Föhrenbergkreis Finanzwirtschaft

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Archive for 19. August 2009

Roubini Project Syndicate Op-Ed: A Phantom Economic Recovery

Posted by hkarner - 19. August 2009

Montag, 17. August 2009, 06:30:48 | Nouriel RoubiniZum vollständigen Artikel wechseln

Where is the US and global economy headed? Last year, there were two sides to the debate. One camp argued that the recession in the US would be V-shaped—short and shallow. It would last only eight months, like the two previous recessions of 1990-1991 and 2001, and the world would decouple from the US contraction.

Others, including me, argued that given the excesses of private sector leverage (in households, financial institutions and corporate firms), this would be a U-shaped recession—long and deep. It would last about 24 months, and the world would not decouple from the US contraction. Den Rest des Beitrags lesen »

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What will be the shape of the German recovery?

Posted by hkarner - 19. August 2009

from RGE Monitor:

    Overview:

  • Germany’s economy contracted more than that of any other rich country bar Japan due to  the slump in global demand for German exports. In the first quarter, GDP dropped 3.5% q/q. Contrary to the consensus forecast, Germany’s economy grew 0.3% q/q in Q2, demonstrating positive quarterly growth ahead of almost all other industrialized countries. Den Rest des Beitrags lesen »

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