Archive for the ‘solvency crisis’ Category:

The Future of the Fed

{ Posted on Apr 27 2011 by Ken Houghton }
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Categories : All, Angry Bear, conferences, Great Recession, recovery, solvency crisis, the fed, Uncategorized
Spent the morning at this event: presentations and discussion by Joe Stiglitz, Yves Smith, Mike Konczal, Joe Gagnon, Matt Yglesias, Tom Palley, and many others.Mike K. tole me he expects that video will be available this evening, at least of ...Read More »

Thought-Experiment of the Day

{ Posted on Apr 04 2011 by Ken Houghton }
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Categories : All, Angry Bear, Economics, recovery, solvency crisis, Uncategorized
It's no secret I'm not a fan of the birth-death adjustment to the employment serieses: not from a necessary belief that they're biased, but rather because they give the lie to the illusion of accurate monthly data. But imagine for the ...Read More »

Scariest Graphic of the Day

{ Posted on Apr 04 2011 by Ken Houghton }
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Categories : All, Angry Bear, Economic Recovery, employment, Great Recession, solvency crisis, Uncategorized
Invictus at The Big Picture notes that, as recent recoveries from recessions go, the current "recovery" has the best private-sector hiring of the past three.Source:  St. Louis Fed Expansion Charts via The Big PictureGo read the whole thing. Read More »

David Streitfeld Knows Better than This

{ Posted on Feb 14 2011 by Ken Houghton }
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Categories : All, Angry Bear, Barry Ritholtz, Housing Prices, NYT, recovery, solvency crisis, Uncategorized
The NYT moves deeply into delusion:The rolling real estate crash that ravaged Florida and the Southwest is delivering a new wave of distress to communities once thought to be immune— economically diversified cities where the boom was relatively restrained.In the ...Read More »

Third Time, Someone Will Believe: Manage Risk or It Manages You

{ Posted on Jan 29 2011 by Ken Houghton }
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Categories : All, Angry Bear, Banks and Financial Institutions, Eurozone, Great Recession, risk management, solvency crisis, Uncategorized
As the late Allison Snow-Jones noted, economics depends on working mathematics. Mathematics, in turn, depend on the conditions being described correctly. If I build a model in which two things are independent, they have to be independent for my model ...Read More »

Start from Silliness and the Product is…?

{ Posted on Jan 20 2011 by Ken Houghton }
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Categories : All, Angry Bear, bad economics, European Union, solvency crisis, Uncategorized, war
Begin with a Really Stupid Assumption:Assume Tom Friedman is correct.Not about the brilliance of cab drivers, or the flatness of the Earth, or even that AGW is the route to revitalize the U.S. economy.* But assume as valid his claim ...Read More »

Following the Taylor Rule would have led to President Kerry

{ Posted on Jan 04 2011 by Ken Houghton }
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Categories : All, Angry Bear, Cursive-Z recession, jobless recovery, monetary policy, Research, solvency crisis, unemployment
The Reserve Bank of New Zealand released a paper by Nicolas Groshenny last month—I'm behind on planning for Chanukkah; that I got to a paper from New Zealand about U.S. monetary policy this soon is, er, probably one of the ...Read More »
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