What asset bubble?
- Stocks price to earnings ratio are close to historical lows (never been so low since 1978)
- Housing price are going down (there is still a large potential fall in Europe).
Speaking of bubble, one should look towards gold and commodities but noone really cares about...
Do you know users who have demonstrated good understanding of the economy over the years on this forum?
I will be very interested to read their posts (even if their posts are very old).
It is not the first time that the european have trouble with their currency!
In politics and economics, Black Wednesday refers to the events of 16 September 1992 when the British Conservative government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM)...
With a big thanks to information technologies. Should IT not developped in the 80's, China growth would have been much lower. The development wave went from Japan, to taiwan then China. Do you remember 20 years ago, everything was made in taiwan?
Bernanke has my trust, he is much better than his european counterparts or Greenspan.
Interesting idea to assess whether having a manufacturing base will have an impact!
I am confident in US and western economy because manufacturing is overated. If it took china 15 years to become a large...
Bernanke has my trust, he is much better than his european counterparts or Greenspan.
Interesting idea to assess whether having a manufacturing base will have an impact!
I am confident in US and western economy because manufacturing is overated. If it took china 15 years to become a large...
What you mean is that there is intense competition when there is only a temporary advantage? When things settle, competition goes away? ... is it what you mean by the trend reverts to the mean?
I believe the fact that chinese real estate market is synchrone with western one is interesting in itself. If one listens to Brad Delong (and co), it should not be the case though it is!
Your statements are slightly contradictory. How can union have too much power if corporations have too much power?
I believe you look towards technological determinism which is a key driver in today society.
If the US is insolvent then who own this debt? Who in the world is so rich that it can put the US on default?
Your statement does not stand good sense analysis.