This economic crisis, as well as the virus, is truly novel- it is not caused by bursting financial bubbles, deficient demand or underutilised potential. Revenues that would normally come from the population producing, earning and
August 2019
Another interesting positive side effect of the upheaval in the basic order is a realisation that leaders can break through the constraints of bureaucracy. Flouting all conventional advice, Trump’s meeting…
10 Biggest Wealth Markets: 2018 Wealth vs Growth 2008-2018
As much as one could look to political differences or motivations, the single biggest boon for wealth growth has been global loose monetary policy with near zero interest rates and significant QE, which serves …
Chart of the Week: UK Government & Household Debt vs. GDP
Over the past 40 years, government debt as a proportion of GDP has predominantly remained in the 30%-50% range. This trend ended with the financial crisis, after which government policy has been centered on reducing the debt to GDP ratio…
Ros Altmann
Wednesday 24th May 2017:
The Unintended Effects of Quantitative Easing
December 2015
Apart from the normal and incalculable unknown unknowns, a possible debt explosion or a Putin play, 2016 is likely to see a steady improvement in the economic environment. 2 to 3% growth with near zero inflation is really quite benign. With Governments, albeit at glacial speed…