It is the 19th of September 2019

News

Einhorn: "None Of The Problems From The Financial Crisis Have Been Solved"

A month ago, a downbeat David Einhorn exclaimed "will this market cycle never turn?"

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Euronomics Decomposing, Raise a Glass of Cheer!

This article by David Haggith was first published on The Great Recession Blog: 

By ECB - European Central Bank (Flickr.com) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Europeans must have been delighted to discover that one thing is working as well as it has since the start of the Great Recession. Behemoth banks that are failing are still able to pay their Christmas bonuses to their top executives and give nice dividends to their shareholders thanks to Super Mario Draghi. 

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The Economic "Recovery" Feels Weak Because The Great Recession Never Really Ended

With the worst of the great recession, supposedly, behind us, The Real News Network's Kim Brown notes that many economic analysts still see signs that we’re not yet completely out of the woods. A new report released Wednesday by the International Monetary Fund shows that some banks in the United States and Europe may not be strong enough to survive another downturn, even with States assistance.

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