Tag Archives: Gross domestic product

Reinhart, Rogoff… and Herndon: The student who caught out the profs

By Ruth Alexander BBC News Thanks to L.   This week, economists have been astonished to find that a famous academic paper often used to make the case for austerity cuts contains major errors. Another surprise is that the mistakes, … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 3 Comments

Gold’s Death Cross is a buy signal for China

By Ambrose Evans-Pritchard, Economics The Telegraph, UK Last updated: February 21st, 2013 Gold price has dropped below $1,600 for first time in six months It is a treacherous moment for gold bugs. The first whiff of future tightening from the US Federal … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | Leave a comment

!!!!!!!!!!! How much has Ireland paid for the EU banking crisis?

Ireland has been declared a ‘special case’ by Angela Merkel – and these figures show exactly why, writes Michael Taft source: The Journal.ie Thanks to V! WITH CONSIDERABLE speculation about an impending deal on bank debt, with the Taoiseach and … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 13 Comments

David Cameron’s referendum may never be necessary. . . a great update on where things stand. . . ~J

By Ambrose Evans-Pritchard Economics The Telegraph, UK Last updated: January 23rd, 2013 David Cameron’s pledge for an ‘in-or-out’ referendum on Europe will be overtaken by internal events long before we reach 2017. The vote may never be necessary. He is entirely right … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 4 Comments

Revolutionary Japan is suddenly the centre of world affairs

So Japan may not slide into genteel oblivion after all. To the surprise of the Japanese people, their country is smack in the middle of two riveting dramas that threaten to upturn the global strategic landscape in short order. On … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | Leave a comment

RT: Japan slips into technical recession

Published: 10 December, 2012, 15:30 A man walks past a share prices board in Tokyo.(AFP Photo / Kazuhiro Nogi) Japan’s economy is technically in recession after it contracted for two straight quarters, according to fresh data released by the authorities. Japanese … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 1 Comment

What We Could Accomplish in the USA with Interest-Free, Government-Issued Currency

Published by OpEdNews Globally, 40% of banks are publicly owned, mostly in Brazil, Russia, India and China. By 2040, the ‘BRICs‘ will overtake the G6. Their banks work for the benefit of the public instead of for banksters. In these nations, there is no inflation & no gov’t debt. … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 13 Comments

PressTV: Greece public debt and deficit worse than estimated: Report

File photo shows an illustration made with figurines and a euro coin set on a Greek flag. Mon Oct 22, 2012 2:54PM GMT Provisional figures released by Greece’s national statistics authority have shown the country’s deficit and public debt for … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 1 Comment

Another domino falls as Hollande pushes France into depression

If French President François Hollande thinks he can assuage the bond markets by dishing out tax-heavy austerity instead of genuine reform, he has been given very bad advice. ‘Francois Hollande proposes nothing credible to restore France’s viability within EMU, or … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 6 Comments

UK could lose prized AAA debt rating, Fitch warns

Britain is edging closer to losing its gold-plated sovereign credit rating due weak growth and ballooning government borrowing, ratings agency Fitch has warned. Fitch warned that government debt levels and lacklustre growth could threaten that top-notch grade Photo: Reuters By Philip Aldrick … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 2 Comments

Egan Jones Downgrades US From AA To AA-

Submitted by Tyler Durden on 09/14/2012 15:22 -0400 Source: ZeroHedge From Egan Jones, who downgraded the US for the first time ever last July, two weeks ahead of S&P: Synopsis: UNITED STATES (GOVT OF) EJR Sen Rating(Curr/Prj) AA-/ N/A Rating Analysis – … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 3 Comments

Era of ‘jobs-targeting’ begins as Fed launches QE3

Quantitative Easing has become banal, a fine-tuning tool like any other. It is by now drained of all drama. Even the Federal Reserve’s hawks have lost the will to resist. Five of the six critics acquiesced. The Fed has switched … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | Leave a comment

Now That The Fed Has Announced QE Unlimited, Here’s What They Do Next

Joe Weisenthal | Sep. 13, 2012, 8:58 PM Source: Business Insider Today the Fed announced Unlimited QE, meaning that it will buy bonds until the labor market improves “substantially.”The idea is that rather than announcing a program with a fixed end … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 3 Comments

Japan is not broke – by Ellen Brown, September 11, 2012

Source: Asia Times Japan’s massive government debt conceals massive benefits for the Japanese people, with lessons for the US debt “crisis”. In an April 2012 article in Forbes titled “If Japan Is Broke, How Is It Bailing Out Europe?”, Eamonn … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 5 Comments

Are You Better Off Than You Were At The End Of The Bush Administration? A Data-Based Assessment

Menzie Chinn, Econbrowser | Sep. 4, 2012, 5:46 AM Menzie Chinn Source: Business Insider Menzie Chinn is a professor at Robert M. La Follette School of Public Affairs I’ve heard a lot about the “four years ago” comparison. Four years ago, we were on … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 2 Comments

Breaking: US GDP SLOWS TO 1.5% IN SECOND QUARTER, BUT BEATS EXPECTATIONS

Eric Platt Source: Business Insider July 27, 2012 Bill Pugliano/Getty Images UPDATE:The U.S. economy expanded by 1.5 percent during the second quarter, topping expecations for a 1.4 percent gain, new data out of the Bureau of Economic Analysis shows. Nonetheless, the government … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 3 Comments

U.S. ‘Fiscal Cliff’ Looms: Will Lawmakers Heed Bernanke’s Warnings?

By Morgan Korn Daily Ticker Yahoo.com  In late February Fed Chairman Ben Bernanke started warning lawmakers about the looming “massive fiscal cliff” that would bring the U.S. economy to its knees if Congress cannot agree on long-term fiscal decisions. Bernanke explained … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 1 Comment

S&P: Here Comes The ‘$46 TRILLION PERFECT STORM’

Max Nisen Source: Business Insider 47 minutes ago In the first of a series of reports on corporate credit markets, S&P highlights a truly unsettling downside scenario that could derail the ‘fragile equilibrium’ in credit markets. The title of the report: The Credit … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | Leave a comment

PressTV: US economic growth slows to 2.2% in Q1 of 2012

Fri Apr 27, 2012 1:1PM GMT Official statistics show that the US economic growth has fallen heavily to 2.2 percent in the first quarter of 2012. [2.5 was expected ~J]  

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | Leave a comment

US growth slows despite jump in consumer spending

US economic growth slowed more-than-expected to 2.2pc in the first quarter of the year, as stronger consumer spending was offset by cutbacks in government spending and business investment. Street Promenade in Santa Monica, California. The US economy grew 2.2pc in … Continue reading

Posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political | Tagged , , , , , , , | 1 Comment