Category: Recession
18 May, 2012 (10:17) | Capital markets, Currency markets, Euro, Europe, Global news, Greece, Recession, Sovereign bankruptcy, Speculation |
[Continued from yesterday's Part 2 and the preceding Part 1.] By:David A. Smith Yesterday’s post of the Financial Times‘s scenario of a Greek exit had reached the point of concluding that not only is Greece doomed to exit the Euro, there’s a better than even chance Greek will wind up with a military [...]
17 May, 2012 (11:54) | Capital markets, Currency markets, Euro, Europe, Global news, Greece, Recession, Sovereign bankruptcy, Speculation | 1 comment
[Continued from yesterday's Part 1.] By:David A. Smith Yesterday’s post using the Financial Times as a reference point had reached the conclusion that, bluster from Alexi Tsipras notwithstanding, the Eurozone’s financial leadership will not write another enormous open-ended check: “The future of Greece in the eurozone lies in the hands of Greece,” [...]
16 May, 2012 (10:56) | Capital markets, Currency markets, Euro, Europe, Global news, Greece, Recession, Sovereign bankruptcy, Speculation |
By:David A. Smith Nobody can see the cracks, can they? After having wasted a perfectly good betrayal, after having winkled the Eurozone’s triumvirate out of several hundred million Euros of new financing, and after having shifted the Greek default risk from private banks (who have already learned that some animals are more equal [...]
10 January, 2012 (10:37) | China, Construction, Economics, Global news, Housing, Pruitt-Igoe, Public housing, Recession, Urbanization |
[Continued from yesterday's Part 1.] By:David A. Smith Judging from a recent Wall Street Journal (December 31, 2011) article, China’s political leadership has turned to affordable housing production as the cure for what may ail its stalling economy: Two women examining unfinished high-rises, Chongqing The slowdown in China’s growth is becoming [...]
9 January, 2012 (10:48) | China, Construction, Economics, Global news, Housing, Pruitt-Igoe, Public housing, Recession, Urbanization |
By:David A. Smith Affordable housing is hard enough to create when the goal is solely that of economically and socially healthy communities – but when production is undertaken to create construction and keep a supply-driven economy humming, the odds of delivering successful communities drop even further. Unfortunately, if one believes the evidence gathered in [...]