Home » Posts tagged 'economic growth' (Page 10)
Tag Archives: economic growth
Nine Reasons Why Low Oil Prices May “Morph” Into Something Much Worse
Nine Reasons Why Low Oil Prices May “Morph” Into Something Much Worse Why are commodity prices, including oil prices, lagging? Ultimately, it comes back to the question, “Why isn’t the world economy making very many of the end products that use these commodities?” If workers were getting rich enough to buy new homes and cars, demand for […]
Recession, Not Fracking, Behind Drop in U.S. Carbon Dioxide Emissions, Scientists Conclude
Recession, Not Fracking, Behind Drop in U.S. Carbon Dioxide Emissions, Scientists Conclude It’s been a talking point for boosters of the shale gas rush for years: as fracking spread across the country and the supply glut drove prices down, utilities have been shuttering dirty coal plants and burning natural gas instead – meaning that America’s […]
Why the Cash Economy in Greece May Be Ending
Why the Cash Economy in Greece May Be Ending Many believe we have a teetering world economy, even without Greece as an indicator. Now Greece is looming ever larger as a critical if unknown actor. It is mostly considered a bad one, for the entire European, and even the worldwide, financial system and economy. The […]
Greece Diary
Greece Diary I was in Greece from June 23 through July 5, and, while I had no meetings with government officials that might give me insider information on how events there are likely to unfold, nevertheless the experience was both enlightening and disturbing, and is worth relating. Travel to Greece came at the invitation of […]
Will Fixed Election Hurt Canada’s Economy? This Economist Thinks So
Will Fixed Election Hurt Canada’s Economy? This Economist Thinks So On verge of recession, campaign might steamroll stimulus. The first day of September will be a critical one for Canada, say economists. That’s the day new economic data will determine whether or not Canada’s economy shrunk two quarters in a row. A second downturn will […]
Financial Nonsense Overload
Financial Nonsense Overload Kelly Hensing “Those whom the gods wish to destroy they first make mad” goes a quote wrongly attributed to Euripides. It seems to describe the current state of affairs with regard to the unfolding Greek imbroglio. It is a Greek tragedy all right: we have the various Eurocrats—elected, unelected, and soon-to-be-unelected—stumbling about […]
“The US Needs War Every 4 Years To Maintain Economic Growth”
“The US Needs War Every 4 Years To Maintain Economic Growth” “This is not a secret,” explains Kris Roman, director of geopolitical research center Euro-Rus, “The whole [US] economy is built on the military theme: to maintain its economic growth, the United States needs a war every 4 years, otherwise the economic growth slows down.” The Belgian […]
The Greek People Should Vote No
The Greek People Should Vote No Greece has defaulted on its 1.3 billion euro payment to the International Monetary Fund and the euro zone is still intact, but nobody has any clear idea about what will happen after next Sunday’s referendum. Prime Minister Tsipras and Finance Minister Yanis Varoufakis, a game theory expert, have […]
Asia depends on Middle East for 66 % of its oil imports
Asia depends on Middle East for 66 % of its oil imports This post uses data from the inter area oil movement section of the BP Statistical Review published in June 2015. It is a continuation of an earlier post on Asian oil consumption and production Global trade and Asia’s share Total global oil trade […]
The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing
The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing Keep an eye on the shadow banking system – it is about to be shaken to the core. According to the Financial Stability Board, the size of the global shadow banking system has reached an astounding 75 trillion dollars. It has approximately tripled in size […]
Systemic Turmoil, Structural Reform
Systemic Turmoil, Structural Reform “The problem with the post-2007 world is that we are not in a cyclical recovery; we are in a structural depression defined as a sustained period of below-trend growth with no end in sight. The U.S. has caught the Japanese disease. Structural depressions are not amenable to monetary solutions, they […]
Recession time bomb ticking faster, louder
Recession time bomb ticking faster, louder Americans are unprepared for the trillions they will lose again America is its own enemy, trapped in new irrational exuberance What’s even more disturbing than the near certainty of Grantham, Cook and the Economist in the dark predictions is what’s driving them, America’s self-delusional narcissism, overoptimism and irrational exuberance […]
Bank of England Could ‘Trigger the Next Financial Crisis’
Bank of England Could ‘Trigger the Next Financial Crisis’ It’s not some wayward doom-and-gloomer who said it, but the Economic Research arm of Natixis, the investment bank of France’s second largest megabank, Groupe BPCE. The analysis was talking about the Bank of England. But the Fed and other central banks, with their ingenious monetary policies, […]
Property Rights, Inequality and Commons
Property Rights, Inequality and Commons I recently spoke at a conference, “Property and Inequality in the 21st Century,” hosted by The Common Core of European Private Law, an annual gathering of legal scholars, mostly from Europe. They had asked me how the commons might be a force for reducing inequality. Below are my remarks, “The […]
