US Economy: 2009 Forecast
New York, 2 Jan 2009. The US economy took a beating in 2008, and things are likely to get worse before they get better.
China Economy: 2009 Forecast
Beijing, 24 Dec 2008. The Chinese economy grew a whopping 9.9% in the first three quarters of 2008, and 11.9% in 2007. Forecasts for 2009 are nowhere near as rosy.
India Economy: 2009 Forecast
New Delhi, 16 Dec. 2008 started out well enough with growth figures approaching 10%, but 2009 may only achieve 6.5%.
US Economy: Big Three Bailout - General Motors, Ford, and Chrysler
Detroit, 5 Dec 2008. First the most powerful banks in the US were “too big to fail”. Now the same is said about US automakers General Motors, Ford, and Chrysler. The moral hazards continue.
World Economy: The Beginning of a Depression? Not Quite.
New Delhi, 28 Nov 2008. It’s funny that in the midst of a financial crisis while politicians try to calm the masses and restore confidence they also make apocalyptic statements about the economy.
China Economy: Government Role in Economic Stimulus
Beijing, 21 Nov 2008. China can implement economic policy a lot easier and faster than other large economies making it easier to dictate the country’s direction in times of economic need or crisis.
US Subprime: History of the Credit Crunch and Credit Crisis - Unwinding
Geneva, 18 Nov 2008. In the fourth part of this series, we examine what happens after confidence disappears and the effects start to set in.
Japan Economy: Japan Joins US in Recession
Tokyo, 17 Nov 2008. It’s official: Japan is now in a recession. The world’s second-largest economy reported a .1% drop in its third quarter, after a .3% fall in its second quarter.
Singapore Economy: The Moral Hazard of Bailouts and the Dilemma the Government is in
Singapore, 10 Nov 2008. The Singapore government has been put in a tough spot in on whether or not it should intervene in saving citizens’ losses.
US Economy: Barack Hussein Obama Wins US Presidential Election
La Grande, OR, 4 Nov 2008. “The issue of economics is not something I’ve understood as well as I should.” These very words, uttered by Senator John McCain came back to haunt him.
US Subprime: History of the Credit Crunch and Credit Crisis - Confidence
Geneva, 3 Nov 2008. In the third part of this series, we look at the role confidence plays in financial markets.
Thai Economy: Trading Rice for Oil with Iran
Bangkok, 31 Oct 2008. In an effort to address credit, food, and oil woes, Thailand and Iran are planning to barter rice and oil.
Japanese Economy: Carry Trade Becoming Dangerous
Tokyo, 30 Oct 2008. Will the impending economic slowdown spell an end to the Japanese carry trade?
US Subprime: History of the Credit Crunch and Credit Crisis - Bursting the Bubble
Geneva, 29 Oct 2008. In the second part of this series, we examine how the bubble burst with the fall of AIG and Lehman Bros.
World Economy: Price of Oil Drops
Singapore, 28 Oct 2008. While many of us are worried over impending recessions and uncertainty in the financial markets worldwide, we do have one thing to be happy about: Lower petrol prices.
South Korean Economy: Economy Slows with Lower Exports and a Declining GDP
Seoul, 24 Oct. As economies slow worldwide, export-driven South Korea announces it is officially now one of them, reporting decreased exports and declining gross domestic product figures.
US Subprime: History of the Credit Crunch and Credit Crisis - Inflating the Bubble
Geneva, 23 Oct. In this multi-part series, we uncover the events that led to the subprime credit crunch, and analyze future financial prospects. This first installment explains how the bubble inflated.
Indian Economy: India Ranked 70 in World Prosperity Index
New Delhi, 22 Oct. India has made tremendous progress since opening its doors to foreign investment and trade. But it still has a long way to go.