On malinvestment from Seeking Alpha: “Malinvestment is one of the most useful concepts in Austrian economics. As Wikipedia puts it, malinvestment refers to “investments of firms being badly allocated due to what they assert to be an artificially low cost of credit and an unsustainable increase in money supply, often blamed on a central bank.” …
Is China The Biggest Malinvestment Case Of All Time? Read More »
Incorporating the Rentier Sectors into a Financial Model (via Market Shadows) Incorporating the Rentier Sectors into a Financial Model Courtesy of Michael Hudson By Dirk Bezemer and Michael Hudson As published in the World Economic Association’s World Economic Review Vol #1. ABSTRACT Current macroeconomics ignores the roles that rent, debt and the financial sector play in…
Financial Markets, Politics, and the New Reality (via Market Shadows) Financial Markets, Politics, and the New Reality Courtesy of John Mauldin at Thoughts from the Frontline If you’ve been following my newsletter, you’re familiar by now with my friend George Friedman and the geopolitical analysis company he founded, Stratfor. And if you’ve read any of …
Financial Markets, Politics, and the New Reality Read More »
Put a light on Europe’s shadow economy (via The Christian Science Monitor) Anyone looking for a way to help Europe reverse its shrinking economy – and thus save the global economy – might first note some odd behavior in the Greek city of Larissa. In a report last June, three American researchers found Larissa not …
Myanmar could boom if it sticks to reforms: IMF (via AFP) The International Monetary Fund said Monday that Myanmar could be Asia’s next boom economy if the country sticks to its new path of political and economic reforms. In its first-ever “Article IV” review of the economy, the IMF praised the initial moves to free …
Guest Article: Is Myanmar The Next Emerging Asian Economy? Read More »
By Holly A. Bell By now we have all accepted that we live in a global community. Globalization means we have to think about competition in all areas on a global basis including education, tax structures, and legal environments. Businesses are competing globally for locations, employees, and customers. While there has been a lot of …
Hold the ‘Double Irish With a Dutch Sandwich’ In The Post-Recession Developed World Read More »
India’s growth seen to retard to two-year low in Q3 (via AFP) India is expected to post Wednesday its slowest quarterly growth in over two years for the final months of 2011, hit by aggressive interest rate hikes and a sluggish global economy, analysts said. Asia’s third-largest economy likely grew 6.3 percent year-on-year during the …
US creates new trade unit, targets China (via AFP) The US took direct aim at China Tuesday with the establishment of a new agency to crack down on what Washington judges unfair practices by its major trade partners. President Barack Obama ordered the creation of the Interagency Trade Enforcement Center charged with “robust monitoring and …
Is China Vulnerable? [repostus hash=d1a231dfac5956ecc958661b8854a8c4 title=Europe%20crisis%20could%20halve%20China’s%20growth%3A%20IMF host=AFP short=15ztw] Will the U.S. Manufacturing sector be better able to compete with China?
