Tag Archives: fiscal cliff

The U.S. Business Cycle in the Context of the Yo-Yo Years

by Lakshman Achuthan, Co-Founder and Chief Operations Officer, ECRI Economic cycles are an inherent part of how every market-oriented economy in the world operates, and what happens around cycle turning points has always been ECRI’s primary focus. From this perspective, … Continue reading

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Debt Ceilings, Bombs, Cliffs and the Trillion Dollar Coin

by Jeffrey Frankel, Jeff Frankel’s Weblog Needless to say, the US has a long-term debt problem.  The problem is long-term both in the sense that it pertains to the next several decades rather than to this year.  (Indeed, the deficit/GDP … Continue reading

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Eurozone Crisis: It Ain’t Over Yet

by Paolo Manasse, Voxeu.org All G7 economies are struggling in the post-crisis climate, but US GDP has recovered to pre-crisis levels, while the Eurozone simply hasn’t. This column portrays the global crisis as a transitory shock for the US, but … Continue reading

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Stephanie Kelton Lecture on Sectoral Balances and the Fiscal Cliff

The following lecture was given by Stephanie Kelton, Associate Professor of Economics at the University of Missouri Kansas City to the New America Foundation / Economic Growth Program / Economists for Peace and Security in Washington, DC, 13 November 2012.  … Continue reading

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The Hollowing Out of America

by Steve Fraser, History News Network “Debtpocalypse” looms. Depending on who wins out in Washington, we’re told, we will either free-fall over the fiscal cliff or take a terrifying slide to the pit at the bottom. Grim as these scenarios … Continue reading

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Visualizing the Fiscal Cliff As a Life Extinction Event

Written by Steven Hansen [This post is loaded with sarcasm] A meteor coming towards the US East Coast is unlikely to stir up more headlines than the Fiscal Cliff – expiring tax cuts and forced spending cuts “destroying” America if … Continue reading

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Analyzing a Week That Was No Fourth of July Celebration

Written by Stephen Swanson The outlook for the global economy and the US, in particular, darkened considerably this past week and occasioned many to write-down their estimates for US and global economic growth while global central bankers loosened monetary policy … Continue reading

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