Category Archives: Economics

What Economists At Harvard Are Thinking

Posted on December 10, 2012 by macromon

Cute.  The Mankiw is starting to look…wise, no? Hat tip Mashable.  (click here if video is not observable)

Posted in Economics, General Interest | Tagged , | Leave a comment

Perspective on Greece’s Great Depression

Posted on November 19, 2012 by macromon

Bank of America Merrill Lynch provides an informative chart with perspective on how bad it is in Greece, The Greek recession has been the most severe in the recent history of crisis and compares only to the U.S. Great Depression.  … Continue reading →

Posted in ECB, Economics, PIIGS | Tagged , | Leave a comment

Greenspan’s Dose of Realism

Posted on November 17, 2012 by macromon

Former Fed chairman,  Alan Greenspan, dishes out some real gems to CNN’s Ali Veshi on the fiscal cliff and the country’s current economic situation, in general.   He almost sounds like the inflation slaying Paul Volcker.  Rather than inflation this time, … Continue reading →

Posted in Economics | Tagged , , | 4 Comments

Euro Gloom

Posted on November 14, 2012 by macromon

The hits just keep on coming.  Forget what is happening in the markets,  the Euro street is truly hurting.  And that, our friends, is where the ultimate risk lies. (click here if video is not observable)

Posted in ECB, Economics, Euro | Tagged , , , | Leave a comment

Top 30 Fastest and Slowest Growing Economies

Posted on November 13, 2012 by macromon

Here are the fastest and slowest growing economies in the world ranked by 2012 GDP growth.  The growth estimates and 2013 forecasts are from the October IMF World Economic Outlook database. Note, the law of small numbers in the growth … Continue reading →

Posted in Economics | Tagged , , | 1 Comment

Composition of the U.S. Fiscal Cliff

Posted on November 11, 2012 by macromon

Here’s some background and a nice chart on the fiscal cliff prepared by the IMF for last week’s G20 FinMin meeting.  Note also the U.S. debt ceiling, which currently stands at $16.394 trillion with current outstanding debt at $16.245 trillion, is … Continue reading →

Posted in Economics, Fiscal Policy | Tagged , | Leave a comment

It’s Health Care, Stupid!

Posted on November 11, 2012 by macromon

Great chart from the CBO on where the runaway spending will take place in future U.S. federal budgets.  It’s mostly all health care due to an aging population. We sense the next “Big, Big Thing” is going to come in … Continue reading →

Posted in Economics, Fiscal Policy | Tagged , , , , | Leave a comment

Germany’s Five Wise Men Urge Creation of Euro “Exit Door”

Posted on November 7, 2012 by macromon

The German Council of Economic Experts, aka the “five wise men” (which, btw, includes one woman)  handed over their annual report to Angela Merkel today.  The report urged the government to show more spending discipline and create an “exit door” … Continue reading →

Posted in Economics, Germany | Tagged , , , | 1 Comment

Charlie Rose: Joe Stiglitiz, Housing’s Not Coming Back

Posted on November 5, 2012 by macromon

Professor Stiglitz’ Nobel credentials really shine with his current understanding of the U.S. economy in this interview with Charlie, which took place last month.  They discuss many issues,  including LIBOR,  derivatives,  European banks,  too big to fail, the fiscal cliff, … Continue reading →

Posted in Economics, Housing, Whales | Tagged , , , | Leave a comment

Japan PMI falls to 46.9, 18-month low

Posted on October 30, 2012 by macromon

Markit’s press release on Japan’s October manufacturing PMI, Commenting on the Japanese Manufacturing PMI survey data, Paul Smith, Senior Economist at Markit and author of the report said: “The fall back in the headline PMI to an 18-month low during … Continue reading →

Posted in Economics, Japan, PMIs | Tagged , , | Leave a comment