Browsing All posts tagged under »government debt«

What happens when politicians, conservatives and liberals get together to make economic policy? a recipe for economic catastrophe!

September 1, 2010 by

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Written by Orphe P. Divounguy In May 2010, something really odd happened: our “great” allies from the other side of the pond decided on a coalition government between a Conservative party, usually the party associated with lower spending/taxes, and the Liberal-Democrats that promised anything but fiscal adjustments.  The Conservatives promised to cut government spending, and […]

Job Growth in May: economic recovery or another bubble driven by Government spending?

June 4, 2010 by

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The May jobs report tells us that government created 10 times more jobs than the private sector, the engine of growth for our economy. Most of this government job creation is financed by government spending! With unprecedented deficits and government debt all around the world, the so called economic recovery seems to be entirely financed […]

Debt epidemic: European debt crisis? Think again, the US at risk of a similar disastrous outcome!

May 18, 2010 by

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The only thing that comes to mind is “I told you so!” but then again I haven’t been the only one so concerned with the fate of the US economy!

Can we require more efficiency from our elected Government? The net effects of government spending on economic growth

May 11, 2010 by

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Government size and the Implications for Economic Growth A summary of new research by Andreas Berg and Magnus Henrekson Do countries with big government grow faster or slower? yes or no? if yes, can the relationship be interpreted as causal? This new empirical analysis is derived from the theoretical models used in Dr Henrekson’s previous research, […]

Bailouts in a free market economy only postpone Doom’s day!

April 30, 2010 by

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The worst thing that could happen for Greece is a bailout without radical fiscal adjustments. Bailouts also set bad precedents. Unless we rein in on government spending and find ways to slash government debt, financial doom is slowly approaching!

Greek default: the winners and losers…

April 30, 2010 by

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Jacob Kirkegaard, a research fellow at the Peterson Institute for International Economics in Washington, talks with Bloomberg’s Pimm Fox about the prospects of a Greek debt default.

The Calm before the Storm: The Greek Fiscal Crisis, not just a European Problem but a Global Problem?

April 29, 2010 by

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Written By Orphe Pierre Divounguy With US Banks’ stocks performing particularly well today, do we have nothing to fear from the Europeans’ hysteria over the Greek fiscal crisis? So much has been said about the Greece economy directly affecting its neighbors and even hurting the Euro. Although it is a very valid argument, and a major […]