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Search ResultsShowing 61 - 70 of 85 results for "Great Depression"
The return of the cocooning consumer
MICHELLE BALTAZAR  |  FRIDAY, 21 AUG 2009
... has changed dramatically since June last year, and it's uncannily similar to the way people saved after the Great Depression, research shows. Research conducted by Retail Finance Intelligence (Rfi) found the return of the 'cocooning' consumer: people ...
Higher...higher and higher
BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2009
... last month of a developing bubble in the housing market. A bubble in a time of a "Great Recession" since the "Great Depression?" Australia's monetary and fiscal stimuli are working. While nominal retail sales fell by 1.4 per cent in June after rising ...
Refreshing pause
BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2009
... the long run, governments and central banks are forced into a policy mistake. And there are now shades of the Great Depression mistakes emerging such as protectionism and calls to cap/reverse growing national budget deficits. There will be no future ...
Future lies in present
BENJAMIN ONG  |  MONDAY, 22 JUN 2009
... the stars or asking that hell freeze over. For if these could be achieved, it would have happened after the Great Depression of the 1930s. It would have happened after each and every recession the world has experienced. But no, after every suffering ...
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 ...
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