The “Waiting for Godot” theory of the lackluster recovery
SAO PAULO | By Marcus Nunes | Regarding the economic recovery… from Robert Samuelson (explaining Edward Lambert´s AS/ED, that´s Aggregate Supply/Effective Demand, theory).
economic recovery
Paul Ryan, the man who wants to avoid “European sclerosis”
Interested in the world’s economy? There’s somebody you should meet. He doesn’t have an outstanding experience in the private sector but is determined to drastically cut U.S. government spending, boost market flexibility and avoid the “clouds” that are coming from Europe. If Republicans make it to the White House in november, Congressman Paul Ryan, Mitt Romney’s pick for vice president, will have a bigger say than the president. If not,…
The US is not Japan, JP Morgan argues
MADRID | Three years have passed since the US took hold in mid-2009 of something of an economic recovery. The green in the green shoots has been paler than first thought, though. JP Morgan analysts in Spain released today a note saying that, by GDP per capita standards, we are witnesses of the weakest rebound the US has lived since World War Second. In the JP Morgan chart, populations has…