The Great Debate

The Knightian dog ate my recovery

By J Saft
August 31, 2010

Remember when business and economic leaders droned on about “100-year storms,” 2008′s get-out-of-jail free card for people who missed the housing bubble?

A painful holiday’s end for Europe

August 24, 2010

Europe’s long summer holiday still has a week to run but this year’s reentry will bring with it evidence that very little progress has been made on the issues that threaten to rend the currency union and upend the global economy.

Markets trapped between euphoria and despair

July 6, 2010

“Don’t panic!” was good advice provided by Lance-Corporal Jones to his commanding officer in the 1970s BBC comedy series “Dad’s Army”. Perhaps it should now be directed to central banks and increasingly jittery investors.

America just declared the recovery over so you’d better get ready for the double dip

By John Carney
February 23, 2010

This article originally appeared in the Business Insider.

By John Carney

Today’s bleak consumer confidence number is undoubtedly bad news for the economy. The bigger than expected drop suggests that consumers have lost confidence in the recovery, which will drive down home prices and consumer spending.

Can recovery and credit crunch coexist?

By J Saft
November 12, 2009

jamessaft1.jpg(James Saft is a Reuters columnist. The opinions expressed are his own)

New studies from the Federal Reserve and European Central Bank show that, whatever else, a recovery in the economy is not being supported by a resumption in bank lending, raising concerns about how exactly growth will become self-sustaining when official stimulus ebbs.

from The Great Debate UK:

The economy: reasons to be miserable

June 2, 2009

Laurence Copeland- Laurence Copeland is a professor of finance at Cardiff University Business School. The opinions expressed are his own. -