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David Cameron warns of looming second global crash | World news | The Guardian
David Cameron warns of looming second global crash | World news | The Guardian. David Cameron has issued a stark message that “red warning lights are flashing on the dashboard of the global economy” in the same way as when the financial crash brought the world to its knees six years ago. Writing in the […]
Consumers Simply Never Showed Up | Alhambra Investment Partners – We Are Different.
Consumers Simply Never Showed Up | Alhambra Investment Partners – We Are Different.. The largest calendar segments of the retail universe are back-to-school followed closely by Christmas. The peak month for back-to-school is August which is usually the third or fourth biggest month of the year in terms of raw retail sales; with October right […]
Activists ‘Fed Up’ With Rate Rise Talk Offer Plosser a City Tour – Bloomberg
Activists ‘Fed Up’ With Rate Rise Talk Offer Plosser a City Tour – Bloomberg. Labor and community organizers meeting with Federal Reserve Chair Janet Yellen challenged officials who are ready to raise interest rates to first come visit the poorest neighborhoods with them before saying that the economy has recovered. Kati Sipp, one of about two dozen […]
24 Reasons Why Millennials Are Screaming Mad About Our Unfair Economy
24 Reasons Why Millennials Are Screaming Mad About Our Unfair Economy. Do you want to know why Millennials seem so angry? We promised them that if they worked hard, stayed out of trouble and got good grades that they would be able to achieve the “American Dream”. We told them not to worry about accumulating […]
Oil: “It’s The Economy, Stupid” | Zero Hedge
Oil: “It’s The Economy, Stupid” | Zero Hedge. The cacophony of various talking heads proclaiming this morning that oil price weakness is not due to weak demand but to over-supply (which are obviously merely different sides to the same coin) was deafening. While he hate to steal the jam from their aggregate donuts, the following chart may […]
How to Shrink the Economy without Crashing It: A Ten-Point Plan Post Carbon Institute
How to Shrink the Economy without Crashing It: A Ten-Point Plan Post Carbon Institute. The human economy is currently too big to be sustainable. We know this because Global Footprint Network, which methodically tracks the relevant data, informs us that humanity is now using 1.5 Earths’ worth of resources. We can temporarily use resources faster than […]
Why China’s slowdown is taking a heavy toll on Canada | Jeff Rubin
Why China’s slowdown is taking a heavy toll on Canada | Jeff Rubin. If beaten up Canadian investors are looking to assign blame for the bruising suffered by their portfolios of late, they could do worse than point an accusatory finger at China. The resource super-cycle that drove valuations so much higher over the last […]
Our Finite World | Exploring how oil limits affect the economy
Our Finite World | Exploring how oil limits affect the economy. A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the majority of producers, so that in total producers would provide enough–but not too much–oil for the world economy. The […]
A Paradox to Savor: A High-Quality, Free Economics Textbook | David Bollier
A Paradox to Savor: A High-Quality, Free Economics Textbook | David Bollier. The economist Paul Samuelson once wrote, “I don’t care who writes a nation’s laws—or crafts its advanced treaties—if I can write its economics textbooks.” What a pleasure to learn that an insurgent team of economists, The Core Project, is about to rewrite the nation’s […]
China’s Vicious Growth Circle by Keyu Jin – Project Syndicate
China’s Vicious Growth Circle by Keyu Jin – Project Syndicate. LONDON – Most economists have a reason to be worried about China’s economy – whether it be low consumption and large external surpluses, industrial overcapacity, environmental degradation, or government interventions like capital controls or financial repression. What many fail to recognize is that these are […]
Fuzzy Numbers – Crash Course Chapter 18 | Peak Prosperity
Fuzzy Numbers – Crash Course Chapter 18 | Peak Prosperity. Shutterstock Fuzzy Numbers – Crash Course Chapter 18 How we’re deluding ourselves with bad data by Adam Taggart Friday, October 17, 2014, 9:58 PM Chapter 18 of the Crash Course is now publicly available and ready for watching below. What if it turned out that […]
