Paul Krugman Speaks About Food Security And The Depression
In yesterdays post, I wrote about Paul Krugman and his thoughts at FFA 2009 in Biblioteque Solvay, Brussels.
This interview is well worth watching for his brief discussion about finance. Note that most politicians discuss the recession and how we may be out of it in 2010. Instead, Paul Krugman calls it the “Mother of all [...]
Can The American People See Their Black Hole?
I am starting to wonder if the American government needs a torch. They seem unable to spot the black hole into which they are pouring money. They ought to use a BIG torch!
In the face of enormous competition globally, a slowing market and what appear to be many internal problems, GM keeps losing money. [...]
Europe Really Is In Recession
Despite the credit crunch or crisis – depending upon your lexicon – politicians around the world have been clinging to anything positive and trying to avoid the word “recession” in any form.
Those brave souls that do use the word recession are playing it down in the hope that it will only last a few weeks. [...]