Economics Department (@WellyEcon) profile picture

Economics Department

@WellyEcon

Wellington College Economics Department - comments by teachers and students

Joined June 2012
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New edition of #WellyEcon out soon. Thanks to all those that contributed!
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Russia's economic fears behind their actions in Ukraine bbc.co.uk/news/world-europe-…
Very relevant and interesting article on the #ukrainecrisis bbc.co.uk/news/world-europe-…
Ukraine crisis: What next for both sides?

Ukraine crisis: What next for both sides?

The BBC's diplomatic correspondent Bridget Kendall assesses what the next the moves of both sides might be in the dangerously escalating Ukraine crisis.

bbc.co.uk
Nearly 500,000 people in the UK have mortgages on their houses which are more than the value of the house itself (negative equity)
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Unemployment dropped by 125,000 to 2.34 million in the last quarter of 2013: bbc.co.uk/news/business-2625…
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And today, Argentinian peso falls 17% versus dollar, biggest drop in 10 years
Argentina has restricted Internet shopping with Amazon and others to improve balance of payments. Real problem though is its 28% CPI
GDP grows 0.8 percent in Q3 versus Q2 despite flat Government spending. Now only 2 percent from pre-crisis level telegraph.co.uk/finance/econ…
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Govt lends banks money at 0.75%, banks then lend it as help to buy mortgages at 5%, and the Govt guarantees those mortgages. Easy profit
US Government faces shutdown at midnight tonight. Markets tumble telegraph.co.uk/news/worldne…
The Govt considered troops on the street in 2008, such was concern that anarchy would follow collapse of the banks bbc.co.uk/news/uk-politics-2…
Gordon Brown 'discussed troops on streets' in crisis

Gordon Brown 'discussed troops on streets' in crisis

Gordon Brown discussed deploying troops on Britain's streets as news of the 2008 financial crisis became clear, an ex-Labour spin doctor claims.

bbc.co.uk
Why the US was right to maintain QE. And how to reduce UK Government debt by £300bn in a day. telegraph.co.uk/finance/comm…
Fed recoils from 1937 tightening error as jobs evaporate

Fed recoils from 1937 tightening error as jobs evaporate

The American economy has shed 347,000 jobs over the past two months, roughly comparable with the rate of loss seen during the Great Recession. It is remarkable that the US Federal Reserve should even...

telegraph.co.uk
US Fed decides to continue QE at $85bn per month, sending stockmarkets to new highs blogs.telegraph.co.uk/financ…
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Manchester United announces sales revenue of £363m in the latest year, up 13 percent on year before #BUSS1
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Congratulations on the excellent Economics and Business results
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Economics Department retweeted
George Drakesmith (@GDrakesmith) profile picture
George Drakesmith@GDrakesmith10 Jun 2013
Replying to @WellingtonUK
@WellingtonUK r creating a CD 4 the Charity 'Debra'. Please donate at justgiving.com/allinaday #doitfordebra #allinaday @WellyEcon PLS RT
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#BUSS4 - following our Apple lesson, story on how 71% of investors believe Apple has lost its innovative edge mobile.bloomberg.com/news/20…
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#BUSS1 - please ensure you know breakeven output and % change in this if selling price or costs change. Remember the noise a cow makes
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#ECON2 - Good luck tomorrow. Remember effectiveness of fiscal policy as emailed last night. Also reasons for fall in UK productivity
#BUSS4 another good reference for globalisation. Western car companies take higher market share in South Korea mobile.bloomberg.com/news/20…
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