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Showing 41 - 50 of 88 results for "Great Depression"

Fixville here we come

BENJAMIN ONG  |  FRIDAY, 28 OCT 2011
... ride will remain jumpy-bumpy as we head to fixville, but it'll get there... eventually. Look back to, say, the Great Depression of the 1930s, or the Latin American crisis of the early 1980s, the Asian financial crisis of the late 1990s, or even the recent ...

They will deal

BENJAMIN ONG  |  THURSDAY, 21 JUL 2011
... when the last one happened. According to the New York Times, the US defaulted back in 1933 "in the midst of the Great Depression." Its very first default was recorded in 1790. In 1841-42 nine of the states of the United States of America defaulted and ...

A-dollar one-point-seven-o

BENJAMIN ONG  |  TUESDAY, 10 MAY 2011
... forever. When most expect they do, then it's the time to sell (or buy). And this goes all the way back to the Great Depression when well-known US economist and Yale University economics professor Irving Fisher declared that, "Stock prices have reached ...

Record NSW election loss could slow federal reforms

ALEX DUNNIN  |  MONDAY, 28 MAR 2011
... surpassing it is the 22 swing against the Scullin federal Labor government in 1931 following the onset of the Great Depression. By way of comparison, the swing against the Whitlam government in 1975 was a mediocre 6 per cent. While federal Labor strategists ...

QE2 or bust

BENJAMIN ONG  |  TUESDAY, 19 OCT 2010
... low debt/deficit country Australia. Funny because what's happening now has all happened before... during the Great Depression. Politics got in the way. Citizens demanded jobs - they got currency wars and protectionist policies. Taxpayers wailed over ...

No housing bubble: Fidelity

JOHN MCDULING  |  THURSDAY, 14 OCT 2010
... flows and balance sheets. Taylor pointed out that in previous major market downturns, such as 1987, 1973 and the great depression, losses had typically been recovered over a three to six year period. "The recovery is never a straight line, but as the ...

Good for nothing war

BENJAMIN ONG  |  THURSDAY, 7 OCT 2010
... Tried before... and failed. Competitive devaluation is the same policy adopted by major economies during the Great Depression as they try to protect their home industries. This is the same policy that caused a near collapse in international trade. This ...

Spoiling for war

BENJAMIN ONG  |  FRIDAY, 1 OCT 2010
... from any damage to the interests of both peoples and people around the world." This eerily takes me back to the Great Depression. On 17 June 1930, America enacted the Smoot-Hawley Tariff Act because, as in today, it wants to bolster its economy by increasing ...

Competing to devalue

BENJAMIN ONG  |  THURSDAY, 23 SEP 2010
... trading partners, sank to the lowest level since March." Competitive devaluation has commenced. And like during the Great Depression, nobody will win.

Recession over, now for the recession

BENJAMIN ONG  |  TUESDAY, 21 SEP 2010
... been waiting for. For if the US economy was able to recover from the worst and the longest recession since the Great Depression of the 1930s, how much of a problem could slow growth be?