Growth has been chronically weak when compared with any expansion of the past 40 years. |
He's the victim. He was beaten, abandoned, betrayed and his medical needs ignored by David Williams. |
I am feeling better about the prognosis for the world economy for the first time in ages. |
I continue to find Germany, by far Europe's biggest economy and still the third-largest economy in the world, the most interesting story of all. Germany, despite its bad press, is very much on the move. |
I do not think that China is going to run the risk of accelerating its pace of opening up its capital markets because of adverse consequences in the global economy. |
I fully expect that the Chinese officials will address these tension points, but will not waver from their steadfast commitment on a medium- to longer-term basis of an open capital account and currency convertibility, |
I fully expect that the Chinese officials will address these tension points, but will not waver from their steadfast commitment on a medium- to longer-term basis of an open capital account and currency convertibility. |
I honestly believe that if China were to revalue [its currency] upward by 10 percent -- a change I do not expect nor advise -- its exports would suffer minimal loss of market share, |
I honestly believe that if China were to revalue [its currency] upward by 10 percent -- a change I do not expect nor advise -- its exports would suffer minimal loss of market share. |
I think there's every reason to believe that another jobless recovery could be in the offing in the years immediately ahead -- one that would take a comparable toll on consumer demand. |
If that's the economic model, China is in trouble. |
If the Schumer-Graham bill closes down U.S. trade with China through the imposition of steep tariffs, a saving-short U.S. economy will simply have to divert a significant portion of its multilateral trade deficit elsewhere. |
In my view, the perils of another burst asset bubble far outweigh the costs of another recession, |
It doesn't get much cheerier than that. |
It won't be a huge dramatic bursting, but it will be felt this year. |