james davidson on May 01 2009 | Filed under: Economics
Leverage Cycle Tourism: My Trip to the Other Side The IMF is famous for holding back emerging economies by enforcing anti-growth policies. But not everything the IMF does or says is wrong.
james davidson on Apr 04 2009 | Filed under: Economics, Reports
Time Magazine, Are You Insane? Time magazine has declared the “great banking crisis of 2008 is over.” There are a number of critical reasons to be sceptical of Time’s logic in doing so, however.
james davidson on Apr 03 2009 | Filed under: Economics, Reports
The Obama Depression: Pandering and Cronyism Destroy Prosperity Last Thursday was a truly amazing day. The Financial Accounting Standards Board (FASB) approved a partial set aside of mark-to-market accounting rules that force banks to value their assets at market prices.
james davidson on Mar 25 2009 | Filed under: Economics, Reports
How U.S. Government Spending Can Make You Rich I want you to ask yourself two questions: How did we get into this economic crisis? Is what Washington is doing going to get us out of this mess?
james davidson on Feb 26 2009 | Filed under: Economics
The ”Lost Decade” Nobody’s Talking About My colleague Charles Delvalle sent me a chart yesterday. It shows that the U.S. has just experienced a “Lost Decade” of its own.
james davidson on Feb 23 2009 | Filed under: Economics, Reports
Want to Get a Bank Loan? You Better Learn to Speak Canadian Canada has shown itself to be a pretty good manager of the financial system in ways we haven’t always been in the U.S. – President Obama, February 19
james davidson on Feb 20 2009 | Filed under: Economics
Emerging Europe: The Next Subprime? Western European banks’ massive holdings of potentially junk emerging (mainly eastern) European debt threaten to sink Europe’s big banks and trigger another, even more dangerous, wave of the credit crisis.
james davidson on Jan 29 2009 | Filed under: Economics
There’s an even bigger property bust on the horizon. And it could be even worse for stocks… worse for banks… and worse for the U.S. economy than the residential mortgage-market collapse that triggered the current financial crisis. We’re talking about a complete crash in commercial property.
james davidson on Jan 29 2009 | Filed under: Economics
It’s the secret shame of millions of Americans. It’s also a massive looming market threat that’s at least as big as the recent gut-wrenching housing bust… and many times bigger than the write downs we’ve seen at banks. What’s the next deadly shock wave to hit our economy?
james davidson on Jan 22 2009 | Filed under: Economics
The More Things Change… ‘Tis time, there must be a line of separation between honest Men & knaves, between respectable Stockholders and dealers in the funds, and mere unprincipled Gamblers. Alexander Hamilton, March 2, 1792 If you still have cash in your wallet, you will recognize Hamilton from his picture on the ten-dollar bill. As [...]