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U.S. Economy Forecast 2010, The Year of Severe Economic Contraction

17 hours ago ago from American Armageddon Judgement Day

Upbeat reports in the financial media, belie the effects of the ongoing credit contraction. Massive injections of central bank liquidity have prevented the collapse of financial markets, but have done nothing to ease the deleveraging of households or stimulate activity the broader economy. The crisis has stripped $13 trillion in equity from working families who now find their access to credit either cut off or severely curtailed by the ...

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2010: The Year of Severe Economic Contraction

17 hours ago ago from American Armageddon Judgement Day

2010: The Year of Severe Economic Contraction Upbeat reports in the financial media, belie the effects of the ongoing credit contraction. Massive injections of central bank liquidity have prevented the collapse of financial markets, but have done little to ease the deleveraging of households or stimulate activity the broader economy. The crisis has stripped $13 trillion in equity from working families who now find their access to credit ...

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Three jeers for Mahathir

1 hour, 17 minutes ago ago from Hornbill Unleashed

By Pak Bui Hornbill Unleashed writers detest character assassination and name-calling. We prefer trying to shed what light we can on Malaysian society and politics, rather than slinging insults at public figures. Knowing the good is doing the good, we argue, paying heed to the words Socrates spoke 2,400 years ago. The only good is knowledge and the only evil is ignorance, we remember. So we will not immerse ourselves in the ...

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Motor city

14 hours ago ago from Belmont Club

Steven Crowder takes audiences on a tour of Detroit, a place which he describes as the perfect example of liberal policy consistently implemented. One commenter says, look at the bright side once liberalism fully destroys an area, we can get some cheap real estate! well that is if we have any money left to buy it . Detroit has achieved something extraordinary. It's become a lost city in real time, at least on the Internet. There are ...

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benchmarking: zakshow.com | nug's earning guide

17 hours ago ago from nug\'s earning guide

nug's earning guide maximizing online money making, my way and the highway Home Domaining Adsense [+] Paid To's Others benchmarking: zakshow.com 22 Dec 2009 Filed under: review , site and blogs Author: nugrohoadipratama when i start with my blogwalking activity today my attention caught in the blog with similar topics to this blog, it is Zak Show . The owner cover broad topics in his blog, but most of ...

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GDP Up 2.2% In 3Q, But Recovery Is Much Slower Than Previously Thought

2 hours ago ago from Huffington Post

WASHINGTON The economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a weaker start than previously thought. However, all signs suggest the economy will end the year on stronger footing. The Commerce Department's new reading on gross domestic product for the July-to-September quarter was slower than the 2.8 percent growth rate estimated just a month ago. Economists were predicting that figure wouldn't be ...

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