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The plot thickens... Choices made in 2009 will shape the globes destiny: http://www.ft.com/cms/s/0/4f5c5ba2-dc22-11dd-b07e-000077b07658.html The Aftermath of Financial Crises*: http://www.economics.harvard.edu/faculty/rogoff/files/Aftermath.pdf Banking Crises: An Equal Opportunity Menace: http://papers.nber.org/papers/w14587 UK Darling Invites G20 Fin Mins To London Mtg March 14: http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=ba965ed0-0482-46c0-9ae0-698860afdc23 It is coming down the line Prepare for the worst, Hope for the best. Prepare Now! Peace

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NowTV 環球金融快線 催谷消費 難救經濟 週二, 30 十二月 2008 16:38 香港天主教主教陳日君樞機在其聖誕文告中，狠批社會上過度消費，又指貪得無厭的賺快錢心態、政府放任資本主義，以及對金融市場監管不足，是金融海嘯的源頭所在。陳樞機在其文告中稱，今年聖誕啟示是「神貧」及「節儉」，反對政府催谷消費救市的做法。 事隔數天，候任總統奧巴馬欽點的國家經濟顧問、前財長薩密斯於《華盛頓郵報》撰文指出，政府大灑金錢，不應只着眼於刺激消費者支出，因為這是短視的錯誤做法，政策目標反而是「創造就業」及「長期經濟增長」兩大目的。其說法與陳樞機可算是有幾分相似。...

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June 9, 2008: Coming through! 536 with an SD60I trio NS 6717, 6733, and 6730 goes uphill through Tyrone in the late afternoon. Residents are out walking dog, riding bike, or relaxing on their porch at the time. The horn is mighty and the bell can be seen clanging as it slowly passes by my possition. 6717 for sale? Well, that's what is written on the fuel tank! I'll buy it ;) 536 is a train for Strawberry Ridge.

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NowTV 國際金融快線 轉危為機 爭取連任 週四, 11 十二月 2008 10:59 美國國家經濟研究所(NBER)上周正式宣佈美國經濟已於去年12月步入衰退，歐元區和日本則接連兩季錄得負增長，技術上亦已陷入衰退；先進工業大國中尚餘英國在苦苦掙扎，暫時未有追隨美歐日等地跌進衰退漩渦，但英國政府和英倫銀行其實早已默認經濟已處於衰退期。 英國和美國是難兄難弟，經濟有頗多相似的地方，例如樓價跌勢仍未能穩定，美國較去年同期下跌了17.4%，英國亦跌去了14.2%，兩地現時同樣要為如何能促使銀行向家庭及企業增加借貸而絞盡腦汁。 美國推出7000億頭痕資產拯救市方案，動用了當中的2500億注資銀行，但不少企業仍是求借無門，聯儲局其後再推出8000億方案，當中便有2000億是用來為消費信貸市場解凍。...

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Katy Perry - Hot N Cold this was soo much fun to make haha Taylor Swift Aly Aj Demi Lovato Vanessa Hudgens Meaghen Jette Martin Ashley Tisdale Miley Cyrus Emily Osment Monique Coleman Special Appearence Jonas Brothers Zac Efron *i do not own videos #66 - Most Discussed (Today) - Music - Australia #54 - Top Favorited (Today) - Music - Australia

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December 8, 2008 Speaking in front of members of Congress on Tuesday, economist Peter Morici, a professor at the University of Maryland, said the job loss experienced in November "was much worse than was expected The threat of a widespread depression is now real and present." Many economic observers have justifiably stated that the U.S. is in the midst of the greatest recession facing the nation since the Great Depression. On Monday, the National Bureau of Economic Research finally acknowledged what most of Americans have known for some time: that the U.S. is officially in a deep and painful recession. Few, if any, however, will dare to call the current downturn a Depression. Actually, the department responsible for categorizing our economic condition, NEBR, refuses to use the term, although most Americans, judging by what they see and what is happening to them, realize we are truly entering a depression. "Just as the NBER does not define the term depression or identify...

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In which our intrepid correspondent single handedly elevates a tiny agency into the Oblivious Majors for going way above and beyond the call of dufosity.

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NowTV 國際金融快線 衰退落實 刧數難逃 週三, 03 十二月 2008 11:29 美國經濟是否已陷入衰退，其實大家早已心中有數，所欠的只是等待可以一鎚定音的美國國家經濟研究所(NBER) 正式拍板，作出確認。千呼萬喚之下，NBER於周一終於宣布美國經濟衰退已於去年12月開始，為長達73個月的經濟擴張期劃上句號。結果當然不令人意外，而今次與對上一次衰退不同的是，2001年到NBER確認衰退之時，衰退實際已經結束，但今次則未見谷底。...

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http://EmploymentCrossing.com According to a private payrolls report the US private sector lost 250,000 jobs in November alone, thats the largest decline in six years. The ADP National Employment Report says the job loss again was lead by the goods producing sector, which posted its 24th consecutive monthly decline. Nonfarm private employment dropped 250,000 from October to November exceeding analysts forecast of 200,000 job losses. The ADP also revised the October job loss from 157,000 to 179,000, following Septembers decline of just 26,000. The report says, the November jobs decline "offers evidence of a labor market that continues to weaken. The Labor Department is set to issue its nonfarm payrolls report on Friday and analysts expect major job losses in November. This year, the US economy has shed 1.2 million jobs, and president-elect Barack Obama warned millions more could be lost next year without urgent action. The Federal Reserve echoed those comments saying the jobless...

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全球股市星期一普遍下滑，美國財政部長鮑爾森和聯準會主席柏南奇認為經濟危機仍在持續，美國經濟仍面臨前所未有的壓力。同時，從1961年以來就負責宣判美國經濟命運的美國國家經濟研究局（NBER）表示，美國經濟從去年底開始步入衰退。 由於全球經濟危機加深，各國股市普遍下滑，讓上周的回升化為泡影，金融服務業和零售業損失慘重。 美國財政部長鮑爾森說：「今天，我們仍處於嚴重的經濟危機，雖然我們正取得進展，但前面的道路仍然艱難，但我有信心我們正採取正確的措施穩定金融市場，支持經濟領域恢復信貸。」美國一個主要經濟研究機構國家經濟研究局當天說，美國於2007年末陷入經濟衰退。該機構對美國經濟的起落週期進行跟蹤研究，被認為是評估美國經濟衰退的權威。...

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