Reading List: Has the Great Recession made us forever poorer?
- 20 March 2012
The disconnect between jobs and GDP data in the US might mean the country will never fully recover from the financial crisis in 2008. If policymakers don't do anything about long-term unemployment, it might cost America its long-term prosperity. The Atlantic
In response to the cover of last week's edition of The Economist, Barry Ritholtz remarks: "The timing of this could very well mark a top in economic activity, but by the rules of magazine indicators, I am going to suggest this one fails to qualify." The Big Picture
Minxin Pei says the World Bank's much-applauded report on the future of the Chinese economy shied away from the most critical question: "Will the Chinese government actually heed its advice and swallow the bitter medicine, given the country's one-party political system?" Project Syndicate
Contrary to popular belief, Miranda Xafa argues that an exit from the Eurozone and a return to the drachma would be "all pain, no gain." Vox EU
Jason Rave believes arguments that say quantitative easing is the cause of the recent oil spike, lacks any "resemblance of rational economic analysis." Macro Matters
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- If UK house prices are peaking then what happens next?
- After a two-year holiday it looks as though the Swiss Franc might be back
- Could markets be heading towards a 60% crash?
- Eurozone money numbers better, early QE unlikely
- Savers put record amount in stocks and shares ISAs
- Is this the last hurrah for poor value annuities? If it is, don't get caught out...
- Tesco in trouble after profit warning and divi cut but analysts hold on
- 200 business leaders sign letter backing an independant Scotland
- Britain must invest and export more to ensure 2014's "stellar" growth is not a flash in the pan
- Housing costs on a “cliff edge” with three in five anxious over household bills