Tag Archive | Growth
What’s going to be economically important (in the macro-sense) this year? I’m going to place my bets on these ones: – The Euro Crisis continues because the politicians and ECB leaders still have not come up with proper solutions – Growth in Germany and other European countries will weaken as a result of the crisis […]
Total wage growth (inflation adjusted, of course) over the last decade has been negative. Minus 4.5% versus positive 8.6% for France, for instance. Here is the chart @Der Spiegel (in German).
September and October are coming, the months that traders and economists fear the most. Remember the Septembers and Octobers of 2008, 1987, 1973, 1937, 1931, 1929, and 1907.
It’s idiotic that most people think that China will surely continue to grow as strong as in the last 25 years, achieving average growth rates of over 8%. The blog “Free Exchange” from the magazine ” The Economist” compares the old Bretton Woods currency system of the 60s and 70s with the current situation of […]