debt | the_recession

Stockman: Deadcat bounce and continued fall into 'EPIC DEFLATION'

cieldumort wrote in the_recession Jan 24, 2016 20:20

Stockman:
Markets in store for a "Thundering Reset"

Stockman: "I think we have a dead cat bounce in no-man's-land" David Stockman on the 'EPIC' debt-deflation bubble he believes is now unraveling.
Posted by Recession Journal on Sunday, January 24, 2016

david stockman, debt to gdp, debt, deflation, debt-deflation, bubbles

This Is Collapse In Progress

nebris wrote in the_recession Jul 14, 2012 00:15

This video offers a critical analysis of the effort of the City of Philadelphia to collect over a billion dollars in outstanding criminal court fees, fines, costs and bail forfeitures from an estimated 400,000 people. Failure to pay may result in the seizure of assets, a denial of public benefits, an inability to obtain an expungement or pardon, ( Read more... )

fascism, societal breakdown, economic collapse, alternate recovery plans, panics, 'capitalism', austerity measures, global financial trainwreck of 2007-?, class war, income inequality, debt, poverty

"It was all about profit."

nebris wrote in the_recession May 26, 2012 19:03

~This is the unvarnished face of Capitalism. And The Corrections Corporation of America is doing this all over again.

Click to view

tea party politics, debt, income inequality, 'capitalism'

Stocks Swoon as US Economic Indicators Flag & Greece Crumbles

cieldumort wrote in the_recession May 17, 2012 15:34

U.S. Data Suggests Europe Having Impact

The unofficial recession underway since last year in Europe and most visible in Greece appears to be undermining the resilience of all the economies around the rest of the world, clearly now including the United States as well.

On Thursday economic data show a US economy once again increasingly at risk of ( Read more... )

recession 2012, election year recessions, economic shocks, greece, philly fed survey, leading indicators, europe, debt, 2012 presidential election

Elizabeth Warren on Debt Crisis, Fair Taxation

nebris wrote in the_recession Sep 21, 2011 11:40

Click to view

elizabeth warren, taxes, debt

Middle Class Death Watch -- 33 Frightening Economic Developments

nebris wrote in the_recession Sep 19, 2011 02:04

By David DeGraw, Amped Status
Posted on September 18, 2011
Via Alternet

( Downward mobility, homelessness spreading to the middle class, 200,000 public employees laid off? Here are some frightening trends to keep an eye on. )

societal breakdown, macroeconomics, initial jobless claims, government spending, outsourcing, the |_____ club, freddie mac, bankruptcies, homelessness, corporate profits, monetary policy, deficits, 52 week lows, mortgage delinquency rates, banking sector, unemployment, fannie mae, economic collapse, commodities, panics, 'capitalism', social safety nets, living within one's means, survivalism, the lost decade, 50 state slump, deleveraging, civil unrest, starve the beast, home prices, debt, financial crisis, national debt, food shortages, business cycles, barack obama, mortgage defaults, unions, healthcare, austerity measures, global financial trainwreck of 2007-?, obamanomics, foreclosures, income inequality, deflation, california, dollar destruction, debt to gdp, credit crisis, federal reserve, unemployment rate, economic shocks, credit cards, class war, consumer lending, obama administration, small businesses

The Beast Is Starved: Welcome to the Next Great Depression

nebris wrote in the_recession Aug 07, 2011 11:25

Published on Thursday, August 4, 2011 by CommonDreams.org
by John Atcheson
Since Reagan, Republicans have been on a “starve the beast” campaign - by which they mean eviscerate the government by taking away as much revenue as they can.

Starving the beast ( Read more... )

reagan revolution, depression circa 2009, corporate earnings, austerity measures, global financial trainwreck of 2007-?, obamanomics, keynesianism, 52 week lows, fraud, economic policy, libertarianism, tea party politics, gop, social safety nets, 'capitalism', 50 state slump, bush administration, debt

It's been a wild couple of days

darksumomo wrote in the_recession Aug 05, 2011 18:05

First, a Chinese agency downgraded the U.S. credit rating.

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A Chinese ratings firm yesterday made financial history and downgraded the US' credit rating from A+ to A. Meanwhile, hot money flowing into hedge funds and gold saw gold prices yesterday shoot to a historic high of US$1,670 per ounce.
It looks like the Chinese think the deal was a Satan ( Read more... )

global financial trainwreck of 2007-?, s&p 500, recessions, double dips, debt, rating agencies, dow 36000

The Economist August 6, 2011 Print Edition Cover

cieldumort wrote in the_recession Aug 04, 2011 18:09

( Read more... )

tax policy, austerity measures, 52 week lows, sovereign debt crisis, tea party politics, poll, the great crash of 2007-2009, zombies, zirp, demand destruction, double dips, supply-side economics, deleveraging, debt, 2012 presidential election, 1937

Debt Deal Reality

cieldumort wrote in the_recession Aug 03, 2011 13:00

The "compromise" did nothing to produce euphoria on Wall Street, or elsewhere, as now parties are actually examining (yes, only -now- they are examining) what it actually means for the economy.

Fmr. Reagan Budget Director David Stockman: "Worst Possible Outcome"

Debt Deal Result Lowers JP Morgan 2012 US GDP Expectations by 1.75 GDP Points
As such, ( Read more... )

austerity measures, tea party politics, forecasts, gdp, debt