Tag: stimulus

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Economy Ideas

Why Modi’s Big-Money Stimulus Package Isn’t What It Seems

Assam Police distribute food to migrant people.
Assam Police distribute food to migrant people. David Talukdar/ZUMA

-Analysis- NEW DELHI — In a discussion on NDTV about the contents of the third tranche of Prime Minister Narendra Modi”s stimulus package for the economy, Yogendra Yadav, one of India’s most respected psephologists, called it “entertainment.” Yadav is a gentle human being who goes out of his way to avoid giving offense, above all on TV. So “entertainment” was the most civilized word he could think of. I will be a little more blunt. Not just the third tranche, but the entire “stimulus package” advertised by Modi on May 12 is a gigantic confidence trick being played upon a […]

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South America On The Fed’s Stimulus Plan: “Thanks For Nothing”

Waiting for the deluge of dollars
Waiting for the deluge of dollars eddieq

SANTIAGO – The U.S. Federal Reserve’s recently announced stimulus package, designed to strengthen the American economy, offered a clear reminder of the huge gap that exists today between Mexico and the rest of Latin America. While Mexico enthusiastically applauded the Fed’s decision to begin pumping $40 billion per month into the U.S. economy through the […]

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