Economic fundamentals Archives - Page 164 of 329

Vancouver Mayor Mulls Empty Homes Tax

Vancouver ponders a long-overdue measure to target residential real estate warehousing.

Banks Rebel Against Negative Interest Rates

Banks have had it with negative interest rates and are starting to push back.

Why So Many Americans Are Voting Against the Status Quo, in One Chart

This chart shows how much the bottom 90% has lost ground while the top 10% has pulled away.

Wolf Richter: What Makes This Jobs Report So Truly Ugly?

Last week’s job report was not only disconcerting in and of itself, but it also bodes ill for labor market prospects.

Steve Keen: Zombie-to-Be Economies and the Walking Dead of Debt Include China, South Korea, Canada, Finland

Steve Keen’s macroeconomic model allows him to identify zombies-in-the-making. It’s not pretty.

The Abandonment of Countercyclical Fiscal Policy

Economists bemoan the lack of aggressive fiscal spending after the crisis. Funny how few of them were willing to advocate it when it mattered.

Michael Pettis: China – How Much Investment is Optimal?

If China’s very low level of social capital has long ago made its investment strategy obsolete, that suggests that China has overinvested beyond its capacity to utilize these investments economically. Thus there are hidden losses on bank balance sheets created by the failure to write down physical capital to its true value. In this case Chinese growth cannot help but drop significantly as these losses are finally recognized and as investment levels are sharply curtailed.