System Collapse
Updated: 2010-08-31 22:38:28
NYTime.com
The American economy could experience painfully slow growth and stubbornly high unemployment for a decade or longer as a result of the 2007 collapse of the housing market and the economic turmoil that followed, according to an authority on the history of financial crises.
That finding, contained in a new paper ...
Money fair showcases $100,000 bills, rare coins
By RODRIQUE NGOWI, Associated Press Writer Rodrique Ngowi, Associated Press Writer – Thu Aug 12, 8:55 am ET
BOSTON – In an economic downturn, it might be tough to get your head around this: rare ...
However, they conclude that "the ideas discussed are unlikely to materialize in the foreseeable future absent a dramatic shift in appetite for international cooperation."
The PDF document appeared to have been taken offline at time of this writing, but a cached version was still available. The document is from April, but ...
Nytimes.com
WASHINGTON — The Federal Reserve acknowledged on Tuesday that its confidence in the economic recovery had dimmed, and announced that it would use the proceeds from its huge mortgage-bond portfolio to buy long-term Treasury securities.
Saying it would buy relatively modest amounts of government debt, analysts said the Fed signaled that ...