Jesse's Café Américain

"When you speak these things, they will not listen. When you call to them, they will not answer. 'This is the nation that would not listen to the Lord their God. Truth has perished among them. Raise up a dirge on the barren heights, for the Lord has rejected and abandoned them under His wrath. For the Judeans have done what is contemptible in My sight.' This is the Lord’s declaration. 'They have set up detestable things in the house that is called by My name — and defiled it.'" Jeremiah 7:27-30

Showing posts with label deleveraging. Show all posts
Showing posts with label deleveraging. Show all posts
21 April 2009

Collapsing US Aggregate Demand Strikes Imports Hardest

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Falling aggregate Demand and the weaker dollar have finally broken the back of the parabolic growth of imports and the US trade deficit. As ...
09 March 2009

Finacial Crisis Racks Up $50 Trillion in Worldwide Losses in 2008

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This is the price we pay for chronic malinvestment, unsustainable imbalances, a bubble in the world's reserve currency, and a blind eye ...
09 February 2009

The Incontrovertible Truth About Debt, Deleveraging, Devaluation and Recovery

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It is incomprehensible that any informed economist does not understand this difference between deflationary deleveraging and a cyclical rece...
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