Global Fears of a Recession Grow
Posted about 24 hours ago on NYT > NYTimes.com Home
Three days after the approval of the White House’s $700 billion rescue plan, it looks like a pebble tossed into a churning sea.
11 Related Posts
- Markets around the world collapse as fears of a global recession increase.
- via Slate Magazine - Today's Papers
- It's a new week, and the bad news keeps getting worse. "The global financial crisis has taken a perilous turn," declares the Wall Street Journal. Hopes that the massive bailout package approved by Congress last week would give investors some …
- Early Morning Swim: Presidential Debate Preview Edition
- via Firedoglake
- Tonight, the Town Hall-style debate in Nashville.If McSame had any guts, he'd call Obama a terrorist to his face.But that's probably not gonna happen. Are these character smears coming too late?Obama increases lead in NBC/WSJ poll.And CNN pol…
- Worldwide collapse
- via Brian Beutler
- Read Mark Landler on the global nature of the financial meltdown. Then read Matt Yglesias on the reasons European countries are so vulnerable to a problem with roots in the American banking system. Then ask yourself the tangentially related, …
- Now What?
- via IPE at UNC
- European governments appear "dazed and confused," said Jim Reid, a strategist at Deutsche Bank. "And this isn't helping confidence and will probably end up costing them more in the long run." Not surprising that they are dazed and confused, g…
- Morning Bell: Bring Honesty Back to War Funding
- via The Foundry
- When Treasury Secretary Henry Paulson first announced his $700 billion Wall Street rescue plan, Sen. Chuck Schumer (D-NY) promised: “We will not Christmas-tree this bill. The times are too urgent. Everyone has their own desires and needs. It’…
