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Prominent economists are forecasting a significant deceleration of global economic growth and even double-dip recessions on the back of severe cuts in government spending and tax increases in some European countries as a result of huge budget deficits. Yes, you may well ask whether doom and gloom are our destiny. Read on for a whizz around the economic globe … [...]
Economists say it could be 2015 before unemployment is back down to 5.5%. WSJ’s David Wessel says for that to happen, business investment needs to lead the way. But that’s not happening … [...]
“Economic history indicates that the recovery path of the U.S. economy is typically impressive in the early stages of a recovery. The median increase of real GDP in the four quarters of an economic recovery was 6.1% in the post-war period, excluding the expansions following the 1990-91 and 2001 recessions. Where does the current economic recovery rank?” asks Asha Bangalore in this guest post. [...] More on this topic (What's this?) Is the U.S. Economy Still in a Recession? (Money Morning, 4/27/12) What's Wrong with the U.S. Economy (Wealth Daily, 4/28/12) ECRI's WLI and Deficit Spending (Kirk's Market Thoughts, 4/30/12)
Marc Faber, publisher of the Gloom, Boom & Doom report, says we have to distinguish between what central banks and the governments in the Western world say and what they will do. “… the whole burden to support the economy will fall on monetary policies … they’ll print money like crazy,” he remarked. [...] More on this topic (What's this?) Marc Faber Economy Is in a worse position today than in 2008 and 2009? (Value Investing, 4/11/12) Deep (Portfolio) Thoughts With Marc Faber (Random Roger's Big Picture, 4/5/12) Marc Faber: The Perils of Money Printing’s Unintended Consequences (Value Investing, 3/18/12)
This post includes a table showing public sector debt of selected mature and emerging countries. The contrast is staggering, particularly the rate at which debt is growing in the largest economies – more than 30% this year in the U.S., Japan and Britain. This trend represents a major reversal from the past, when investors in developing economies often had to factor in large sovereign debt, high default risk and wildly fluctuating currencies. [...] More on this topic (What's this?) Emerging Market Bonds: Less Risk Than You Think (Investment U, 5/11/12) Emerging Markets: The Ultimate High Growth Investments (Investment U, 4/3/12) The Cost of Debt (Wealth Daily, 4/12/12)
Don Coxe has updated his popular webcast on Friday, July 16. Follow the link from this post. [...] More on this topic (What's this?) Harbinger, Spectrum Back In Spotlight (The DIV-Net, 5/16/12) Mobile Devices, A Growing Addiction [Infograph] (Value Investing, 5/19/12) Water-Gen Delivers Water From the Desert Air (Wall Street Daily, 3/6/12) | ||||||||||||||||||||||||||||||||||||||||||||||
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