This wikizine focuses on the U.S. economy, including the New York Stock Exchange and NASDAQ stock markets, industry sector trends, large capitalization U.S. companies, and the U.S. macroeconomic climate. Other topics include economic...
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This wikizine focuses on the U.S. economy, including the New York Stock Exchange and NASDAQ stock markets, industry sector trends, large capitalization U.S. companies, and the U.S. macroeconomic climate. Other topics include economic growth, employment, capital allocations, Federal Reserve monetary policy, tax policies, energy and environment, and other issues related to the overall U.S. economy.
This popular Zimbio wikizine is edited by Michael Johns, an industry executive, former White House Presidential aide, and conservative policy analyst, blog author and financial writer, along with other Zimbio contributors with credentials in various aspects of the American economy.
Topics not to be included in this page include references to small companies (less than $1 billion revenue) or thinly-traded stocks (including, for instance, all OTC stocks) since the goal is to provide an overview of the U.S. economy and its major components and not to impact market or trading trends in any significant way.
We've had them before, plenty of times. They're nothing new. Each totally different-all totally the same. What we have done though is change the name. Made it seem more, you know, smoother, not so shocking. Like a gentle hand molding a babies pillow. Like a dip in a smooth highway. Like a slight depression but not an illness. So out with the dread "P" word which sent fear throughout the land many times in the past. Oh, so many times. Dare we say it aloud? Yes, call it by its real name for... Read Full Story
We've had them before, plenty of times. They're nothing new. Each totally different-all totally the same. What we have done though is change the name. Made it seem more, you know, smoother, not so shocking. Like a gentle hand molding a babies pillow. Like a dip in a smooth highway. Like a slight depression but not an illness. So out with the dread "P" word which sent fear throughout the land many times in the past. Oh, so many times. Dare we say it aloud? Yes, call it by its real name for... Read Full Story
Given the speed at which the federal government is throwing money at the financial crisis, the average taxpayer, never mind member of Congress, might not be faulted for losing track. CNBC, however, has been paying very close attention and keeping a running tally of actual spending as well as the commitments involved. Try $4.28 trillion dollars. That's $4,284,500,000,000 and more than what was spent on WW II, if adjusted for inflation, based on our computations from a variety of estimates and... Read Full Story
Analysts at Goldman Sachs and Merrill Lynch are predicting that the price of crude oil could fall to $50 a barrel by December if the global economy slips into recession. Opec is due to meet this week and it is expected that the group will announce a cut in output. The US Debt will be unsubtainable if the Oil Producing nations pull out their investment in Treasury Notes. The folly of Peak Oil Theory has been demonstrated once again. Read Full Story
Europe's looming crisis Iain Macwhirter Published 30 October 2008 It all started with sub-prime loans in the United States. Or did it? As the IMF is called in to bail out failing economies, the scale of European exposure to toxic debt is becoming clear Stockbrokers in the Frankfurt stock exchange. It was Europe’s dark secret. While American banks were lending irresponsibly to homeowners who couldn’t pay, European banks were lending to emerging countries who couldn’t pay. Europe’s sub-prime... Read Full Story
This was one of the first posts I did. In it, I said I would come back with some facts. I apologize for the delay in doing so. When I do these posts, I try to find information from different sources. Sources that are conservative, and liberal alike. I dont want to present info from just one side, because Im not trying to MAKE you into a conservative. Im trying to make you aware, and make you think. I said I believe the country is heading for a major recession, or even depression. I mentioned... Read Full Story
America in Crisis: Tent Cities Propping up Across America; is Economy Worse than Feared? Washington Politicians Are Leaving Americans High & Dry it’s AN OUTRAGE! By Marc Chamot "While Billions of dollars are being spent on Wall Street, Americans are losing their jobs, their homes, and propping up tent cities!" I just can't contain myself with the anger, and disgust that I have for our hapless American politicians . This is inexcusable what we’re getting from these pieces of crap... Read Full Story
Welcome to the April 1, 2008 edition of American Economics Blog Carnival . The state of the American economy affects both domestic and international affairs, as well as the financial stability of households and businesses around the world. In an age of globalization, it is important to understand things that influence American economics. This bi-monthly blog carnival includes articles and editorials that reflect various economic topics, realities and perceptions, as well as some information... Read Full Story
Welcome to the March 15, 2008 edition of American Economics Blog Carnival . The state of the American economy affects both domestic and international affairs. In an age of globalization, it is important to understand things that influence American economics. This bi-monthly blog carnival includes articles and editorials that reflect various economic topics, realities and perceptions. Here are the articles selected for this edition: David Weisman presents Industrial Policy posted at The Art... Read Full Story