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Tag Archives: growth
Japan readies record $800 billion 2015-16 budget: sources
Japan readies record $800 billion 2015-16 budget: sources (Reuters) – Japan’s government will propose a record budget for next fiscal year of more than $800 billion but cut borrowing for a third year, government officials said on Sunday, as Prime Minister Shinzo Abe seeks to maintain growth while curbing the heaviest debt burden in the […]
Price Discovery and Emerging Markets
Price Discovery and Emerging Markets I got to admit, Paris and Charlie have thrown me off a bit. Can’t be just me who noticed how well the French CAC 40 was doing since Charlie Hebdo got shot, can it? Up some 2%, I don’t quite recall, Wednesday, the day of the attack, and 3.59% yesterday. […]
Empirical Proof of the Giant Con
Empirical Proof of the Giant Con I want to continue on with my recent focus on the giant con and if you’ve been reading my work lately you’ll certainly know what that is. However, for those of you not familiar with the giant con, it is the idea that our economy is growing when, in fact, […]
Crossroads on Global Infrastructure
Crossroads on Global Infrastructure Massive Global Infrastructure Projects Could Prevent Achievement of a Sustainable Economy While Undermining Life Support Systems of the Earth Plans by the world’s most powerful countries are well underway to spend trillions of dollars for new mega-infrastructure projects to rejuvenate the global economy. The hope of the G-20 nations, the World […]
2015 World GDP Expectations Just Collapsed | Zero Hedge
2015 World GDP Expectations Just Collapsed | Zero Hedge. World GDP Growth Expectations for 2015 just dropped dramatically to their lowest since expectations began to be tracked. From 3.40% in early 2013, the consensus is expectating world economic growth at a mere 2.72% (a 20% decline in growth expectations). Of course, there is one thing that is […]
Grow Your Way Out of Debt? Don’t Make Us Laugh … |
Grow Your Way Out of Debt? Don’t Make Us Laugh … |. What Did She Mean? Janet Yellen made headlines yesterday. She promised the Fed would be “patient” in raising interest rates. Investors must not have known what she meant. With the Dow tearing more than 421 points – or 2.4% – higher, half of […]
Good Economic News, but Democrats Differ on Whether to Take Credit – NYTimes.com
Good Economic News, but Democrats Differ on Whether to Take Credit – NYTimes.com. WASHINGTON — Democrats would like some credit for the run of good economic news. Yet the better those reports are, the more divided the party has become over how — even whether — to take any. In one camp are Democrats who […]
BBC News – China’s manufacturing activity contracts at year-end
BBC News – China’s manufacturing activity contracts at year-end. China’s factory activity is in contraction, based on a private survey, reinforcing calls for more stimulus. The HSBC/Markit manufacturing purchasing manager’s index’s initial reading fell to 49.5 in December from November’s final reading of 50. A reading above 50 indicates expansion, while one below 50 points […]
Degrowth, the Book | David Bollier
Degrowth, the Book | David Bollier. In industrialized societies, where so many people regard economic growth as the essence of human progress, the idea of deliberately rejecting growth is seen as insane. Yet that is more or less what the planet’s ecosystems are saying right now about the world economy. It’s also the message of […]
oftwominds-Charles Hugh Smith: Central Banks Have Failed Because They Can’t Push Wages Higher
oftwominds-Charles Hugh Smith: Central Banks Have Failed Because They Can’t Push Wages Higher. You can print all the money you want, but it will never boost wages to keep up with prices. Central banks have been pursuing two goals for the past six years: ignite inflation and an expansion of debt that will supposedly […]
From dismal science to language of beauty – Towards a new story of economics | Degrowth 2014
From dismal science to language of beauty – Towards a new story of economics | Degrowth 2014. Humans are storytelling beings. In fact one could argue that it is impossible to make sense of the world without story. Storytelling is how we piece together facts, beliefs, feelings and history to form something of a coherent […]
The Most Elementary Question Must Not Be Asked – The Automatic Earth
The Most Elementary Question Must Not Be Asked – The Automatic Earth. We’re in dire need of fresh blood and smart new ideas to clean up the mess the present ideologies and their puppets and puppetmasters have created. The present crew has made a neverending series of ‘mistakes’, intentional or not, and they are dead […]
Oil And The Global Slowdown | Peak Prosperity
Oil And The Global Slowdown | Peak Prosperity. The world economy is slowing down and the authorities are fretting. Japan, Italy, and Greece are all in recession. China is slowing down according to official statistics, and even more according to whispered accounts. Germany, France and the Netherlands are all at stall speed. According to the […]
The end of global development as we know it | News | Engineering for Change
The end of global development as we know it | News | Engineering for Change. Development professionals do their work under the assumption that the developing world will some day look a lot like the developed world. But there’s a good chance that they’re wrong. A practical look at the world’s energy supply, and interesting […]
Ontario’s Greenbelt is under threat | – Environmental Defence
Ontario’s Greenbelt is under threat | – Environmental Defence. Ontario’s Greenbelt protects farmland and natural areas like forests and wetlands from urban sprawl. It ensures that nature isn’t a long drive away, and protects the sources of drinking water for millions of GTA residents. And it ensures that we in the Greater Golden Horseshoe have […]
