Japon apprend à vivre avec la déflation (Si Seuls les analystes pouvais comprendre comment)
Au Japon, wages are lower, but so are prices for goods and services, even food. Japan’s companies are devising ways to profit from deflation, says Bloomberg writer Aki Ito in Japan Learns to Live with Deflation. Ben Bernanke has been lecturing on deflation’s perils since he joined the Federal Reserve in 2002 and has often [...]
Lire la suiteLooks Like abaissement de la valeur du dollar t-Réduire le déficit commercial avec la Chine
The NYT reports on how rising prices and wages in China are dampening demand for its exports. L'article présente la hausse des prix en Chine comme un mécanisme alternatif à une réévaluation du yuan (dévaluation du dollar) pour réduire la U.S. Le déficit commercial avec la Chine. Bien que l'évaluation dans l'article est en grande partie anecdotiques, [...]
Lire la suiteBonjour Ben Bernanke, Meet "Stephanie"
Here is an email from “Stephanie”. She heard me talk about the economy on Coast-to-Coast AM radio with George Noory. Stephanie writes …. Bonjour Mish, I don’t know if you give advice, but I heard you on Coast-To-Coast and you seem to know what you are talking about. Je suis 65 ans, obtenir $938 [...]
Lire la suiteElBaradei Unifies Opposition, Criticizes Obama; Business Grinds to a Halt; Ports Shut Down, Prix des denrées alimentaires Soar; Shortages of Food, Water, Fuel
Business in Egypt has ground to a halt. Food and consumer goods stack up in ports. Gas stations have not had deliveries for days and supplies dwindle. Simple economic theory suggests prices will soar and they have. After an initial lukewarm reception when he first returned to Egypt, Nobel laureate and opposition leader Mohamed ElBaradei [...]
Lire la suiteMath et Economie sont durs!
That is pretty much what former Obama adviser Steven Rattner had to say in the Washington Post today. In his piece, Rattner told President Obama: “don’t blame the talented economists who were advising you …. Creating jobs is a slow and frustrating process in the wake of a tough recession.” Calling the president’s economic advisers [...]
Lire la suiteParty Time à Davos
L'Egypte est voler en éclats, Chine et l'Inde sont à la fois la surchauffe, et il n'y a pas de réforme financière qui permettra d'accomplir quoi que ce soit; néanmoins, c'est la fête à Davos. Un analyste ayant une clairance ne suffit pas pour faire la fête avait un message différent, donc ne Bloomberg chroniqueur Simon Johnson. Sinon, il était parti sur Dudes. Please consider Lonely Analyst [...]
Lire la suiteYahoo Affiche Déficit numératie de la couverture sociale
A headline of a Yahoo article told readers that: “Social Security posting $600B deficit over 10 ans.” En fait, the Social Security program is projected to run a surplus in every year of the next decade, adding more than $1.3 trillion to its trust fund, as people with access to the Social Security Trustees Report know. [...]
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