17 05, 2009

Countries in Recession (updated)

By |May 17th, 2009|Categories: Crisis2008, Recession|15 Comments

Updated 17 May 09: Added Israel.

Updated 15 May 09: Added France.

Updated 19 Feb 09: Added Taiwan

Updated 23 Jan 09: Added Britain.

Updated 1 Dec 08: NBER Says officially, the US went into recession from December 2007.

Officially, at least:

Asia (Report Date, Country, GDP Growth):

11 04, 2009

Analysts Getting It Wrong, And No Recovery?

By |April 11th, 2009|Categories: Recession, Recovery|6 Comments

John Mauldin’s latest, Is this Recovery that we see? brings up some interesting points about where we are and if this really is a recovery. A particularly hilarious point in there was how analyst estimates were so way off it’s amazing they even get paid. (Wait, they probably got bonuses. The current fad is to reward the incompentant).

The last number below is the actual figure. The rest were “estimates”.


19 03, 2009

Photos of the Recession

By |March 19th, 2009|Categories: Recession|Comments Off on Photos of the Recession

A fantastic photo set of the recession, worldwide. A photo of Kiev, Ukraine struck me:

Minus the snow, this could be Gurgaon or Navi Mumbai. The recession is here, just the photos aren’t there. Yet.

10 01, 2009

Roubini predicts a bleak 2009

By |January 10th, 2009|Categories: Recession, Roubini|1 Comment

Roubini: 2009 will be very very bleak:

So how far are we into this recession that has already lasted longer than the previous two (the 1990 and 2001 recessions lasted eight months each)? I believe the U.S. economy is only half way through a recession that will be the longest and most severe in the post-war period. U.S. gross domestic product will continue to contract throughout 2009 for a cumulative […]

22 11, 2008

World Recession Is Here

By |November 22nd, 2008|Categories: Crisis2008, Recession|5 Comments

From Stratfor’s Geopolitical Diary (Subscribe only)

The world, at least by our reckoning, is now officially in recession.

The downturn has three strands. In the United States, the subprime housing collapse triggered a liquidity crisis. In Europe, the American liquidity crisis triggered a much broader and deeper banking crisis. And in Japan — and the rest of East Asia — the enervated demand in the United States and Europe […]