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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 economic commentary, debate, ...more

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Countries Most Impacted By COVID19: Status As At March 13, 2021
Here is my latest update of the status of the pandemic in the world's most impacted countries and regions.
The Degrowth Alternative
Both the name and the theory of degrowth aim explicitly to repoliticize environmentalism. Sustainable development and its more recent reincarnation “green growth" depoliticize genuine political antagonisms between alternative visions for the future.
December 2020 Loan Performance: Delinquencies Shrink For The Fourth Straight Month
The Loan Performance Insights Report for December 2020 shows 5.8% of mortgages were in some stage of delinquency, which represents a 2.1-percentage point increase in the overall delinquency rate compared to December 2019, when it was 3.7%.
COVID-19: Global Update For February 14, 2021
Worldwide trends for COVID19 pandemic in terms of cases and deaths have shown improvements in recent weeks, but are the improvements temporary or an indication of more long-lasting improvements?
The Future Of Macroeconomics
Thanks to latter-day Lucasian new-classical-new-Keynesian-rational-expectations-representative-agents-microfoundations-economists, we are supposed not to - as our primitive ancestors did - use that archaic term ‘macroeconomics’ anymore.
January 2021 Consumers Expect Higher Spending And Home Prices Improvement
Labor market expectations continued to improve with higher expectations about job security and job finding. Home price expectations rose again in January to reach their highest level since May 2014.
The Impact Of Business Closures On COVID-19 Infection Rates Among Essential Workers
Another issue relates to the policies concerning the closure of essential vs non-essential businesses during COVID. Essential workers carry risk without any associated risk premium.
January 2021 Job Cuts Increase Slightly
Planned job cuts announced by U.S.-based companies rose 3.3%, to 79,552, in January from 77,030 in December.
Challenging The Pro-Growth Market
If the market has become a deity, then it is not a benign one. When we remove the agency of policymakers and replace it with blind faith in the entity of the economy, we forget that it is an entity we constructed.
December 2020 Household Spending Survey Shows Sustained Rebound In Year-Ahead
Median expected growth in household spending over the next year increased sharply to 3.0% in December 2020 from 2.2% in August 2020 and 2.4% in December 2019. The increase was broad-based across education and income groups.
December 2020 Small Business Optimism Drops Below Index Average In December
The NFIB Small Business Optimism Index declined 5.5 points in December to 95.9, falling below the average Index value since 1973 of 98.
Federal Policies In Response To Declining Entrepreneurship
Entrepreneurship is beneficial to the economy in many ways. Policymakers may therefore be concerned about its continued decline over the past four decades and the implications for economic growth.
Brexit: The EU Outmaneuvered The UK
The future trade and political relations between the two sides will not serve any of the goals of the UK that are either rational or that fulfill the populist policies that exiting the EU was supposed to achieve.
COVID-19 Worldwide Numbers Update - January 2, 2021
As of the last week of 2020, worldwide cases of positive tests have reached 80,177,400, with seventh consecutive week of above 4 million new cases reported on a weekly basis.
Mexico's Economy Rebounds Outlook Revised Up
Mexico’s gross domestic product (GDP) grew an annualized 58.0 percent in third quarter of 2020.
The TPP Was All But Dead - Now DC Think Tanks Are Quietly Urging Biden To Bring It Back
The Trans-Pacific Partnership was dead and buried. But now, with the imminent arrival of the new Biden administration, many of the most influential policy groups in Washington are quietly trying to resurrect it.
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