Good economic news from the Netherlands. The stimulus worked
Even in a very open economy..
US housing market still in the doledrums
This is pretty bad news…
Is the future of the euro in question?
George Soros says so, but is he right?
Deficit hawks should be careful not to sniff out the recovery
Deficit hawks should think twice, and do something about health care cost, which is by far the most serious threat to the sustainability of the financial position of the US […]
Asians dumping US bonds
First the Chinese, now the Japanese? Is the dollar strength temporary? Will higher interest rates in the US sniff out the recovery? Questions, questions…
While China may invest too much, the US invests too little..
Investment is raising the future living standards…
Asia’s self-sustaining growth?
This is a real sign of a shift in economic gravitus. Asia manages to drag along a sickly Japanese economy…
The Rise of the Rest
Yes, the world economy will probably never be the same again. Power relations have shifted in quite a dramatic fashion..
China’s inflation rate is easing
That should ease the pressure to tighten monetary policy too much (although they do need some tightening to decelerate rampant credit growth)..
Budget deficit not nearly as scary as most people have it
Necessary antidote to the scaremongering..