Ilargi: China Relies On Property Bubbles To Prop Up GDP
More concerned tea-leaf reading in the wake of a BIS report that sounded alarms about China’s debt growth.
Read more...Category Archives: Doomsday scenarios
The New Extreme Reality of Floods
Floods are an under-recognized economic and political risk….
Read more...Eurozone Stability Under Threat of a ‘Bad Shock’
Remarkably, an increasing number of economists believe the Eurozone has addressed its weaknesses. Shades of the Great Moderation, circa 2006.
Read more...Care Work as the Work of the Future
Economists despair about the impact of technology on jobs. They underestimate the need for care work, as in services for the young and aged.
Read more...What Will You Do When The Lights Go Out? The Inevitable Failure Of The US Grid
Power grid failure and coupled systems
Read more...William Astore: Why Do Military Professionals Remain Silent About America’s Disastrous Wars?
Why is there so little domestic criticism of U.S. foreign policy and its disastrous wars and so little military dissent in particular?
Read more...Wolf Richter: Declining Productivity Bodes Ill for Growth and Jobs
Why worries about falling US productivity are well-founded.
Read more...Bill Gross Chides CalPERS for Its 7.5% Returns Assumption; Illinois Set to Lower Target
More and more experts are taking CalPERS and other public pension funds to task over their barmy return assumptions.
Read more...Economists Mystified that Negative Interest Rates Aren’t Leading Consumers to Run Out and Spend
It been remarkable to witness the casual way in which central banks have plunged into negative interest rate terrain, based on questionable models. Now that this experiment isn’t working out so well, the response comes troubling close to, “Well, they work in theory, so we just need to do more or wait longer to see […]
Read more...Bill Black: Thomas Friedman’s Big Idea for Hillary – Embrace Wall Street and Deregulation
Help us, Tom Friedman is at it again…
Read more...Trumpbusters: Who You Gonna Call?
Is Hillary Clinton or Jill Stein a Trumpbuster?
Read more...Why the Crisis in Italy is Not Over
The structural roots of Italy’s economic problems.
Read more...Andrew Bacevich: The 60-Year Decay of American Politics
A personal take on why politics in America are so rotten.
Read more...Brexit Realism: Maybe Voters Were Not Dumb
By David Miles, Imperial College Business School. Originally published as a chapter in the VoxEU ebook, Brexit Beckons: Thinking ahead by leading economists, available to download free of charge To some, the Brexit referendum was a failure by economists to persuade UK voters that leaving the EU would entail major economic costs. This column argues […]
Read more...The Politically Expedient German Scheme for Eurozone Sovereign Debt Bail-Ins
Yet another half-baked European bail-in plan.
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