Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

Didn’t see the Forest Fire for the Trees

IMG Auteur
Published : February 01st, 2013
143 words - Reading time : less than a minute
( 1 vote, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Fomc
Category : Opinions and Analysis

One of the beauties of the modern age is that documents that once would have been either inaccessible, or taken years of sleuthing to locate, are now readily downloadable from the Web. One such set of documents is the transcripts of the meetings of the Federal Open Market Committee (FOMC) in 2007, all of which have now been released.

Everyone who wants to understand why we’re now mired in a permanent economic slump should read these documents—not because it will explain the slump itself, but because it confirms that those who were supposed to ensure that such calamities didn’t occur were clueless about the approaching crisis. Jim Cramer famously ranted precisely the same message at the time, and copped a lot of flak about it, but he was dead right—and the transcripts prove it.

Click here to read the rest of this post.

Thanks to Steve Keen from www.debtdeflation.com
<< Previous article
Rate : Average :5 (1 vote)
>> Next article
Steve Keen is associate professor at the University of Western Sydney School of Economics and Finance. As an economist, he does something very unusual : he treats money seriously, and as a result he gets a very different result on how the economy operates.
WebsiteSubscribe to his services
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Get Investor Information
SilverCrest MinesMinaurum Gold
Select
& click
Mining Company News
TechnipTEC.PA
Technip: Results of the Option to Receive the Dividend Payment for Financial Year 2014 in Shares
€UR 62.12-0.74%Trend Power :
Corporate news
Anglo Asian Mining(Au-Cu)AAZ.L
Director Loan
GBX 5.84-0.68%Trend Power :
Corporate news
OutokumpuOUTA.F
Outokumpu’s stainless steel fuel tank wins ISSF New Applications Award
€UR 5.32-0.62%Trend Power :
Corporate news
OutokumpuOUTA.F
Outokumpu CEO Mika Seitovirta elected the Chairman of ISSF
€UR 5.32-0.62%Trend Power :
Corporate news
Royal Dutch Shell(Oil)RDSA.AS
Shell CEO Defiant On Arctic Drilling
€UR 27.88-0.48%Trend Power :
Corporate news
ApacheAPA
Apache Declares Cash Dividends On Common Shares
US$ 62.17+0.91%Trend Power :
Corporate news
MagellanMNM.V
Magellan Files Report on Coringa Resource Estimate and Provides Update on Progress of Feasibility Study
CA$ 0.06+8.33%Trend Power :
Corporate news
du Pont de NemoursDUPP.PA
DuPont Unit Chemours Names President of Titanium Business - Analyst Blog
€UR 63.29-1.91%Trend Power :
Corporate news
Alcoa Inc.AA
Why It’s Important to Track Recent Aluminum Industry Indicators
US$ 13.00-0.54%Trend Power :
Corporate news
Tintina Resources(Au)TAU.V
Tintina Resources Submits Aquifer Test Work Results
CA$ 0.06+0.00%Trend Power :
Corporate news
Comments closed