House passes the granduosly named American recovery and reinvestment plan, and, it is irrelevant at this point. For this plan is not far sighted enough nor does it change the game in any way. But don’t blame the president for this, for he was just working with in the boundaries of consitution. Fact is this [...]
Posts Tagged ‘world economy’
American recovery and reinvestment plan…. Whatever!
Posted in Economy, Energy technology, Environment, Environmentalism, Financial Markets, Incidental-musing, Investment, Legislation, Media, Stockmarket, Technology, Thought-Trails, tagged American recovery and reinvestment plan, Broadband internet access, Conservative Economists, Depression, Economic Depression, Financial Markets, Global depression, Global Economy, Global Recession, Green Energy, High speed rail roads in US, House, Hybrid cars, John Kenneth Galbraith, Liberal Economists, Main Street, National Power grid, Senate, stock markets, Tax breaks, Tax cuts, US Economy, US House of representatives, US Infrastructure, US Politics, US recession, US Senate, world economy on January 28, 2009 | Leave a Comment »
Stock market is falling. No reason to panic and pass Paulson’s plan with out change.
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged Financial Markets, Paulson's plan, stock markets, US Economy, world economy on September 22, 2008 | Leave a Comment »
Dow is currently about a 150 points down. Over the next couple of days there may again be volatile swings in stock market. Such volatility may be used to pressure congress to pass paulson’s plan. Volatility in the stock market is natural in such troubled times and should not cause a panic among the congressional [...]
Here we go again!!! Oil is above $104.
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged US Economy, Financial Markets, commodity markets, world economy, paulson's bailout plan, Oil prices, Inflation on September 21, 2008 | Leave a Comment »
The bailout plan is not yet passed by the congress and oil is already above $104.
Why?????
Here’s the logic, US government is giving a bailout to the wall street, but FED has to create those $700 billions. Which means, huge amount of deficit in US. That implies US currency dollar will loose its purchasing power and [...]
Interesting series from FT…
Posted in Economy, Financial Markets, tagged Credit Squeeze, world economy on August 4, 2008 | Leave a Comment »
Here is an interesting series from financial times.
Here it is….
