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Government Debt Exceeds 120% Of GDP: Why Former IMF Economist 'Very Worried' About US Fiscal Crisis
Tuesday, February 20, 2024 - 7:16pm | 512Read More...Olivier Blanchard, a renowned economist and former chief economist at the International Monetary Fund (IMF), has voiced serious concerns about the potential for a fiscal crisis in the U.S., attributing the risk to the country’s significantly expanded deficits and a political climate resistant...
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'Good Luck Fed:' MIT Professor Olivier Blanchard Sees Central Bank Facing 2 Tricky Scenarios
Sunday, February 5, 2023 - 11:46pm | 375Read More...MIT Professor Olivier Blanchard has explained the dilemma faced by the Federal Reserve in the current economic environment as akin to avoiding ‘Charybdis and Scylla' — the proverbial notion of choosing the lesser of the two evils. According to the Labor Department’s...
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Paul Krugman Says Controlling Inflation By Inducing Recession Is Like 'Stopping The Action On The Field Until Everyone Sits Down'
Monday, January 2, 2023 - 10:46am | 507Read More...Nobel laureate and noted economist Paul Krugman believes controlling inflation by inducing a recession is like stopping the action on the field until everyone sits down again. “It works, but at a cost,” Krugman tweeted. What Happened: Krugman, in a series of tweets, was replying to...
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The U.S. Economy Is Stronger Than Investors Anticipated, Which Could Be Very Bad News
Thursday, July 14, 2016 - 11:08am | 385Read More...If a surprisingly strong June jobs report, a solid early start to Q2 earnings season and a stock market surging to new all-time highs has you optimistic about the U.S. economy, you may be getting ahead of yourself. According to the Wall Street Journal’s Ian Talley, stronger-than-expected U.S...
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How to Profit From Grim IMF Global Outlook
Wednesday, September 21, 2011 - 9:10am | 605Read More...The International Monetary Fund (IMF) gave a grim outlook for the global economy in its most recent World Economic Outlook report. According to the IMF, “financial volatility has again increased drastically, driven by concerns about developments in the euro area and the strength of global activity...
