Diamond News Archives
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The cost of buying cooperation for climate change has skyrocketed.
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- Category: News Archives
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Confident consumers have swallowed higher supermarket prices so far this year, but the risk of indigestion is growing. For companies that make staple goods, asking for more money is delicate.
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- Category: News Archives
- Hits: 441
In its latest GDPNow forecast published moments ago, the Atlanta Fed slashed its estimate for real GDP growth in the third quarter of 2021 to just 0.5%, down from 1.2% on October 15, from 6% about two months ago, and down from 14% back in May.
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- Category: News Archives
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The Covid-19 pandemic may have bloated public debt to levels already pushing some governments to consider consolidation, but that’s nothing compared to the fiscal difficulties brewing in the coming decades, the OECD said.
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- Category: News Archives
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Government bureaucrats have accomplished what Central Bankers have failed to do. For decades, Central Banks have attempted to “create inflation.” They’ve cut interest rates over 800 times. They’ve printed over $20 TRILLION in new money. They’ve even tried buying every asset you can name (corporate bonds, municipal bonds, student loans, auto loans, Treasuries, Mortgage-Backed Securities, etc.).
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