Category: Economy
-
Japan's lost decade
Japan’s economy, stagnant for 16 years, is facing challenges quite different than those from US and Europe. There is no housing bubble or credit crunch in Japan. After a decade of stagnant and deflation ridden 90’s, Japan’s economy started improving in early 2003. But this time the industry has wrongly bet that the Yen will…
-
Swiss dilemma over currency
Switzerland’s Dilemma is perhaps unique in these markets. Traders in other markets are taking shelter in the safety of Swiss francs. Swiss currency appreciated rapidly in this year creating undesirable effects for the Swiss economy. Now the country wants to devalue its currency. In a unique case they have very limited options. Swiss economy is…
-
Recession in pictures
The recession is here. Although we read and hear the news about recession every day it is painful to see it in pictures and what people are going through. What struck me is the pictures are drawn from all across the world in US, UK, Kazakistan, Ukraine, China, Lebanon etc. So if any one says…
-
Fed is printing money
Fed in Bond-Buying Binge to Spur Growth The printing press is on. Fed is printing money to buy $300bn treasuries from banks to increase the money supply in private credit markets. With the Fed funds rate down to 0.25% there are hardly any choices left for the Fed to give a jolt to the economy.…
-
The best plan out of recession: Immigration
The best way to come out of recession, Thomas L Friedman author of World is Flat and celebrated NY columnist says, is leave it to a brainy Indian to come up with the cheapest and surest way to stimulate US economy: immigration. He points out that in this recessionary time US is trying to forget…