Tag Archives: Economic Depression

Central Banks Fighting Deflation Worldwide

Central banks in Europe, Japan and  the U.S. are fighting deflationary forces by easing monetary policy and financing government debt.  This may change their roles and expectations in the future as they move closer to the areas of fiscal policy … Continue reading

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Elliott Wave Tracking Page 2013

This is the Robert Prechter Elliott Wave Tracking page for 2013. This page tracks articles on Robert Prechter and his prognostications found in the major news websites. For all news articles on Robert Prechter from the 1980s to 2012, go … Continue reading

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Canadian Prime Minister Stephen Harper Doesn’t Want to Sound Alarmist But…

“I do think in a sense, here, I don’t want to sound too alarmist, but we are kind of running out of runway here,” Harper said Monday. “And in terms of structure of the eurozone and in terms of addressing … Continue reading

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All major economies headed for slowdowns: OECD

None of the world’s major economies will escape a slowdown, the Organization for Economic Co-operation and Development said on Monday, highlighting increasing signs that growth momentum is dwindling across the board. ********** Read more here: http://www.reuters.com/article/2011/11/14/us-economy-oecd-indicator-idUSTRE7AD0OO20111114  

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Vince Cable: Eurozone could unleash armageddon

EUROPE’S debt crisis could unleash economic “armageddon” which will collapse UK banks, Business Secretary Vince Cable warned yesterday. His apocalyptic prediction came as David Cameron told fellow European leaders that time is running out to save the euro. EU chiefs … Continue reading

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New recession threatens the globe as debt crisis grows

Professor Simon Johnson, a former chief economist at the IMF, rattled nerves earlier this week by warning the world is “looking straight into the face of a great depression”. … The IMF said loans have doubled to almost 200pc of … Continue reading

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Dexia, Trillion Dollar Bank, Europe’s First Casualty

Dexia, a bank jointly controlled by France and Belgium, has an estimated quarter trillion dollars in bad assets. Part of the problem assets were carried over from the crisis of 2008 when the bank received the largest injection of any … Continue reading

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