( Read more... )

Brexit May Be Global Economy's Undoing
Global Recession 2016 Odds Way Back Up
Recession 2016 and Financial Crisis 2016 Risks Seen Spiking

It had looked like the US economy (and indeed, the global economy) was getting a good enough break to regain enough...
Posted by Recession Journal on Thursday, June 23, 2016

Director of the Office of Management and Budget under President Ronald Reagan speaking to Bloomberg of the risks of renewed recession with even greater disarray in Washington. A while ago speaking on CNBC, Stockman warned of "epochal deflation" unfolding around the world. Super bearish. Not for the faint of heart.

Things are "Going to get far ( Read more... )

Global Double Dip Recession 2012
In yet another indication that the European double dip recession of 2011 is going global and becoming a global double dip recession 2012, JP Morgan's Global Manufacturing PMI slid further below the break-even level of 50 last month, with some European and Asian nations experiencing their worst monthly contractions ( Read more... )

Economist Stephen Roach thoroughly debunks the myth that the U.S. is poised to ride out the current phase of the Global Financial Trainwreck.

The GuardianThe great American economic mirage

In September 1998, during the depths of the Asian financial crisis, Alan Greenspan, the US Federal Reserve's chairman at the time, had a simple message: the US ( Read more... )

China Recession May Be Last Straw: Global Recession 2012
China is having a hard landing. Official government numbers may be papering over this reality in their state run media, and even in the mainstream media just about everywhere else around the globe, but even these outlets are starting to shine a little bit of light on the truth. The truth is ( Read more... )

Leading Indicators + Iran =
Global Recession Risk Going Higher Again
Just when you thought it was safe to say that we have probably dodged yet another economic bullet under the Obama administration - for those of you counting, the list is now 1) Averted Great Depression (2009), 2) Averted double-dip recession (2010), 3) Averted new recession (2011 ( Read more... )

( Read more... )

http://www.americablog.com/2011/10/gallup-ceo-theres-potentially.html
By Gaius Publius on 10/04/2011 01:15:00 PM

Thanks to the always informative econ writer masaccio, we find this, from James Clifton, the chairman and CEO of Gallup (the polling ( Read more... )

According to Krugman:

What’s also true, however, is that China has stumbled into a monetary muddle that’s getting worse with each passing month. Furthermore, the Chinese government’s response to the problem - with policy seemingly paralyzed by deference to special interests, lack of intellectual clarity and a resort to blame games - belies any ( Read more... )