Prosecuting extremist parties may only make them stronger http://t.co/aliTj8EgOU
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Roubini Topic Archive: United States
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Alpert Fox Business Video – Can Obama’s Refinance Plan Help Housing Market?
Watch the latest video at video.foxbusiness.com Fox Business — Feb. 8, 2012 – Westwood Capital Managing Partner Dan Alpert on whether the President’s FHA refinance plan can pass Congress and if it can help boost the housing sector.
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Alpert Bloomberg Video on Greek Debt Crisis, Fed, U.S. Economy
Feb. 7 (Bloomberg) — Daniel Alpert, managing partner at Westwood Capital LLC, talks about Greece’s sovereign debt crisis. Alpert also discusses Federal Reserve monetary policy and the U.S. economy. He speaks with Matt Miller on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg) Alpert on Greek Debt Crisis, Fed, U.S. Economy
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The Wait to Reflate
Paul Krugman tossed off a brief note yesterday bemoaning the Federal Reserve’s brand spanking new inflation target (actually, the Fed said it was a “goal” – which is something you want to hit but know you often can’t). He bemoaned the fact that “2% is Not Enough” in the title of his post – which initially made me [...]
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Our Friday Think Tank Discussion on Bloomberg’s “Taking Stock with Pimm Fox,” with Two Steve’s – Wood and Blitz
Click for Video:
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Talking Macro and Fed Policy with Mike McKee and Sara Eisen on Bloomberg’s “On the Economy”
Click for audio: http://media.bloomberg.com/bb/avfile/Economics/On_Economy/vxYMBmnv2kaE.mp
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On Sticky Wages and What Happens when Inflation is No Longer an Alternative
Over the past weekend, on his blog on nytimes.com Paul Krugman published a piece entitled “Lessons from Europe” in which Paul approvingly cites a (Oxford economics professor) Kevin O’Rourke article on the EU summit, in which Prof. O’Rourke lays out a very correct argument as to why internal devaluation will not work in the Eurozone [...]
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Under the Covers with Gross Domestic Product – What Might be Missing from Santa’s Sleigh
I spent most of yesterday, like many of you, enjoying the “Beautiful Day” response of the markets to the Merkozy Miracle (yes, Angela did a good job, of course it’s a default, the creditors got away with a bit more than they expected, the EFSF structure is not [yet?] viable, CDS may still trigger but [...]
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With Norm Ornstein of the AEI and Michael Franc of The Heritage Foundation Discussing ‘The Way Forward’ on Bloomberg TV
Norm Ornstein, one of the most respected members of the conservative Washington think-tank, The American Enterprise Institute, endorses ”The Way Forward” (the white paper I co-authored with Nouriel Roubini and Robert Hockett for The New America Foundation) at the end of this clip. I was pleasently surprised and very much honored – thank you Norm:
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Discussing ‘The Way Forward’ With Reuters
Click for Video Video provided by Reuters Insider (http://insider.thomsonreuters.com/)
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WARNING: Stagnant Wages can Support Only so Much Consumer Debt – we appear to have hit the ceiling again
Since my last update on U.S. Retail Sales and Consumer Credit in June, we have seen a continued slump in retail sales data (August sales growth was essentially zero) and a skyrocketing rate of consumer credit growth, which returned to levels last seen before the Great Recession. As you may recall, I have been tracking [...]
