Some Economic Commentary

Roubini warns of asset bubbles
CNNMoney.com
"I would go back to the former Glass-Steagall," he said in reference to banking reforms instituted after the Great Depression, which were later repealed. ...
http://money.cnn.com/2010/01/27/news/economy/Roubini_Davos/

Banks gear up for big fight
Ethiopian Review
... and the confusion and near panic over trying to find an answer to what seemed like an impending massive economic depression was all too obvious. ...
http://www.ethiopianreview.com/news/16747

Faber Says S&P 500 May Drop 20% on Economic, Earnings Prospects
BusinessWeek
19, may fall to 920, said Faber, 63, who recommended buying stocks in March, before the biggest rally since the Great Depression. ...
http://www.businessweek.com/news/2010-01-27/faber-says-s-p-500-may-drop-20-on-economic-earnings-prospects.html

World Trade Volume Rises 1.1% in November
Wall Street Journal
World trade flows plummeted in the final months of 2008 and the early months of 2009, declining at the sharpest rate since the Great Depression and to the ...
http://online.wsj.com/article/SB10001424052748704094304575028701268623326.html?mod=WSJ_latestheadlines

IMF: Banks will have to raise billions to avoid second crisis
Citywire.co.uk
... World Economic Outlook the organisation said policymakers had 'forestalled another Great Depression' and raised growth targets for almost every economy. ...
http://www.citywire.co.uk/professional/-/news/other/content.aspx?ID=379065


Not-So-Great Recession
Atlantic Online
During the Great Depression, unemployment in the United States was 25%, and that was a low-ball estimate at best. Equity markets lost more than 80% of their ...
http://davos2010.theatlantic.com/2010/01/taking_stock_of_our_not-so-great_recession.php

Paulson: Bailout Of AIG Avoided Devastating Economic Collapse
RTT News
... seen a complete collapse of our financial system, and unemployment easily could have risen to the 25% level reached in the Great Depression," he said. ...
http://www.rttnews.com/ArticleView.aspx?Id=1191739