Resources
The Federal Reserve’s Term Asset-Backed Securities Loan Facility
The securitization markets for consumer and business asset-backed securities (ABS) and commercial mortgage -backed securities (CMBS), which supply a substantial share of credit to consumers and small businesses, came to a near-complete halt in the fall of 2008, as investors responded to a drastic decline in funding liquidity by curtailing their participation in these markets. [...]
Read moreHow to Make Healthcare Reform a Platform for Economic Expansion
by Peter A. Gold Philadelphia Business Journal July 6, 2012 I’m not an economist but I serve on two boards of directors with representatives of leading international financial Institutions, central banks and even a Nobel Prize winning economist. I am continually humbled by their profound knowledge in their respective fields. I surmise that they would [...]
Read moreIndustrial Planning In China: A Case Study
By Timothy Weckesser, Ph.D. & Yang Lin, Sino-Consulting We recently completed a comprehensive study of China’s electric vehicle industry which, we believe, presents a vivid example of what “industrial planning” means in that country. China’s economy is often a hard-to-define mixture of pure private enterprise and comprehensive central planning, as evidenced by the well-known Five-Year [...]
Read moreAnother view: Eurozone fears are overblown
The below editorial was published in the June 11, 2012 edition of the USA TODAY. The electronic version can be found here. by David Kotok Many analysts argue that the eurozone crisis will put the U.S. economy into a recession. They are wrong. Most fail to acknowledge the lessons learned by Americans during the last [...]
Read moreMichael Drury on the Eurozone Crisis
by Michael Drury, Chief Economist, McVean Trading & Investments, LLC After a week of meetings with the central bankers and monetary policy analysts of the Baltics and Emerging Europe we are left with the impression that the Eurozone problems will be resolved, likely with Greece still in the Euro, and that few inside or outside [...]
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