How Close Is The Bubble To Bursting?
According to recent figures from the Australian Bureau of Statistics, the number of unemployed Australians fell in February to 5.80 per cent or 0.5 per cent lower than it was…
Tags: GDP
Adopting a Gold Standard Would Promote Fiscal Discipline
Many are surprised to learn that famed central banker Alan Greenspan has been a longtime supporter of the gold standard. But the record is clear.
Economy Shrinks 6.4% y/y in Q3, Less Than Expected
Thailand’s economy improved in the third quarter after the government eased restrictions on movement and implemented a series of stimulus measures while getting the country’s Covid-19 outbreak largely under control.
Counting The Corroborated Stall, Not The Coming Lawfare Election Mess
While we wait for the electoral count to be sorted out by what we hope are competent and honest people (not holding our breath), there’s a greater muddle growing where…
Using GDI’s Eye On The Remaining Private Gaps
Following up on the whole subsidy issue, GDP versus GDI though here with a determined eye on the Net Operating Surplus (NOS). The way this stuff is accounted for in…
Fed Vice Chair Clarida says Economy Needs ‘Perhaps Another Year’ to Return to Pre-Pandemic Level
The U.S. economy needs another year or maybe more until it gets back to its pre-pandemic levels of activity, Federal Reserve Vice Chairman Richard Clarida said Wednesday.
New Zealand Officially in Recession as Second-Quarter GDP Posts Record Decline
WELLINGTON (Reuters) - New Zealand fell into its deepest economic slump on record in the second quarter as its battle against the coronavirus pandemic paralysed business activity, official data showed…
Meaning Mexico
It took some doing, and some time, but Mexico has managed to bring its car production back up to more normal levels. For two months, there had been practically zero…