Booms and Busts

Displaying 721 - 730 of 1771
Mark Thornton

"In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building"

 

So The Economist apparently does not think too "highly" of my skyscraper theory

Antony P. Mueller
Brazil's government has long been devoted to the idea that more government spending will create more economic prosperity. For a time, it seemed to work, but now reality and disillusionment have set in.
Mark Thornton

Europeans have long been fearful of the prospects of price deflation, but now that it has arrived they have embraced it.

Mark Thornton

The Fed has been messing with interest rates for a century and suddenly they have forgotten how to raise interest rates?

Edin Mujagic

Data from Japan, Spain, Greece, and the Netherlands all suggest that deflation is not the disaster many economists suggest it is. In fact, there's good reason to believe that economies really start to take off when prices fall the most.

Peter Wong
Oil prices have fallen largely due to economic and political realities in China and the US. The resulting correction is a good thing, and, in spite of what many panicky central bankers think, falling oil prices are a good thing.
Mark Thornton

Skyscrapers Selling at Superlative Prices