Maxioms by James Annable
There are enormously long lags from a change in exchange rates to impact on production and employment. ...The dollar has read more
There are enormously long lags from a change in exchange rates to impact on production and employment. ...The dollar has already weakened and frankly this kind of move isn't going to matter very much.
They simply don't want a recession. It's an insurance policy.
They simply don't want a recession. It's an insurance policy.
The great problem with doing that in real time is people live in real time and almost everybody's default forecasting read more
The great problem with doing that in real time is people live in real time and almost everybody's default forecasting method is to extrapolate the recent past.
They will be cutting (rates) until they get some signs of rebound,
They will be cutting (rates) until they get some signs of rebound,
He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,
He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,
