexico.  And here in DC there are still mountains of snow on the ground. Here are some links I picked up on yesterday on my way home. Cheers. Edward PS. – the article from Worthwhile Canadian Initiative is…

Marshall Auerback here with a post which I originally published at New Deal 2.0. What is a fiscal crisis? When does deficit spending become “unsustainable”? Today, we can see net public spending rising (sharply as a percentage of GDP in…

I will be away all week, so I will have a number of guest contributions in that time. Here is a great one from John Mauldin, who I frequently publish.  At the bottom is a blurb on how to subscribe to his newsletter.  It is worth…

Edward Hugh here. Well, I may say there were no surprises, but in fact the Greek economy contracted more than many observers expected in the fourth quarter, while downward revisions to the rest of 2009 converted the present recession into…

This post was originally published at A Fistful of Euros. Well, as we say in English, it never rains but it pours. Latvia, which has had the deepest recession of all 27 European Union member states, contracted by nearly 18 per cent in the…

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman has an alarming note out this morning on economic policy.  I take notice because Chandler usually writes in more nuanced and non-apocalyptic tones.  For…

Last week, I wrote a post “Is the recession dating committee preparing for a double dip?” the gist of which was to question whether the NBER recession data committee thought a double dip was likely.  But an e-mail exchange I had this…