Nassim Nicholas Taleb - Wikipedia, the free encyclopedia: “Nassim Nicholas Taleb (born 1960) (Arabic: نسيم نيقولا نجيب طالب) (alternative spellings of first name: Nessim or Nissim) is a literary essayist, epistemologist, polymath, scholar of randomness and knowledge, researcher, and former practitioner of mathematical finance”
(Via Wikipedia.)
Italy long term GDP
Global Economy Matters: As Italy Enters It’s Fourth Recession Since 2000, Who Will Bail-Out Unicredit?: “Italy, which is still the eurozone’s third biggest economy, slipped into a recession in the third quarter. The Italian economy fell into what is now its fourth recession in less than a decade as gross domestic product [...]
Day One, Mike Luckovich
Black Man Given Nation’s Worst Job: “African-American man Barack Obama, 47, was given the least-desirable job in the entire country Tuesday when he was elected president of the United States of America. In his new high-stress, low-reward position, Obama will be charged with such tasks as completely overhauling the nation’s broken-down economy, [...]
Europe on the brink of currency crisis meltdown
- Telegraph: “The financial crisis spreading like wildfire across the former Soviet bloc threatens to set off a second and more dangerous banking crisis in Western Europe, tipping the whole Continent into a fully-fledged economic slump.”
(…) Experts fear the mayhem may soon trigger a chain reaction within [...]
The Bank Bailouts Are Very Well Intended, But Where Is All The Money Going To Come From?: “It has been estimated that European government bond issuance will rise to record levels of more than €1,000bn in 2009 – 30 per cent higher than 2008 – as governments seek to stimulate their economies and pay for [...]
National Debt Clock runs out of numbers - Economy in Turmoil- msnbc.com: “A non-digital, improvised dollar sign has been pasted next to the “1.”
(Via Msnbc.)
Panic in 1873
The Real Great Depression - ChronicleReview.com
The depression of 1929 is the wrong model for the current economic crisis
By SCOTT REYNOLDS NELSON
As a historian who works on the 19th century, I have been reading my newspaper with a considerable sense of dread. While many commentators on the recent mortgage and banking crisis have drawn [...]
Tag: economic crisis