Economic Citations

FT.com / World - Economists warn on LatAm credit squeeze

Citation added: December 4th, 2008, 3:10 pm
The risk that Latin American and other emerging market borrowers may be “crowded out” from credit markets by a US fiscal deficit that could exceed $1,000bn next year has not been much emphasised in the scramble to save the US economy. But the economists said “powerful and innovative” new mechanisms were required to deal with the threat in order to direct money back into the region.
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latinamerica | economics | growth | finance | risk

Stumbling and Mumbling: Nationalizing banks

Citation added: December 4th, 2008, 3:07 pm
The simple case for nationalizing banks is that they would be able to raise cash much more cheaply and easily than they can now; before today’s Bank Rate cut, 3 month Libor was 3.8% whilst the 3 month T-bill rate was just 1.7%. This would almost automatically allow them to increase cheap lending. And a lot of conventional arguments against nationalization are just plain wrong.
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Todd Sullivan's - ValuePlays: Thinking About Buying Oil Again

Citation added: December 4th, 2008, 9:03 am
When? Hell if I know. My guess is no longer than spring before it starts if we have a cold winter. The time to buy would be now before the winter hits. I used (USO) before for the trade but I think this time I am going with OIL (OIL) as the correlation to price seems more true. I would also consider the (DXO), it is a double long index. Currently at $3 and change, the down side is limited and upside is substantial.
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oil | investment | etf | economics | finance

Economist's View: Do You Believe?

Citation added: December 2nd, 2008, 3:49 pm
The same rational, non-credit constrained individual that will save a tax rebate in anticipation of higher taxes in the future is the same rational, non-credit constrained individual that will save something extra in the good times so he can maintain his consumption level unchanged during recessions - as much a certainty in life as death and taxes. If you believe that fiscal stimuli are pointless, then you don't believe in recessions as we know them.
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Interfluidity :: Expenditure vs investment — thinking clearly

Citation added: December 2nd, 2008, 3:48 pm
The scale of the largely unlegislated current government program to save the financial system is breathtaking and quite unprecedented. Taxpayers might be made whole, in financial terms, or might reap sufficient dividends in terms of suffering avoided to justify the program. But don't let anyone convince you that the scale of this intervention is "overstated" because it is all "investment". NASA and the Marshall Plan were investments too, and pretty good ones.
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investment | bailout | government | economics | education

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Economic Citations

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