EconWatch.com > Bush: Economy 'can rebound quickly': The Swamp
[The Swamp] "Here in the United States, we have taken unprecedented steps to boost liquidity, recapitalize financial institutions, guarantee most new debt issued by insured banks, and prevent the disorderly collapse of large, interconnected enterprises. In Europe, governments are also purchasing equity in banks and providing government guarantees for loans.
[Previous] Greg Mankiw's Blog: President Bush on the Economy...
[Next] Safe Haven | The Humpty Dumpty Economy...
Some related posts from Technorati and Google.
[RealClearPolitics - Articles] RealClearPolitics - Articles - President Bush's Remarks on the ...: Here in the United States, we have taken unprecedented steps to boost liquidity, recapitalize financial institutions, guarantee most new debt issued by insured banks, and prevent the disorderly collapse of large, interconnected enterprises. In Europe, governments are also purchasing equity in banks and providing government guarantees for loans.
[Welcome to Roxania] PREÅEDINTELE BUSH APÄRÄ AMERICA ÅI CAPITALISMUL « Welcome to Roxania: Here in the United States, we have taken unprecedented steps to boost liquidity, recapitalize financial institutions, guarantee most new debt issued by insured banks, and prevent the disorderly collapse of large, interconnected enterprises. These were historic actions taken necessary to make —
[RealClearPolitics - Articles] RealClearPolitics - Articles - A Baffling Global Economy: But a disorderly global economy could reverse these advances. By disorderly, I mean an economy plagued by financial crises, interruptions of crucial supplies (oil, obviously), trade wars or violent business cycles.
[Central Bank speeches and articles] Jean-Claude Trichet: Interview with Nikkei Business Magazine ...: 2003, that are aimed at achieving economic growth and job creation. The European economy is currently performing well.
[US EconoMonitor] RGE - AIG Bailout: $85B in Loans, 80% AIG Taxpayer Owned: The loan is collateralized by all the assets of AIG, and of its primary non-regulated subsidiaries. These assets include the stock of substantially all of the regulated subsidiaries. The loan is expected to be repaid from the proceeds of the sale of the firms assets. The U.S. government will receive a 79.9 percent equity interest in AIG and has the right to veto the payment of dividends to common and preferred shareholders.
[EZ READING MONEY MATTERS] EZ READING MONEY MATTERS: International Traders Want Status Quo ...: Luxembourg's Jean-Claude Juncker, who heads the Eurogroup of euro-region finance ministers, said in a statement today that ``no financial institution of systemic importance'' can be allowed to fail. Juncker, who will take part in today's meeting in Paris, said that access to liquidity will be assured, efforts to unblock financial markets will be intensified and individuals' savings accounts will be protected.
[Enterprise Resilience Management Blog] Enterprise Resilience Management Blog: Globalization and Economic ...: But a disorderly global economy could reverse these advances. By disorderly I mean an economy plagued by financial crises, interruptions of crucial supplies (oil, obviously), trade wars or violent business cycles.
[SILVERAXIS - TODAY IN SILVER] SILVERAXIS - TODAY IN SILVER » Blog Archive » AIG Gets The AXE: I find it quite ironic and almost comical (it would be funnier if I were net short the commodity sector) that paper-promise ETNs were responsible for funneling a substantial portion of hard-asset seeking investment funds into the commodity sector, and yet it is a drop in confidence in the paper, not necessarily commodities, that is now causing those funds to flee. Perhaps those running for the exists should join up with the fools from the LAST conTANGO IN WASHINGTON dance recital and head directly for a cliff.
[Nouriel Roubini's Global EconoMonitor] RGE - Will the Bretton Woods 2 (BW2) Regime Collapse Like the ...: Ninth, the currency and economic policies of China and East Asia have contributed - among many other factors - to unsustainable global current account imbalances whose rebalancing now risks becoming disorderly rather than orderly.
[PD Opinion - cleveland.com] Globalization, for good or ill - PD Opinion - Editorial views and ...: By disorderly, I mean an economy plagued by financial crises, interruptions of crucial supplies (oil, obviously), trade wars or violent business cycles. This is globalization's Achilles' heel.
Reflected tags on Technorati: Blog, Economy, EconWatch.com