The Costs of the U.S. Blockade of Cuba
Trump’s policy of “maximum pressure” ushers in a “New Special Period.”
D&S BLOG
These posts are from the D&S Blog, which we mostly stopped posting to a few years ago. Visit our new blog Left Hook Economics (https://www.dollarsandsense.org/tag/left-hook-economics/).
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Merkel Rejects Bailout for Eastern Europe
From The Wall Street Journal: MARCH 1, 2009, 10:54 A.M. ET Merkel Rejects Calls for EU Bailout of
AIG Follows Citi
AIG is expected to report horrific losses on Monday. Just in from Reuters : Exclusive: AIG near deal on new terms
Bleak Picture in Asia, More Gloomy Thoughts
On Asia, from the Financial Times. . A tidbit: "The figures are further proof that Asia's economy fell
Warren Buffet Feels the Pain
More from Across the Curve. And here's what the FT has to say out it: Buffett's
Nordic Economies Tanking
Even the virtuous Nordics (including Finland)are feeling the full effect of the crisis. From LSE Macroeconomic News, courtesy of
Essential Reading from Yesterday's FT
In case you missed it, due to Friday night carousing, or whatever... --Whistleblower contacted US regulators (should they even be
Report from Eastern Econ. Assoc. Meetings
I (D&S co-editor Chris Sturr) am in New York City for the annual meetings of the Eastern
Obama's ($1.7 Trn Deficit) First Budget
From The Financial Times: Obama forecasts $1,750bn deficit By Andrew Ward and Edward Luce in Washington Published: February 26
US and UK Increase Stakes in Banks
From Reuters, again: Governments tighten grip on banksFri Feb 27, 2009 11:55am EST Reuters By Steven C. JohnsonNEW YORK
US 4Q GDP Falls 6.2%, Biggest Drop Since '82
From Reuters: U.S. fourth-quarter GDP drop biggest since 1982 Fri Feb 27, 2009 12:29pm EST Reuters By
Over 250 Banks On The Edge
The FDIC reports that 252 US banks were on its list of troubled at the end of 2008, meaning they
US Jobless Claims At Record High
The US shed 600,000 jobs in January alone. It's looking like we'll lose another 700,