Word: economisters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...goal of zero inflation. Today those jeers have melted to mild sarcasm. ALL HAIL SAINT ALAN, read buttons distributed by Bert Ely, an economic consultant who contends Greenspan is getting undeserved credit for the happy state of the U.S. economy. But to admirers, Greenspan is a monetary wizard. Says economist Allen Sinai: "The Greenspan Fed is the all-time champion in American history...
...Fundamentally, the economy is in remarkable shape," says Martin Zimmerman, director of corporate economics for Ford Motor Co. Allen Sinai, chief global economist of Primark Decision Economics, goes further: "It's terrific. Having a combination of good times on Main Street and Wall Street for so long is rare. This may be the only time in history...
Even so, board members agree that forecasts of U.S. output next year need to be lowered half a percentage point or so. Post-Asia, Carl Weinberg, chief international economist of High Frequency Economics, a market and economic analytical firm, foresees a 2.5% rise in gross domestic product, down from 3.6% this year but near the pace many economists think can be sustained year after year. He expects inflation to creep up--but from only...
...could get pushed into depression by the financial crises in Southeast Asia, which gets nearly 40% of all Japanese exports. More alarming, roughly one-third of all loans in Southeast Asia--many now in default--came from fragile Japanese financial institutions. Says University of Chicago political economist Marvin Zonis: "To raise needed liquidity, they might sell their holdings of Treasury securities." Since Japan owns more U.S. Treasury debt than any other nation (more than $300 billion), a sell-off would cause U.S. interest rates to climb, which would bludgeon stock prices and endanger America's economic expansion. The yen could...
...have bought German Bonds or stocks there would be value in the fund, but we bought U.S. government bonds so we could add it to your credit card. Like the man who knew seven languages but had nothing to say in any of them, it is all show. The Economist magazine equated this action to leaving your generation a whole bunch of I.O.U.'s to pay off. So there you have it: cheating, lying and fraud...