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July 18, 2009
the anxiety could be measured in one of many ways, to take one modern indicator. google searches for the term "economic depression" were up four-fold from the baseline level and something similar was true of mainstream media references to economic depression. . second, to assure confidence, the recovery from the crisis would be built not on the glimpsey foundation of asset bubbles but on a firm foundation of productive investment for long-term growth. the president was clear from the b...
July 6, 2009
>> re: welcome to the broadcast. tonighpete peterson, the author of "the education of an american drmer. >> weve never had anything approaching these kds of defits. we have nevebeen this dependent on foreign capital. youve g the housin situation, god forbid that housing pricesall significant because they can. well y would hsingrices fa? because interest rates might well go up. why? because foreign lenders demand higher intest rates. we have a whole new s ofariables. >> rose: pete peter...
July 4, 2009
>> rose: welcome to the broadcast. tonight pete peterson, the author of "the education of an american dreamer. >> weve never had anything approaching these kinds of deficits. we have never been this dependent on foreign capital. youve got the housing situation, god forbid that housing prices fall significantly because they can. well y would housing prices fall? because interest rates might well go up. why? because foreign lenders demand higher interest rates. so we have a whole new set...
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