G2 Solutions @ July 12, 2009 # No Comment Yet
The latest IMF update is not reassuring and leaves most of the world’s economies exposed:
The global economy is beginning to pull out of a recession unprecedented in the post-World War II
era, but stabilization is uneven and the recovery is expected to be sluggish. Economic growth during
2009-10 is now projected to be about ½ percentage points [...]
G2 Solutions @ December 2, 2008 # No Comment Yet
Courtesy of the CATO Institute
What Really Happened?
Our ongoing financial turmoil began in the mortgage market. Real-estate loans at commercial banks grew at a remarkable 12.26 percent compound annual rate over the four-year period from the midpoint of 2003 to the midpoint of 2007.[1] The expanded volume of mortgages–notably including an unusually large share of mortgages [...]
G2 Solutions @ November 12, 2008 # No Comment Yet
TPG’S Bonderman Predicts `L-Shape’ Global Recession
We do not think we are there yet, but this L-shaped mention, and all its worrisome consequences, are very real.
G2 Solutions @ October 3, 2008 # No Comment Yet
An already troubled commercial aerospace sector is likely to suffer even more following the passage of HR1424 whose effects are likely to prolong the now certain US and Global recessions.
There will be no to limited detoxification of bad assets in this bill, and it represents a failure to let the financial market begin its recapitalization. [...]
