{"id":7063,"date":"2008-03-14T17:29:58","date_gmt":"2008-03-14T17:29:58","guid":{"rendered":"http:\/\/127.0.0.1\/import\/?p=1063"},"modified":"2008-03-14T17:29:58","modified_gmt":"2008-03-14T17:29:58","slug":"smells-like-recession","status":"publish","type":"post","link":"https:\/\/econoclaste.eu\/econoclaste\/smells-like-recession\/","title":{"rendered":"Smells like recession"},"content":{"rendered":"<p>Les lecteurs de ce blog savent qu&rsquo;il n&rsquo;y est pas habituel de trouver des perspectives pessimistes. Mais bon, l\u00e0, soyons clairs&nbsp;: \u00e7a commence \u00e0 sentir vraiment, vraiment, mauvais. Hier, c&rsquo;\u00e9tait <a href=\"http:\/\/www.lesechos.fr\/info\/finance\/300249499.htm\" hreflang=\"fr\">un fonds cr\u00e9\u00e9 par Carlyle qui se d\u00e9clarait en faillite<\/a>; aujourd&rsquo;hui, c&rsquo;est la banque d&rsquo;affaires <a href=\"http:\/\/www.lesechos.fr\/info\/finance\/300249911.htm\" hreflang=\"fr\">Bear Stearns qui, face \u00e0 des probl\u00e8mes de liquidit\u00e9, re\u00e7oit un financement d&rsquo;urgence de J.P. Morgan<\/a>, laquelle sert de faux nez \u00e0 la r\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine. R\u00e9sultat&nbsp;: <a href=\"http:\/\/www.aleablog.com\/crash\/\" hreflang=\"fr\">Bear Stearns plonge de plus de 50% dans la journ\u00e9e<\/a>.<\/p>\n<p>Pendant ce temps, <a href=\"http:\/\/www.econbrowser.com\/archives\/2008\/03\/looking_even_mo.html\" hreflang=\"fr\">les nouvelles macro\u00e9conomiques tendent largement vers une r\u00e9cession<\/a>; et les banques centrales, que l&rsquo;on croit \u00e0 tort capables de faire des miracles et des tours de magie, <a href=\"http:\/\/www.nytimes.com\/2008\/03\/14\/opinion\/14krugman.html?ex=1363147200&amp;en=0ce4a28346087c26&amp;ei=5124&amp;partner=permalink&amp;exprod=permalink\" hreflang=\"fr\">sont assez largement impuissantes<\/a>. A plus long terme, on peut envisager une <a href=\"http:\/\/online.wsj.com\/article\/SB120545520548735247.html?mod=opinion_main_commentaries\" hreflang=\"fr\">hausse simultan\u00e9e de l&rsquo;inflation, du ch\u00f4mage, et des taux d&rsquo;int\u00e9r\u00eat.<\/a><\/p>\n<p>Il y a trois ans et demi, l&rsquo;un des premiers posts de ce blog s&rsquo;inqui\u00e9tait d&rsquo;un \u00e9ventuel \u00ab\u00a0<a href=\"http:\/\/econoclaste.eu\/dotclear\/index.php\/?2004\/11\/12\/269-le-retour-des-annees-70\" hreflang=\"fr\">retour des ann\u00e9es 70<\/a>\u00ab\u00a0. Ca n&rsquo;est pas (encore?) tout \u00e0 fait \u00e7a, mais l\u00e0, les nouvelles ne sont pas bonnes.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Les lecteurs de ce blog savent qu&rsquo;il n&rsquo;y est pas habituel de trouver des perspectives pessimistes. Mais bon, l\u00e0, soyons clairs&nbsp;: \u00e7a commence \u00e0 sentir vraiment, vraiment, mauvais. Hier, c&rsquo;\u00e9tait un fonds cr\u00e9\u00e9 par Carlyle qui se d\u00e9clarait en faillite; aujourd&rsquo;hui, c&rsquo;est la banque d&rsquo;affaires Bear Stearns qui, face \u00e0 <a class=\"mh-excerpt-more\" href=\"https:\/\/econoclaste.eu\/econoclaste\/smells-like-recession\/\" title=\"Smells like recession\">(Lire la suite&#8230;)<\/a><\/p>\n<\/div>","protected":false},"author":3,"featured_media":59424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-7063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecoblabla"],"_links":{"self":[{"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/posts\/7063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/comments?post=7063"}],"version-history":[{"count":0,"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/posts\/7063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/media\/59424"}],"wp:attachment":[{"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/media?parent=7063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/categories?post=7063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/econoclaste.eu\/econoclaste\/wp-json\/wp\/v2\/tags?post=7063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}