The Economic Effects on Finance, Investing, Social Interactions, and Politics
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Global Economic Intersection (Econintersect) focuses on the economic effects on finance, investing, social interactions, and politics / public policy.  It features original economic commentary, debate, and economic analysis of economic indicators.  It features original ... more

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August 2019 CBO Monthly Budget Review: Total Receipts: Up By 3 Percent In The First 11 Months Of The Fiscal Year
The federal budget deficit was $1,067 billion for the first 11 months of the fiscal year 2019, the Congressional Budget Office estimates - $168 billion more than the deficit recorded during the same period last year.
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August 2019 Consumer Expectations: Inflation Expectation Falls To A Series Low
Expectations for one year ahead inflation, home prices changes, and changes in the price of medical care and rent all reached new series lows.
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Slowing Home Price Growth Enters 15th Month
According to the latest S&P CoreLogic Case-Shiller National Home Price Index, home prices in the United States grew by 3.1% in June.
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Why Is The Bank Of Japan The Largest Asset Holder Among Major Central Banks?
In many countries, the financial crisis and its aftermath led to undesirably low levels of inflation and high levels of unemployment.
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The U.S. Housing Market's Evolution During The Current Economic Expansion
Homeownership is considered a crucial step to wealth accumulation.
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July 2019 Small Business Optimism Continues To Defy Expectations
Optimism among small business owners bounced back in July as expectations for business conditions, real sales, and expansion made solid gains.
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Betting On India
4 years ago
I am a foreigner who lives in India about 6 months a year. there is a theory that a ship runs smoother if all rowers are rowing in the same direction - even if it is wrong. At this point Rajan is the rower trying to move the ship in the opposite direction. It is significantly easier to slow an economy down than speed it up - in fact, i see no evidence from anywhere in the world that monetary policy can be used to accelerate an economy. Rajan's policies are a brake on the indian economy.
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