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Entries from January 2009
LNG plans on PNG
January 29th, 2009 · 5 Comments
Tags: IOC · Natural Gas
Blame the banks?
January 29th, 2009 · 1 Comment
Mortgage rates on variable mortgages could be a lot lower. Is that the fault of the banks? Not really.
Tags: Credit Crisis
Some conservatives are getting it
January 29th, 2009 · No Comments
We wrote yesterday that the Republican resistance against the stimulus plan was a mistake, at least when it is based on the wish to include more tax cuts. If you didn’t believe us, or even Paul Krugman, here is a conservative economist arguing the same..
Tags: Credit Crisis
Republican mistake
January 29th, 2009 · No Comments
We try to remain impartial, but sometimes the economics is so clear on an issue that, for the sake of truth, one cannot remain on the sidelines of a political debate.
Tags: Credit Crisis
Kick out the lot of them
January 28th, 2009 · 3 Comments
Vengeance is not a good reason to nationalize the banks, but boy, it is tempting… These self acclaimed masters of the universe, will they ever learn..
Tags: Credit Crisis
Are we close to the bottom?
January 27th, 2009 · 3 Comments
Impossible to say. There are self-reinforcing mechanisms at work that, unimposed, will take us deeper into a recession. However, there are also reasons to think the economy will stabilize in the near future..
Tags: Credit Crisis · The Markets
Nationalize the banks III
January 27th, 2009 · No Comments
And yet another reason to nationalize the banks. Too bad we can’t just abolish them. They’ve done just about everything wrong, their top management has enriched itself beyond imagination, and they continue to obstruct..
Tags: Credit Crisis
Here’s one way to invest: fast trains
January 25th, 2009 · No Comments
The search is on for big public projects that combine immediate macro-economic benefits (jobs, boosting spending) with long-term public returns. Fast rail links offer one benefit.
Tags: Credit Crisis
The Swedish example
January 24th, 2009 · No Comments
We argued for the nationalization of banks. Here is a real life example that shows the advantages over the present muddle..
Tags: Credit Crisis
Nationalize the banks II
January 24th, 2009 · 2 Comments
We wrote last week that it would probably be best to nationalize the banks. We have some additional arguments..
Tags: Credit Crisis