Tag Archives: Economic growth

Europe Continues To Drink The ECB’s Poisoned Kool-Aid

Posted on March 7, 2013 by

Despite the drumbeat of defeatism  from English-speaking economists, and despite three years of disappointing  economic results, the Eurozone persists in the execution of its original “Plan  A”, adopted three years ago: 1. Balance eurozone government budgets by  raising taxes and reducing expenditure. 2. … Continue reading →

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Debt Black Hole Event Horizon, Economic Singularity, The Minsky Moment

Posted on October 19, 2012 by

By John_Mauldin “Concern about politics and the processes of international   co-operation is warranted but the best one can hope for from politics in   any country is that it will drive rational responses to serious   problems. If there is no consensus on … Continue reading →

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Russian CB raises rates

Posted on September 14, 2012 by

by Dr. Constantin Gurdgiev Bank of Russia hiked key refinancing rate to 8.25 by 25bps on the foot of rising inflation pressures, with current rate back at the levels seen last in November 2011. The bank also hiked overnight repo … Continue reading →

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Euro zone lacks engine for growth

Posted on May 19, 2012 by

By Dr.Constantin Gurdgiev In my previous postings here, I have suggested that by mid-year, Greece will be back in the market’s crosshairs. Now, time to look beyond that which consumes the media space once again. The latest data on first-quarter … Continue reading →

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Britain Slows in Slump

Posted on May 1, 2012 by

 By the Daily Bell Growth fears as UK manufacturing slows sharply … Export orders for Britain’s manufacturers have collapsed at their fastest rate in almost three years, a key survey has found, raising fresh fears about the state of the … Continue reading →

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Sunday Times 1/4/2012 – Deep Reforms, not Exports-led Recovery, are needed

Posted on April 3, 2012 by

By Dr. Constantin Gurdgiev After four years of the crisis, there are four empirical regularities to be learned from Ireland’s economic performance. The first one is that the idea of internal devaluation, aka prices and wages deflation, as the only … Continue reading →

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THE CENTRAL Bank has sharply lowered its economic growth forecast for 2012

Posted on February 4, 2012 by

By STEPHEN COLLINS, Political Editor Irish Times THE CENTRAL Bank has sharply lowered its economic growth forecast for 2012, citing slowing export growth and weak consumer spending. However the Bank says its lower growth forecast should not affect the Government’s budgetary … Continue reading →

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Germany’s gold: It’s time for an accurate accounting

Posted on July 30, 2011 by

One of the most important assets of the German people is the gold that has been accumulated over the years through their hard work and savings. Individuals hold some of this gold, but much of it is kept with the Bundesbank as an … Continue reading →

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Will China Economy Boom Turn into Doom?

Posted on July 12, 2011 by

I came across this interesting article on china’s economy By: Jenson China’s trade surplus in the first half of this year fell 18.2 percent from a year ago to reach $44.93 billion. During the same period, total foreign trade value topped $1.7 trillion, up … Continue reading →

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