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Category Archives: Economics
Wolfensohn and Roubini at Zeitgeist 2010
I’ve been watching a video of a couple of interesting presentations by Jim Wolfensohn and Nouriel Roubini at the US Zeitgeist Conference. Here are some of the key points they made – Wolfensohn His main point was that global economic … Continue reading
Posted in Economics
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Causes of the Financial Crisis
In his Friday press conference, President Obama made some comments about the causes of the recession, both in his opening remarks and in response to the first question from the press. You can see it here – Starting at … Continue reading
Posted in Economics
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Gareth Morgan on NZ Property
Interesting article today in the NZ Herald by Gareth Morgan, particularly in light of my observations yesterday about NZ property prices… He expresses the view that the recent collapse of South Canterbury Finance is a reflection in part of the … Continue reading
Posted in Economics, New Zealand, Property
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Interesting Property Statistics
Some interesting statistics on US residential mortgages in the Wall St Journal… 23% of all mortgages in the US are underwater – the owners owe more than the homes are worth. The worst state is Nevada where 68.1% are underwater … Continue reading
Posted in Economics, Property
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He Was Right – They Were Wrong
I’ve just finished reading Peter Schiff’s book How an Economy Grows and Why it Crashes. He presents a pretty interesting account of the history of the US (more broadly, western) economy in the form of kind of a parable. By … Continue reading
Posted in Economics
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