‘Stagflation’ fear as dollar drops to record low at izbrano

najnovejše

‘Stagflation’ fear as dollar drops to record low

The dollar fell to its lowest ever level against the European single currency last night after weak exports and the slump in America’s housing market dragged the US growth rate to its lowest in four years. Analysts warned that the world’s biggest economy was on course for mild “stagflation” - slow growth coupled with upward pressures on prices - after Washington said gross domestic product rose just 1.3% at an annual rate in the first quarter of 2007.

Objavljeno pod gospodarstvo |

ni odzivov na “‘Stagflation’ fear as dollar drops to record low”

RSS za ta prispevek povezava na prispevek

ni odzivov

odziv na članek

preberite še

A fiery Czech is poised to be the face of Europe

IHT - The rotating presidency of the European Union is about to be Czech, and there is fear that President Vaclav Klaus will embarrass the world’s biggest trading bloc.

ni odzivov »

Bring back the link between gold and the dollar

Financial Times - The lesson that must be learnt from this disaster is that “free market” capitalism under a fiat money regime does not produce the same blessings (sustainable prosperity) that are produced by true free market capitalism within a monetary system anchored by gold.

ni odzivov »

Can we go up again? The world economy

Financial Times - Reasons for hope exist in the world economy but there are also grounds for fear. The big danger is that a severe global economic downturn creates a massive second wave of credit losses on consumer and corporate loans, which further devastates the eroded capital bases of banks and other [...]

ni odzivov »