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Roubini is famous for having predicted the financial crisis some time before it happened. This article maintains that joblessness will get even worse and the recovery will be weak. Many jobs will be outsourced as well. His prescription for...
Tags: Nouriel Roubini, Economic stimulus program, US unemployment, US financial crisis, US economy, Discouraged worker, Labor economics, Unemployment, Employment, job losses
This is a very interesting video interview from BNN with Niall Ferguson an economic historian at Harvard who argues that in many ways the financial system is even worse than before the crisis. For instance now financial institutions are even...
Tags: Niall Ferguson, US financial system, US financial crisis
Philippine equities expected to bottom out by the second half of this year and bond prices headed for a rally, the country’s most active debt underwriter yesterday claimed...Ty-led Metropolitan Bank and Trust Co. (Metrobank), said investors should consider...
Tags: us financial crisis, financial crisis, recession, Philippines
According to the NYT, when the Bush administration brought out its $700 billion bailout two weeks ago, its sheer size was meant to restore confidence nationally and globally. But only three days after the plan became law, “it looks like a pebble...
Tags: US Financial Crisis, Bailout, Global Financial Crisis, Recession