Don’t Cry For Us, Argentina
Posted in Not So Fast! on 21 October 2009
Stats: 425 views and 3 Comments Economic news continues to be bad, and despite the government’s promises that the recession’s end is near, I don’t see it. Economic fundamentals are more skewed now than they were two years ago, which means a recovery is not near. We hear today that the Canadian dollar is almost at parity ...
Posted in Not So Fast! on 21 October 2009
Stats: 425 views and 3 Comments Economic news continues to be bad, and despite the government’s promises that the recession’s end is near, I don’t see it. Economic fundamentals are more skewed now than they were two years ago, which means a recovery is not near. We hear today that the Canadian dollar is almost at parity ...
Is a Weak Dollar a Strong Sign? Not So Fast!
Posted in Not So Fast! on 14 October 2009
Stats: 151 views and 6 Comments Readers of George Orwell’s 1984 might recall Big Brother’s claims that “war is peace” or “freedom is slavery.” Orwell was writing a novel, but some of the commentary these days makes me think that elite economists have taken residence in Oceania’s “Ministry of Truth.” Today, the champion—the uncontested champion of Orwell’s ...
Posted in Not So Fast! on 14 October 2009
Stats: 151 views and 6 Comments Readers of George Orwell’s 1984 might recall Big Brother’s claims that “war is peace” or “freedom is slavery.” Orwell was writing a novel, but some of the commentary these days makes me think that elite economists have taken residence in Oceania’s “Ministry of Truth.” Today, the champion—the uncontested champion of Orwell’s ...
