Tag Archives: Unemployment

Bernanke Fails To Deliver QE 3 in Jack’s and Hole Meeting

By | August 31, 2012

*BERNANKE SAYS STAGNATION IN LABOR MARKET IS `GRAVE CONCERN’ *BERNANKE SAYS FED WILL BOOST ACCOMMODATION AS NEEDED FOR GROWTH *BERNANKE SAYS HE WOULDN’T RULE OUT FURTHER ASSET PURCHASES *BERNANKE: QE `SIGNIFICANTLY LOWERED LONG-TERM TREASURY YIELDS’ *BERNANKE SAYS IMPACT OF QE IS `ECONOMICALLY MEANINGFUL’ *BERNANKE: BIG BOOST IN QE MAY REDUCE CONFIDENCE IN SMOOTH EXIT Those… Read More »

What Happened After Europe’s Last Three Currency “Unions” Collapsed

By | August 22, 2012

Three of the most notable predecessors to the EUR include the Hapsburg Empire, the Soviet Union, and Yugoslavia. Obviously, these no longer exist. Just as obvious, all of these unions, having spent time, energy, money, and effort to change the culture and traditions of member countries and to perpetuate said unions, had no desire, just… Read More »