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Paul the Octopus Explains the Future of the Economy
Arthur: On August 3, 2010 Timothy Geithner wrote an article in the NYT titled “welcome to the recovery.” In this article although Geithner recognized how devastating the economic crisis has been and that it will take a long time until full recovery is achieved he also said he felt positive about the...
Bubbles, Unemployment and Other Economic Problems
Lori: Under Obama the America’s Trouble Asset Relief Program (TARP) will end up costing tax payers less than 1% of GDP. In the past the average cost to resolve such a crisis was around 13% of GDP. Great news right?! Andrea: Well banks have found other ways to reestablish their financial health; for instance...
The U.S. Economic Crisis: The Employment Situation
Charles: Unemployment has gone from 10.2% to 10% both figures are close to the historical high figure of 10.80 in the winter of 1982. Richard: Yes and unfortunately the average amount of time it takes someone to find employment is now 28.5 weeks; that is six and a half months! Charles: And six and half...
China is Pulling the U.S. and World Economy Down
Anna: I have good news for you, home prices have increased for three consecutive months; I am thrilled! Karla: Unfortunately I am not so hopeful as you are; artificial low interest rates and a government tax credit are luring buyers but the governmental help will not last too long, indeed it will likely...
Romantic Relationships and their Paradoxical Problems
If You Don't Want to be Dumped Then You Better Learn the Rules of Love
High Unemployment, Poor Consumer Spending & a Chinese American Trade War. What Should We Expect from the Economy?
Jobless Recovery & its Effect on the Economy
The Economic Crisis: The Future of the Economy
U.S. Economic Futures Depends on the Lithium Battery and a Strong Automotive Industry
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