Search ResultsShowing 51 - 60 of 71 results for "Great Depression"
No protection in protectionism
BENJAMIN ONG  |  FRIDAY, 19 JUN 2009
... an emerging trend that could short-circuit the impending recovery. And its name is protectionism. During the Great Depression, the US Congress passed the Smoot-Hawley Tariff Act, raising tariffs on American imports. Didn't work. Never would. Why? Because ...
Spin-a-win
BENJAMIN ONG  |  FRIDAY, 12 JUN 2009
... popular clamour, fiscal and monetary authorities are very much aware of the policy mistakes that extended the Great Depression of the 1930s. The bulls will be spinning a win - at least for now.
GS trounces GM
BENJAMIN ONG  |  TUESDAY, 2 JUN 2009
... Lehman, Fannie and Freddie, Northern Rock, RBS, Iceland, et al during the darkest economic moment since the Great Depression. The financial system is certainly better positioned now to withstand GM. Don't stop me now. News out last night added to optimism. ...
Undue credit
BENJAMIN ONG  |  MONDAY, 25 MAY 2009
... omniscient credit-ratings contributed to the worst credit, liquidity, financial and economic mess since the Great Depression. Before the GFC, they were too slow - perhaps even unwilling - to downgrade structured assets, banks and financial institutions. ...
No two ways about it
BENJAMIN ONG  |  FRIDAY, 22 MAY 2009
... it at 40 per cent of gross national product - were among the policy mistakes that prolonged and deepened the Great Depression of the 1930s. Better the threat of having one or two As taken away from AAA than falling back into a downward economic spiral. ...
Beware the Budgets
BENJAMIN ONG  |  MONDAY, 11 MAY 2009
... guide us with this. No one could deny that the worst economic contraction in the US economy happened during the Great Depression. At the same time, there is little debate that what we are experiencing now is a deep recession - far from the scale of the ...
Budget me a recovery
BENJAMIN ONG  |  MONDAY, 4 MAY 2009
... sidelines are frozen into action by prophets of doom who draws parallels of the current crisis with that of the Great Depression. These 'prophets' warn that because the current crisis shares similar causes and symptoms with that of the 1930s, the stock ...
The good in the bad news
BENJAMIN ONG  |  THURSDAY, 30 APR 2009
... market's nerves. But we'll be right so long as the market realises that recessions have a used by date. Even the Great Depression did not last forever.
Regulate...then regulate some more
BENJAMIN ONG  |  FRIDAY, 27 MAR 2009
... reform. Not modest repairs at the margin, but new rules of the game.' What does history tell us? During the Great Depression of the 1930s, new laws were also introduced so that the Americans won't relive the pain and desperation ever again. The Smoot-Hawley ...
Developing Asia worst hit
RUTH LIEW  |  WEDNESDAY, 11 MAR 2009
... trillion, or 57 per cent of GDP. "This is by far the most serious crisis to hit the world economy since the Great Depression. While this crisis originated in the US and some European countries, by now no region or country is insulated. I am afraid things ...
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