An interesting post by Edward Harrison on the Credit Writedowns website suggests a Labour shortage could spell inflation and trade deficits for China Informed researchers are asking what happens to China based on the recent demographic shift from rural labour surplus to rural labour deficit. The answer may be slower growth and higher inflation, according [...]
Archive for the ‘World’ Category
ECRI Says Global Slowdown Will Hit This Summer
May 19th, 2011 
admin Inquiring minds are watching a video with Lakshman Achuthan at the ECRI who says “Global Slowdown to Hit by Summer, Even for U.S.” The world is headed for an economic slowdown, according to the Economic Cycle Research Institute’s (ECRI) Long Leading Index of global industrial growth. “It is not country specific, but imagine if you [...]
Trichet Goes Ballistic, Walks Out of Meeting Over the Term “Soft Restructuring”; Infighting Over Who Replaces IMF Chief; Some Suggest Trichet
May 19th, 2011 admin The ECB comedy show continues. Jean-Claude Trichet went ballistic and walked out of a meeting over Jean-Claude Junker’s use of the terms re-profiling and “soft restructuring”. Adding to the tenseness, huge infighting is in progress over who will replace Dominique Strauss-Kahn who just resigned as IMF chief. Some suggest outgoing ECB president Jean-Claude Trichet. IMF [...]
Who’s Right on Medicare Reform, Ryan and Rivlin or Obama and Gingrich? Cato Institute Praises Paul Ryan’s Medicare Voucher Proposal
May 18th, 2011 admin Who’s Right on Medicare Reform, Ryan and Rivlin or Obama and Gingrich? Paul Ryan has a plan to fix Medicare with a program of vouchers. Surprisingly, Newt Gingrich blasted Ryan’s plan calling it “right-wing social engineering.” Gingrich is opposed to “Radical Change”. The LA Times reports Paul Ryan defends Medicare plan in wake of Newt [...]
ECB Ostrich Maneuver; Euro-Zone Comedy Show: Junker Proposed “Re-Profiling” Greek Debt, Now He Wants “Soft Restructuring”; Targeting Short-Selling
May 18th, 2011 admin No matter how you label it, Greece is going to default. Nonetheless, like an ostrich with its head in a hole, the ECB remains in firm denial of the obvious. The situation is made all the more humorous because Jean-Claude Junker, the head of the euro-zone finance ministers, keeps looking for words other than default [...]
Posted in World 
Tags: Comedy, Debt, Eurozone, Greek, Junker, Maneuver, Ostrich, Proposed, ReProfiling, Restructuring, ShortSelling, Show, Soft, Targeting, Wants 
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