Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
Browse Articles or use Lyrarc's US patented "Groups" and "Links" for new insights. A Lyrarc Group of Articles on a topic gives insights into particular angles shown in the Group Title. A Lyrarc Link shows more specific insights for 2 articles.
With the banks in private hands it becomes almost impossible to value these toxic assets says the Economist. As the situation worsens between now and 2010 nationalization will become more acceptable. Its the only serious option, and one way ot or another the government will be guaranteeing these assets, as the banks are dependent on the government. It asks why pretend otherwise?
Linked Articles
Economist 02/03/2009
The spectre of nationalisationEconomist 02/03/2009
How the decline in foreign trade unlike anything seen since 1945 is affecting the US and global economy.
Linked Articles
Trade Secret: GDP's Pillar Looks in Peril
Wall Street Journal 01/13/2009
Global Trade Posts Sharp DeclineWall Street Journal 01/14/2009
Linked Articles
In Cold War Echo, Obama Strategy Writes Off Putin
New York Times 04/19/2014
Pentagon Chief Sees Opportunities In Russia and the War on TerrorismWashington Post 01/05/2009
Raghuram Rajan of the University of Chicago, told the 2005 annual Jackson Hole gathering of central bankers economists and finance professionals, that he thought the world had become much riskier with the changes in financial markets in the 18 year Greenspan tenure. He was received rather coldly by others, including former Treasury Secretary Summers. Concerns expressed by Grantham, Rodriguez and Scheiff about these and other problems became louder by the time of the Rajan paper at Jackson Hole.
Linked Articles
Mr. Rajan Was Unpopular (But Prescient) at Greenspan Party
Wall Street Journal 01/02/2009
The Doomsayers Who Got It RightWall Street Journal 01/02/2009
Views of state governors and green advocates on how best to attack the problem raised for stimulus spending that would work to meet short term job goals and longer term goals for energy and transportation to meet sustainability criteria and design better ways to live and work.
Linked Articles
For Stimulus Plan, Obama Team Weighing 'Green' Jobs vs. Traditional Projects
Washington Post 12/24/2008
Jon S. Corzine - A Bold Stimulus Package -- $1 Trillion Bold -- Is NeededWashington Post 12/24/2008
U.S. congresswoman Sheila Bair once said it was the task of fund raising that deterred her and others like her from pursuing careers of national service at higher levels. Obama outspent McCain and Romney by wide margins in 2008 and 2012, right wing groups such as the Koch brothers are organizing similiar efforts of their own for 2016 so as not to be outspent by their opponents.
Linked Articles
Final Fundraising Tally for Obama Exceeded $750 Million
Washington Post 12/06/2008
Koch Brothers’ Budget of $889 Million for 2016 Is on Par With Both Parties’ SpendingNew York Times 01/26/2015
The ports of Savannah and Long Beach tell the story of rapidly slowing foreign trade and imports from China and Japan. Its a signal of an impending slowdown in the economies of China and Japan as their export driven economies slow down.
Linked Articles
New York Times 11/19/2008
When the Downturn Sailed Into SavannahNew York Times 11/30/2008
How lower gas prices would not lead to a backshifting from necessary energy conservation and fuel efficency goals that are beneficial to the USA economy and to the global economy.
Linked Articles
How High Gas Prices Can Save the Car Industry
New York Times 11/16/2008
Clout Has Plunged for Automakers and Union, TooNew York Times 11/18/2008
Russia tones down its overreaction as 66% of Russians polled in June say Russian forces should not enter Ukrainian terrritory. Putin and Russians in the administration policy making may have underestimated the reaction in the U.S. as reflected in this WSH editorial saying Americans should remember the words of Gen. Lucius Clay during the Berlin Blockade and the subsequent airlift. This could be why analysts in Russia now maintain that good relations with the West must be maintained, and entry of Russian forces into Ukraine would have disastrous consequences for Russia in terms of western sentiment and foreign investor sentiment. In such a situation Germany would be likely to support the stronger U.S. position seeing this in terms of the language used in theBerlin Airlift of 1948. For Germany and Russia this would be reversing the hard won gains of building relations from the time of Brandtand Kohl till today, fifty years of effort to build better relations and economic relationships- just too much for sober heads in Moscow Paris, and Berlin to accept, and closing another chapter in Russia's interactions with the West.
Linked Articles
Wall Street Journal 08/13/2008
Seeing Cost of Saber Rattling in Ukraine, Putin Alters CourseNew York Times 07/11/2014
Even so Toyota will not go ahead with making the Prius at the new plant in Blue Springs, Mississippi, is a sign of the severity of the economic downturn that is shaping up for 2009 and 2010.
Linked Articles
The Smaller the Better, Automakers Are Finding
New York Times 06/20/2008
Toyota delays new Prius plantDetroit News 12/16/2008
Honda plans to introduce the hydrogen powered FCV car to the Japanese market in March 2016.
Linked Articles
Honda Introduces Vehicle Powered by Hydrogen
New York Times 01/13/2015
Latest Honda Runs on Hydrogen, Not PetroleumNew York Times 06/17/2008
Pulitzer prize winning journalist for reporting from the Middle East and expert on Saudi Arabia, Karen Elliott House, describes the changes in Saudi Arabia with the huge young demographic, and what it means for Saudi society, U.S.-Saudi relations, meeting the aspirations of young people.
Linked Articles
As the Middle East Burns, the Saudis Ease Up at Home
Wall Street Journal 06/25/2014
Our Friends in RiyadhWall Street Journal 05/14/2008
The precarious condition of the Chinese consumer and first time buyer of cars, with no safety net in the economy for health care or unemployment. The severe downturn for Cherry and why GM cannot look to China for any kind of relief.
Linked Articles
With First Car, a New Life in China
New York Times 04/24/2008
China's Car Makers Seek Different Help: Lower Sales TaxesWall Street Journal 11/20/2008
Schapiro and Khuzami, the new faces at the SEC as chief and enforcement director, are the old faces at FINRA which took ahands off view of self regulation of the financial industry and the old faces at Deuteche BAnk as inhouse lawyer. Sir James Crosby, the head of HBOS bank in the UK which needed $17 billion f government money in 2008, was made Deputy chairman of the Financial Services Authority in 2006, Britain's main regulator. He reisgned hours before a stormy session in the House of Commons which embarrassed Prime Minister Brown after some revelations about Crosby,s role in the mess.
Linked Articles
Obama's Pick to Head SEC Has Record Of Being a Regulator With a Light Touch
Wall Street Journal 01/15/2009
British Regulator Quits as Accusations Mount in Banking CrisisNew York Times 02/12/2009
A lot of the discussion gets stuck somewhere depending on whose blinkers you put on, when the issue of who started the forest fire in the economy that foreclosures have become. This prevents a rational solution, and the taking of clear decisive steps to fix it before its too late.
Linked Articles
Wall Street Journal 03/02/2009
Housing Push for Hispanics Spawns Wave of ForeclosuresWall Street Journal 01/05/2009
How the Capps and the Muirs, two couples in their thirtes and forties and their families are scrimping and saving like older generations of Americans. The implications of this for the national savings rate which is forecast to reach 10% by Goldman Sachs in 2009. What this means for consumption spending according to Rodriguez, and why the economy may be setting up for a longer downturn approaching ten years.
Linked Articles
Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic Woes
Wall Street Journal 01/06/2009
The Doomsayers Who Got It RightWall Street Journal 01/02/2009
Linked Articles
Whatever Happened to Silicon Valley Innovation?
BusinessWeek 12/31/2008
The Big MehNew York Times 05/25/2015
The Obama economic action plan with large investments in infrastructure and green energy and in education and national competitiveness, and what neuroscience tells us about the part fear plays in making financial institutions and business not play the role they are otherwise able to play inleading economic activity.
Linked Articles
In Hard Times, Fear Can Impair Decision-Making
New York Times 12/07/2008
Obama Pledges Public Works on a Vast ScaleNew York Times 12/07/2008
The Fed's need to act and the constructive efforts to unclog credit markets of October 2008 in consumer and mortgage credit. At the same time doubts about how much it will help contimuing slide in demand in the economy.
Linked Articles
Fed Aid Sets Off a Rush to Refinance
Wall Street Journal 11/26/2008
U.S. Consumer Loan Aid Will Trickle Only So FarNew York Times 11/27/2008
Bear Raids on Morgan Stanley and then in late November on Citigroup. How the Uptick Rule should have been reinstated and the psychological crisis created by huge shortselling and the spreading of false rumors for quick profits. The dangers of this to the US and the global economy and the mystery why no action has been taken so far.
Linked Articles
Anatomy of the Morgan Stanley Panic
Wall Street Journal 11/24/2008
There's a Better Way to Prevent 'Bear Raids'Wall Street Journal 11/18/2008
Lessons that emergig economies can draw from the global financial crisis of 2008 may be the wrong ones if there is a return to more state control over the economy which has resulted in wasted decades of development in many countries.
Linked Articles
Economist 10/09/2008
Development Doesn't Require Big GovernmentWall Street Journal 10/03/2008
Fannie and Freddie takeover and the reporting of high level ties with lobbyists of both candidates shows the agents of change argument like the free markets argument "as only a thin veneer" as one expert puts it. In this case though the lobbyists who are in other roles as close advisors to the two candidates and the candidates themselves may not realize that politics as usual here had huge implications. Without the hard work of Secretary Paulson and Bernanke the collapse of Fannie and Freddie could have endangered the American economy, not an overstatement, and could also have serious ripple effects all over the world economy.
Linked Articles
For ’08 Rivals, a Skein of Ties to Loan Giants
New York Times 09/10/2008
The Fannie Mae GangWall Street Journal 07/23/2008
Americans miles driven reached 3 trillion miles by 2007 and now are headed downward for the first time in 10 years. its affecting car prteferences in favor of smaller cars and changing driver habits.
Linked Articles
The Smaller the Better, Automakers Are Finding
New York Times 06/20/2008
Driving Less, Americans Finally React to Sting of Gas Prices, a Study SaysNew York Times 06/19/2008
Even as late as May 22, 2008 Ford pared its outlook to 14-15 million cars as reported by Jeff Bennett in the WSJ. That puts the situation in October 2008, with a 30-40% drop in sales year over year only 5 months away.
Linked Articles
Car Makers' Boom Years Now Look Like a Bubble
Wall Street Journal 05/20/2008
Ford Motor Pares OutlookWall Street Journal 05/22/2008
The perception that "this time is different" is a typical behavioural reaction in history to to financial crises studied by Rogoff and Reinhart. Economic weakness is part of the mechanism for correcting global imbalances which happens over a number of years.
Linked Articles
Economy May Face Prolonged Pain, History Suggests
Wall Street Journal 05/05/2008
Boom, Bust. Repeat.Wall Street Journal 10/09/2009
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1