China’s Insanely Leveraged Housing Market Will Enter Its Secular Bear Market In 2017
Why China’s fabulously leveraged housing market may finally be on the verge of a long-anticipated implosion.
Read more...Category Archives: Economic fundamentals
Ilargi: Why the Energy Crisis is Coming Sooner Than Most Experts Forecast
Why the timeframe for replacing oil is much shorter than most experts believe, making a crisis almost impossible to avoid.
Read more...Bill Black: Bank of England Says Authorities Mustn’t Fine Banks Because Groaf
The Bank of England offers an easily-debunked defense of predatory and fraudulent lending.
Read more...The Evidence Is Clear: Population Growth and Prosperity Are NOT Linked
An in-depth analysis of why the assertion that more population growth promotes higher living standards is bunk.
Read more...Salvation Army Slams New Zealand’s Loose Immigration Policy for Hurting Local Workers
Immigration is a hot topic in the antipodes too, for much the same reason as in the US….the impact on jobs and wage rates.
Read more...Trump, Clinton, Obama and the TPP
How much-derided “populism” has revealed some ugly truths about the TPP, leading Clinton and Obama to try to reposition themselves.
Read more...How the Housing Bubble is Remaking Australia’s Class Structure
How the housing bubble is restructuring Australian society. Are the same patterns emerging in your country?
Read more...Why Italy’s Banking Crisis is Spiraling Out of Control
Even by the standards of European kick-the-can-down-the-road exercises, measures to stave of an Italian banking crisis are really slapdash.
Read more...Gaius Publius: Considering the Coming Megadrought in the American Southwest
The megadrought is coming….and it is not pretty.
Read more...Unemployment Insurance Extension During Great Recession Did Not Destroy Jobs
Debunking the claim that extending unemployment insurance during the aftermath of the crisis was a bad idea.
Read more...Social Democracy, the “Third Way,” and the Crisis of Europe, Part 3
A discussion of why the center-left failed to revive in Europe after the crisis. Some of the reasons apply to the US as well.
Read more...How Housing Bubbles Destroy Productivity
More evidence that housing bubbles distort economic activity and act as a damper on growth.
Read more...Wolf Richter: Millennials Blamed for Lousy Economy
Millennials aren’t spending like they are supposed to…with good reason.
Read more...Ham-Handed Theresa May “Hard Brexit” Stance Roils UK Pols, Not Just EU
Theresa May may have thrown a spanner in the Brexit works by pushing for a xenophobic “hard Brexit”. Accident or design?
Read more...Economic ‘Recovery’ Feels Weak Because the Great Recession Hasn’t Really Ended
We are not in a recovery and we’re not really in a traditional recession. People think of a business cycle, which is a boom followed by a recession and then automatic stabilizers revive the economy. But this time we can’t revive.
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