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Showing posts from February 22, 2009

Video: Nouriel Roubini on Nationalizing Banks and Global Economies

Very good insights shown by Nouriel Roubini on why nationalizing banks is a great idea and a view of where the current state of global economies may be. From the series of few videos that were posted the last few days, may it be from Jim Rogers, Soros or Roubini, everyone seems to have one common opinion, that is growth for the next decade will not be as strong as the past few recoveries that we had experienced from the last 6 decades of recoveries. With the U.S continuing to work to repair their economy, both on budget and trade, over the next few years, the world may have to go through a paradigm shift, as the largest consumer of goods and services globally, goes through a major overhaul. The recent economic and trade figures could tell very clearly, as specified by Roubini in this. Enjoy this video..

Video: George Soros On the New Paradigm for Financial Markets

Billionaire George Soros was on the newswire lately as he made a commented that the current economic crisis may spark the end of a free-market model that has since dominated capitalist countries, at a private dinner at Columbia University on Feb 20 2009. For a detailed report on his view, click here . If you have an hour and a half to spare this weekend, the video below may be of interest to you where George Soros discusses some background and views of today's markets. Hope you like it..

Video and Transcript of Semi Annual Monetary Policy Report

Hi all, After watching the full meeting yesterday, here is my short conclusion: Economy Necessary counter-cyclical monetary policies has already been used to stabilize the US economy, and with the recent corrections in property prices, goods and services, most products in general, has already been adjusted to norm, where it is more affordable to common citizens in the US. Banks are also given credits for every good loans made to any credible borrower. Seems like measures of increasing additional money supply to the economy, and measures to prime the banks to lend has taken place. But what may seem worrying for the moment, is only if other countries may not find the returns on treasuries and the USD is no longer attractive. Future With a little more to be done still, that means after 2 Trillion USD, the FED will allow market forces to adjust itself to these new changes, and hope that consumer's confidence could be restored over the next few months. FED will continue to monitor the p...