sarbashis ghosh

Consequences of a serious US recession – part II

By / 3 Comments / 11 January 2015

Summary:  this series speculates about the consequences of a deep and long recession over the next few years.  How might we react?  How might this change America?  The first post examined our alternatives.  This post discusses possible changes in our financial system.  The last chapter looks at the effect on Americans, and America.  Our next President will face these challenges, so your vote in …

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A happy ending to the current economic recession

By / 17 Comments / 12 September 2009

History shows the difficulty of predicting the short-term path of economic or political events.  However, we can often see the medium-term with greater clarity.  In January 1942 none could forecast the events of the next 44 months, but it did not take an expert to see that the US would defeat Japan.  So it is with the …

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