Archive for August, 2011
File not found. The Really Real Deal: European Debt Crisis Continued
People are gradually losing faith in Italy, while Cyprus is the peripheral of the peripherals currently in deep economic troubles.
Economy, United States. 2 August, 2011, 1:22
Austerity In A Weak Economy Is Not Nice
With economic data getting weaker and weaker, the deficit reductions accompanied by the increase of debt limit is not really welcome.
Economy, United States. 1 August, 2011, 11:16
After Sweeping Away The Debt Ceiling Rubbish
The deal have been reached, pending vote by the House. While disaster is avoided, a slow-motion train wreck will continue. Meanwhile, refocus to Europe.
China: July PMI Shows Continued Slowdown
The official PMI number shows a continuous slowdown in manufacturing, while the HSBC PMI shows a downright contraction in manufacturing.
Economy, United States. 1 August, 2011, 1:59
Debt Ceiling And Right-Wing Nutters Or Traiters
The world is watching the self-directed crisis of the debt ceiling with tears, laughter and horror. This is nonsense, and spending cuts now is bad economics.