pent-up demand

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IMF says world seeing “a New Reality of lower potential growth”

After 6 years of largely-wasted stimulus efforts, the world’s economic advisory bodies are finally having to accept that ageing populations really do impact economic growth. The latest International Monetary Fund’s latest World Economic Outlook finally breaks half of the taboo that has stopped most economists from accepting this seemingly common sense conclusion.  Its Summary argues as […]

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Don’t look down

Governments and central banks never spot recessions till it is too late.  Thus after the 2008 Crisis, for example, it was recognised that only a few independent experts such as the blog had forewarned of the danger. Today’s situation seems potentially to be as serious as in 2008.  Therefore as promised yesterday, the blog has decided to present its own analysis of the […]