Maxioms by James Annable
There are enormously long lags from a change in exchange rates to impact on production and employment. ...The dollar has read more
There are enormously long lags from a change in exchange rates to impact on production and employment. ...The dollar has already weakened and frankly this kind of move isn't going to matter very much.
He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,
He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,
The great problem with doing that in real time is people live in real time and almost everybody's default forecasting read more
The great problem with doing that in real time is people live in real time and almost everybody's default forecasting method is to extrapolate the recent past.
Everything was out of balance and part of figuring out where we are now is figuring out where we were read more
Everything was out of balance and part of figuring out where we are now is figuring out where we were and how many imbalances were built into the economy.
They will be cutting (rates) until they get some signs of rebound,
They will be cutting (rates) until they get some signs of rebound,
