Category Archives: Economy

Posts in category: "Economy":

Economic Roundup, Friday 15th May 2009

15May09 – 13:49

Economic commentators this week have been attempting to outdo each other with recession shapes this week. Beyond L shaped, V shaped and W shaped we have Stephanie Flanders suggesting square root shaped, Moodys suggesting hook shaped and Deutsche Bank suggesting diminishing sine wave shaped recovery.
There's a fair amount of talk about green shoots, the Bank [...]

By Andreas Paterson | Tagged , , , , | Comments (0)

Economic Roundup, Friday 8th May 2009

08May09 – 17:41

With apologies for the delay ladies and gents...

Information about the US banking stress tests is slowly being released, it's been suggested that an individual is selectively leaking certain details. The results are apparently better than expected, Bank of America needs another $34 billion, Citgroup needs another $50 billion, a few other banks also need smaller top ups.
A [...]

By Andreas Paterson | Tagged , , , , , , , , | Comments (0)

Fiscal Positioning

06May09 – 17:54

Don Paskini wrote this post, over on Liberal Conspiracy suggesting that the Tories economic record for all their endless boasting, actually the Conservatives economic record was pretty appalling. Naturally, I suspect this is a sentiment that many of my comrades would agree with. In the midst of the comments, one of the standard Tory arguments [...]

By Andreas Paterson | Tagged , , , | Comments (1)

Economic Roundup, Friday 1st May 2009

01May09 – 13:45

This week we learn that relatives of US Vice President Joe Biden (but not Joe himself) have become embroiled in a news story regarding some iffy hedge funds, details here, here, here, here and here. (hat tip: Zero Hedge)
The US has been subjecting it's banks to stress tests, it appears that a number have been [...]

By Andreas Paterson | Tagged , , , , , | Comments (0)

Economic Roundup, Friday 24th April 2009

24Apr09 – 13:32

Your correspondent is rather glad that this weeks budget and it's accompanying stories have displaced lobby hack confessionals detailing such things as "the dark poisonous heart that beats and the centre of NO. 10" and "..the cold, dead eyes of Damian McBride..". Admittedly, one wonders if headlines such as THEY'VE RUINED BRITAIN!! are really that [...]

By Andreas Paterson | Tagged , , , , , , , , , | Comments (0)

Financial crisis: Perspective.

24Apr09 – 12:34

Brian Barder offers a response to the main claims about UK government finances.

By Paul Evans | Also posted in Fact-checking | Tagged , , , | Comments (0)

Thoughts on the Budget

23Apr09 – 23:00

Looking beyond my instant reaction to the Tories instant reaction to the budget, my reaction to the budget..is..well..errmm, well it's all a bit timid isn't it. There's a few nice things, a few not so nice things, a populist left wing totem (which I admit I rather like) and that's about it.
A few observations:

I think [...]

By Andreas Paterson | Tagged , , , , | Comments (1)

High Tax and Entepreneurship

22Apr09 – 16:29

Lots of Tories are talking about the new 50% tax rate and how it's going to be a restriction on entepreneurship. I happen to believe that this viewpoint is a pile of steaming horse dung, some might say that this is because I'm an socialist dinosaur who doesn't understand "aspiration" and "wealth creation".
So, instead, I'll [...]

By Andreas Paterson | Tagged , | Comments (4)