- Zakaria: Why America and China Must Hang Together | Newsweek.com – “In effect, we’re asking China to finance simultaneously the two largest fiscal expansions in human history—theirs and ours. They will probably try to accommodate us, because it’s in their interest to jump-start the American economy. But naturally their priority is likely to be their own growth”;
- Ireland, the Tiger tamed | The Economist – “A fiscal surplus of 3% of GDP in 2006 has turned into an estimated deficit of 6.5% of GDP in 2008, which on a comparative basis is by far the most rapid two-year decline of any euro area country since the single currency was launched. Ireland is now set to breach the EU’s general budget deficit ceiling (3% of GDP) by an even wider margin in 2009, when we expect a deficit of 8.9%. However, even these forecasts are subject to numerous downside risks”;
- Oil firms to store crude on ships as oil tanks | Forbes.com – “Oil companies plan to store millions of barrels of crude at sea as they wait for demand to pick up and prices to rise”;
- Real Time Economics | Geithner at Treasury? A Look Back in His Own Words – “The current episode has a basic dynamic in common with all past crises. As market participants have moved to reduce exposure to further losses, to step on the brake, the brake became the accelerator, amplifying the shock.” – March 6, 2008;
- Real Time Economics | Who is Timothy Geithner? – “He took over the Federal Reserve Bank of New York five years ago, after working at the International Monetary Fund, without the traditional training of a Fed policy maker — a Ph.D. in economics. (His undergraduate degree, from Dartmouth College, is in government and Asian studies. He also has a master’s in international economics and East Asian studies from Johns Hopkins University)”
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Ultimo aggiornamento 2021-01-15 / Link di affiliazione / Immagini da Amazon Product Advertising API