Pinboard (asterisk2a)
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recent bookmarks from asterisk2a(10204) Are We Destined for a Slow Growth Future? - YouTube2018-07-18T22:08:09+00:00
https://www.youtube.com/watch?v=vUj8ppAcJ9Q
asterisk2asecular stagnation Brexit household debt consumer UK USA loan GFC recovery Productivity output gap economic history leverage underinvestment banking property bubble housing demographic immigration working poor poverty Austerity Trickle-down Gesellschaft DonaldTrump Donald Trump inequality social mobility income Society inflation deflation deflationary debtoverhang debt-servicing OECD IMF ZIRP NIRP QE BOE Fed globalisation globalization trap credit card creditcard creditcrunch student autohttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:8150a9e5635e/How Trump Could Cause the Economic Meltdown - YouTube2017-01-25T01:35:45+00:00
https://www.youtube.com/watch?v=2vO3h3Geh48
asterisk2aDonaldTrump Donald Trump Co-Op wealth redistribution Precariat working poor Service Sector USA income growth wage CEO pay WallStreet shareholder stakeholder GFC squeezed middle class poverty trap Consumer Debt household debtoverhang discretionary spending disposable AI Robotics Skidelsky technological Productivity leisure time part-time Obamacare ACA neoliberal neoliberalism crony Capitalism Exploitationhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:18a0fd2f4a1c/Debt: Why more people are pressing the bankruptcy button - BBC News2017-01-21T19:44:54+00:00
http://www.bbc.co.uk/news/business-38668084
asterisk2aconsumer debt debtoverhang household discretionary spending UK disposable income credit binge card materialism Consumerism consumerist Status Anxiety mental health rat racehttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:8b0c4f08fd73/UK credit binge approaching levels not seen since 2008 crash | Business | The Guardian2017-01-04T23:16:12+00:00
https://www.theguardian.com/business/2017/jan/04/uk-credit-cards-borrowing-debt-economic-crash-fears
asterisk2acredit card car loan consumer debt household mortgage Property bubble UK discretionary spending disposable income wage growth inflation BOE payday auto recovery GFC economic history Consumerism materialism Brexit irrational behavior debtoverhang austerity ZIRP NIRP QEhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:79eb4354a952/German Banks Told To Start Hoarding Cash | Zero Hedge2016-03-04T19:40:55+00:00
http://www.zerohedge.com/news/2016-03-04/revolution-begins-german-banks-told-start-hoarding-cash
asterisk2aRichard Koo aggregate demand austerity fiscal policy Pact Schuldenbremse economic history ZIRP NIRP QE distortion financial repression hunt for yield speculative bubbles speculation Venture Capital Mutual Fund Private Equity reflate reflation recovery GFC debtoverhang liquidity trap zombie banks deleveraging Debt Super Cycle secular stagnation consumer wage squeezed middle class disposable income discretionary spending marginal propensity to consume tax evasion avoidance oligarchy plutocracy Rich 1% household car loan credit card student Bubble generation rent OMT job creation Service Sector Jobs working poor precarious work Precariat Zero Hour Contract Contractor Leiharbeit Zeitarbeit Agenda 2010 low pay TLTRO LTRO monetary transmission mechanism velocity of moneyhttps://pinboard.in/u:asterisk2a/b:c7771e102797/George Osborne warns of further spending cuts in Budget - BBC News2016-02-26T19:04:03+00:00
http://www.bbc.co.uk/news/uk-politics-35672158
asterisk2aUK secular stagnation austerity Richard Koo Japan economic history dogma ideology IMF OECD ChristineLagarde economists Paul Krugman Joseph Stiglitz Robert Reich David Cameron Tories nasty party recovery aggregate demand Conservative macroeconomic policy microeconomic fiscal monetary Mark Carney BOE City of London HMRC tax evasion avoidance self-employment corporate rate Service Sector Jobs working poor multiplier precarious work Precariat low pay income credit housing benefit income-based JSA Zero Hour Contract Contractor wage DWP Iain Duncan Smith skills gap STEM productivity output Manufacturing industrial neoliberalism neoliberal trickle-down economics Chicago School JohnMaynardKeynes keynes Keynesianism Pact Schuldenbremse Wolfgang Schäuble Angela Merkel European Union property bubble apprenticeships value creation added underinvestment productive investment infrastructure competitiveness marginal cost energy price Hinkley Point C nuclear power waste subsidies subsidizing welfare lobbyist lobby Lobbyinhttps://pinboard.in/u:asterisk2a/b:e0a734495fef/Money talks: Clutching at straws by The Economist2016-02-19T01:08:28+00:00
https://soundcloud.com/theeconomist/money-talks-clutching-at-straws
asterisk2aMarioDraghi centralbanks ECB unconventional monetary policy ZIRP NIRP QE OMT TLTRO LTRO deflationary deflation consumer confidence Bundesbank European Union zombie banks Germany recovery refugee crisis Wolfgang Schäuble Angela Merkel fiscal austerity liquidity trap Richard Koo Schuldenbremse Pact stimulus OECD IMF sovereign debt PIGS distortion hunt for yield speculative bubbles unknown unkown unintended consequences Career Politicians short-termism BIS economic history velocity of money supply moneysupply M3 transmission mechanism balance sheet recession debtoverhang deleveraging risk aversion secular stagnation babyboomers ageing population demographic bubble France Niall Ferguson youth unemployment Sozialpolitik Integrationspolitik Soziale Marktwirtschaft underinvestment productive investment output gap productivity Gini coefficient inequality tax evasion avoidancehttps://pinboard.in/u:asterisk2a/b:876469e3112e/What Really Caused the Crisis and What to Do About It - YouTube2016-02-16T23:36:44+00:00
https://www.youtube.com/watch?v=hmMSmKO1U-8
asterisk2abank crisis JohnMaynardKeynes keynes Keynesianism book Richard Koo aggregate demand austerity liquidity trap deleveraging balance sheet recession debtoverhang GFC recovery secular stagnation western world dogma ideology underinvestment productive investment infrastructure monetary policy theory trickle-down economics neoliberalism neoliberal budget deficit economic history credit bubble output gap productivity inflation targeting nominal GDP asset allocation banking zombie banks retail financial product CDS CDO hunt for yield VAR risk aversion deflationary deflation ZIRP NIRP QE debt monetisation monetization Glass-Steagall self-regulation regulators regulation leverage margin trading property arbitrage speculative bubbles UK USA Europe ECB Fed BOE consumer squeezed middle class corporations NPL junk bond realestate macroprudential mortgage market equilibrium disequilibrium Economist economists Adair Turner hayekhttps://pinboard.in/u:asterisk2a/b:57ed1a1924f4/Help-to-buy loan scheme nets Treasury £213m in paper profit | Money | The Guardian2016-02-15T18:34:19+00:00
http://www.theguardian.com/money/2016/feb/15/help-to-buy-loan-scheme-nets-treasury-213m-in-paper-profit
asterisk2aproperty bubble UK speculative bubbles Housing Crisis affordable social Help to Buy Scheme Right Buy-to-Let Save budget deficit austerity constituency Party Funding babyboomers BOE macroprudential policy mortgage market ZIRP NIRP QE hunt for yield distortion financial repression household debt consumer credit card Generationengerechtigkeit generation rent fairness asset allocation NPL subprime Payday Loans car loan student Tories fiscal monetary error folly Conservative nasty short-termism voter turnout disenfranchise disenfranchised David Cameron George Osborne underinvestment infrastructure investment productive recovery Richard Koo balance sheet recession deleveraging debtoverhang zombie banks corporations secular stagnation Privatisation trickle-down economics dogma ideology GFC bank bailout subsidies subsidizing corporate welfarehttps://pinboard.in/u:asterisk2a/b:eb2ca186639d/Beware the Minuses of Negative Interest Rates2016-02-15T15:42:14+00:00
http://www.barrons.com/articles/beware-the-minuses-of-negative-interest-rates-1454543139
asterisk2asecular stagnation emerging middle class demographic bubble ageing population western world ZIRP NIRP QE distortion liquidity trap New Normal financial repression GFC economic history Richard Koo consumer debt squeezed household credit card car loan business confidence student Super Cycle servitude mortgage market asset speculative bubbles hunt for yield hot-money equity bond property BRIC China disposable income discretionary spending Frontier Markets UK USA Europe Japan Abenomics Niall Ferguson Paul Krugman Joseph Stiglitz Gini coefficient inequality distribution mobility wage growth tax evasion avoidance Wall Street profit maximisation shareholder value underinvestment austerity productivity output gap public investment productive infrastructure STEM R&D competitiveness Robert Reich balance sheet recession deleveraging debtoverhang zombie banks corporations macroprudential policy miltonfriedman JohnMaynardKeynes keynes Keynesianism Fiscal Pact monetary Schuldenbremse unconventional QT Taper money supply vehttps://pinboard.in/u:asterisk2a/b:efeaa37a2679/Interview With Mohamed El-Erian: Masters in Business (Audio) by Bloomberg View2016-02-15T12:36:41+00:00
https://soundcloud.com/bloombergview/interview-with-mohamed-el
asterisk2aNew Normal financial repression NIRP ZIRP QE economic history secular stagnation GFC credit bubble book western world emerging middle class debtoverhang Richard Koo deleveraging debt servitude Super Cycle household consumer card car loan student KennethRogoff carmenreinhart sovereign crisis austerity Paul Krugman Gini coefficient inequality Joseph Stiglitz distortion monetary policy fiscal transmission mechanism liquidity trap unconventional theory system retirement demographic ageing population far-right Rechtsextremismus Rechtsruck zombie corporations banks Pact Schuldenbremse tax avoidance evasion inflation targeting expectation nominal GDP reflate reflation trust trustagent distrust business confidence public sentiment perception bank bailout Japan Abenomics AIIB IMF China BRIC self-regulation Great Moderationhttps://pinboard.in/u:asterisk2a/b:5a12fd81d01f/What's holding back the world economy? | Business | The Guardian2016-02-09T20:10:48+00:00
http://www.theguardian.com/business/2016/feb/08/whats-holding-back-world-economy-joseph-e-stiglitz
asterisk2aJoseph Stiglitz secular stagnation reflate reflation austerity QE ZIRP NIRP TARP TLTRO LTRO zombie banks corporations consumer Richard Koo debt household car loan credit card Student Bubble disposable income discretionary spending squeezed middle class Precariat low pay wage growth USA UK Europe western world mortgage market NPL servitude underinvestment productive investment infrastructure economic history policy folly error corporate welfare tax evasion avoidance Gini coefficient distribution social mobility poverty trap inequality recovery job creation Service Sector Jobs distortion financial repression speculative bubbles hunt for yield asset equity VIX volatility Help to Buy Scheme monetary liquidity fiscal debtoverhang deleveraging balance sheet recession confidence business productivity output gap aggregate demand redistribution repo transmission mechanism system GFC banking crisis retail hot-money Frontier Markets emerging BRIC rent-seeking rentier carbon damagehttps://pinboard.in/u:asterisk2a/b:c1d7d1bbf12a/'Panic situation': Asian stocks tumble amid fears of new global recession | Business | The Guardian2016-02-09T18:53:29+00:00
http://www.theguardian.com/business/2016/feb/09/panic-situation-as-asian-stocks-tumble-amid-fears-of-new-global-recession
asterisk2aglobal economy 2016 secular stagnation austerity monetary policy fiscal Taper ZIRP QE NIRP liquidity trap western world credit bubble China BRIC Oil price emerging middle class squeezed household debt consumer debtoverhang deleveraging balance sheet recession Richard Koo USA UK Europe economic history card car loan servitude disposable income discretionary spending reflate reflation VIX volatility speculative bubbles property distortion asset allocation equity hunt for yield IMF OECD Frontier Markets market bond Fed BOE ECB Abenomics BOJhttps://pinboard.in/u:asterisk2a/b:6587c0483b07/As growth falters, Osborne hopes Mark Carney can keep a lid on interest rates | Business | The Guardian2016-02-07T10:50:05+00:00
http://www.theguardian.com/business/2016/feb/07/uk-gdp-falters-chancellor-keep-interest-rates-low-mark-carney
asterisk2aGeorge Osborne secular stagnation 2016 2015 Mark Carney BOE consumer debt household mortgage market subprime credit card zombie UK GDP output gap productivity job creation Service Sector Jobs recovery economic history austerity underinvestment business investment public fiscal policy monetary Richard Koo Paul Krugman David Cameron nasty party Conservative Tories short-termism bubble debtoverhang servitude disposable income discretionary spending marginal propensity to consume Funding 1% financial repression New Normal constituency babyboomers oligarchy Gini coefficient distribution inequality plutocracy Super Rich tax evasion avoidance corporate welfare subsidies subsidizing growth low pay wage precarious work Precariat free rate minimum budget2015 Food Bank foreign direct productive infrastructure demographic western world USA European Union ageing population CapEx Capital Expenditure corporations bankshttps://pinboard.in/u:asterisk2a/b:6d4bf762f385/More Evidence Supporting the House of Debt | House of Debt2016-02-07T04:06:08+00:00
http://houseofdebt.org/2014/08/08/more-evidence-supporting-the-house-of-debt.html
asterisk2asecular stagnation consumer debt mortgage market household USA UK recovery GFC credit card servitude debtoverhang Richard Koo student loan Super Cycle monetisation monetization private fiscal policy monetary book marginal propensity to consume consumerist consumerism zombie discretionary spending disposable income negative equity job creation precarious work Precariat low pay Service Sector Jobs job-creation squeezed middle class Elizabeth Warren distribution inequality Gini coefficient mobility social American Dream post-racial America Joseph Stiglitz Thomas Piketty Paul Krugman part-time Zero Hour Contract Contractor growth economic history Rich 1% austerity oligarchy plutocracy stimulus budget deficit corporate welfare tax avoidance evasion rate subsidies subsidizing state safety net western world trickle-down economics neoliberalism neoliberal Chicago School bubble liquidity trap balance sheet recession deleveraginghttps://pinboard.in/u:asterisk2a/b:06c25199c96d/Christine Lagarde: Housing is key issue for security of UK economy - BBC News2016-02-05T02:10:05+00:00
http://www.bbc.co.uk/news/uk-35069521
asterisk2aUK Housing Crisis property bubble generation rent speculative bubbles Buy to macroprudential policy fiscal planning law monetary mortgage market austerity budget deficit neoliberalism IMF OECD neoliberal trickle-down economics economic history ChristineLagarde Privatisation affordable social discretionary spending disposable income consumer debt household credit card car loan secular stagnation wage squeezed middle class Precariat working poor job creation Service Sector Jobs low pay minimum Zero Hour Contract part-time Contractor recovery productivity output gap servitude debtoverhang liquidity trap Richard Koohttps://pinboard.in/u:asterisk2a/b:f325ae9bc951/Amid market turmoil and confusion, there are four key economic trends shaping society2016-02-03T03:46:29+00:00
http://www.newstatesman.com/politics/economy/2016/02/amid-market-turmoil-and-confusion-there-are-four-key-economic-trends
asterisk2aeconomic history secular stagnation inflation targeting nominal GDP fiscal policy monetary wage growth squeezed middle class job creation Service Sector Jobs low pay income minimum UK Mark Carney austerity tax credit housing benefit working debt servitude Super Cycle Richard Koo liquidity trap transmission mechanism stimulus debtoverhang balance sheet recession deleveraging household consumer card western world disposable discretionary spending distribution Gini coefficient Rich 1% inequality redistribution evasion avoidance system theory student loan Bubble monetisation monetization zombie banks velocity Niall Ferguson NPL junk bond corporations ZIRP NIRP QE Taper China BRIC output gap productivity industrial public investment productive business infrastructure property financial repression speculative bubbles asset allocation Generationengerechtigkeit fairness money supply faultlines global imbalances recovery poor Precariathttps://pinboard.in/u:asterisk2a/b:278a3a2dced1/Adam Posen: What Japan and the UK Demonstrate about Macroeconomic Stimulus - YouTube2016-01-30T03:43:50+00:00
https://www.youtube.com/watch?v=8Ko9tcdWY90
asterisk2aAbenomics economic history secular stagnation UK austerity Japan BOE BOJ Mark Carney deflationary deflation demographic bubble ageing population migration immigration Sozialpolitik Integrationspolitik Paul Krugman JGB ZIRP NIRP QE liquidity trap balance sheet recession Richard Koo deleveraging ECB TLTRO LTRO debt monetisation monetization monetary policy transmission mechanism stimulus theory unconventional system financial repression distortion speculative bubbles creditrating creditrisk junk bond NPL credit recovery George Osborne Fiscal Pact Schuldenbremse Super Cycle sovereign crisis debtoverhang currency-war currency debasement war current account deficit trade IMF OBR foreign direct investment Conservative Party nasty fairness Generationengerechtigkeit folly errorhttps://pinboard.in/u:asterisk2a/b:bf6c1d1cc83e/Bank of Japan shocks markets by adopting negative interest rates | World news | The Guardian2016-01-29T17:17:17+00:00
http://www.theguardian.com/world/2016/jan/29/bank-of-japan-shocks-markets-by-adopting-negative-interest-rates
asterisk2aECB BOJ ZIRP NIRP QE debt monetisation monetization monetary policy transmission mechanism theory unconventional stimulus system deposit levy MarioDraghi Abenomics economic history deleveraging debtoverhang balance sheet recession GFC recovery Yen Euro credit bubble liquidity trap distortion asset allocation equity speculative bubbles bond property New Normal financial repression faultlines global economy structural imbalance imbalances demographic ageing population Japan UK secular stagnation western world inflation expectation targeting nominal GDP deflation Sweden Switzerland China Yuan JGB 2016 USA Europe sovereign crisis austerity business confidence consumer Super Cycle currency-war currency debasement warhttps://pinboard.in/u:asterisk2a/b:58f5fa2e9c35/Sluggish economies are the new western norm. But we can act to lift the gloom | Gavin Kelly | Opinion | The Guardian2016-01-24T23:02:36+00:00
http://www.theguardian.com/commentisfree/2016/jan/24/britain-low-growth-economy
asterisk2asecular stagnation ZIRP NIRP QE underinvestment Richard Koo Richardkoo productive investment public austerity IMF OECD sovereign debt crisis debtoverhang household consumer economic history trickle-down economics neoliberalism neoliberal balance sheet recession reflate reflation equity bubble propertyhttps://pinboard.in/u:asterisk2a/b:a9bbb04041c0/Why is the pound falling so sharply? - BBC News2016-01-20T15:16:03+00:00
http://www.bbc.co.uk/news/business-35343792
asterisk2aUK BOE Taper ZIRP NIRP QE liquidity trap debtoverhang consumer debt household credit card mortgage market industrial policy austerity monetary fiscal Richard Koo zombie banks corporations transmission mechanism theory unconventional Mark Carney MPC energy price competitive competitiveness STEM underinvestment tax evasion avoidance corporate welfare rate subsidies subsidizing secular stagnation immigration migration job creation low income Service Sector Jobs recovery GFC bank bailout budget deficit London Scottish Independence referendum Devolution Brexit uncertainty unknown unkown global economy bubble servitude Super Cycle student loan baddebt NPL private economic history Niall Ferguson democracy Rich 1% oligarchy plutocracy Gini coefficient inequality social mobility Precariat Zero Hour Contract precarious work Contractor pay minimum wage George Osborne Tories dogma ideology Conservative Party neoliberalhttps://pinboard.in/u:asterisk2a/b:9edb3f85628f/Carney: No need for interest rate rises now - BBC News2016-01-19T18:21:52+00:00
http://www.bbc.co.uk/news/business-35351217
asterisk2aFed BOE 2016 Taper UK USA monetary policy Mark Carney mandate productivity output gap inflation expectation targeting nominal GDP deflationary deflation Oil price commodity prices wage secular stagnation economic history austerity fiscal property bubble consumer debt household credit card mortgage market ZIRP NIRP QE private corporate Europe ECB China 2015 global economy BRIC OPEC aggregate demand Richard Koo overcapacity Supply and liquidity trap transmission mechanism stimulus theory unconventional monetisation monetization zombie corporations banks debtoverhang balance sheet recession deleveraging margin trading speculative bubbles equity Super Cycle servitude leverage George Osborne dogma ideology neoliberalism neoliberal faultlines imbalances distortion emerging middle class Frontier Markets sovereign crisis unintended consequences unknown unkown QT financial repression New Normalhttps://pinboard.in/u:asterisk2a/b:6fcbb96b6a0b/Meet the Renegades Steve Keen - YouTube2016-01-18T16:59:39+00:00
https://www.youtube.com/watch?v=KIaXVntqlUE
asterisk2asecular stagnation private debt household consumer credit card UK USA Japan economic history car loan GFC bubble servitude confidence junk bond NPL ZIRP NIRP QE monetary policy fiscal Richard Koo student debtoverhang deleveraging balance sheet recession mortgage market trade deficit current account austerity dogma neoclassical economics book ideology margin trading leverage western world Hegemony China Super Cyclehttps://pinboard.in/u:asterisk2a/b:9d60022e7843/BBC Documentary - The Money Trap - How Banks Control the World Through Debt - YouTube2016-01-17T15:56:27+00:00
https://www.youtube.com/watch?v=Fg4VhALXgwE
asterisk2aretail banking investment CDO CDS subprime credit card debt financial literacy household mortgage market Payday Loans exploitation servitude student loan Bubble property ethics moral beliefs revolving consumer debtoverhang Super Cycle private status symbol instant gratification anxiety socioeconomic zombie consumerist consumerism Protection overdraft materialism crony capitalism NPL NINJA Wall Street profit maximisation shareholder value bonuses bonus incentive creditrating creditrisk score self-regulation Bank Oversight instruments derivativeshttps://pinboard.in/u:asterisk2a/b:9fae5ecae3df/This Is What Janet Yellen Thinks Is The "Worst-Case Scenario" For The U.S. | Zero Hedge2016-01-17T14:52:22+00:00
http://www.zerohedge.com/news/2016-01-15/what-janet-yellen-thought-worst-case-scenario-us
asterisk2aJanet Yellen Japan secular stagnation deflationary deflation debtoverhang debt servitude consumer household credit card squeezed middle class working poor Precariat precarious work Zero Hour Contract part-time disposable income discretionary spending economic history Abenomics equity bubble bail-in speculative bubbles distortion ZIRP NIRP QEhttps://pinboard.in/u:asterisk2a/b:e2d5331a9860/The Great Unraveling Looms - Blame The 'Austrians'? | Zero Hedge2016-01-17T13:47:34+00:00
http://www.zerohedge.com/news/2016-01-16/great-unraveling-looms-blame-austrians
asterisk2acredit bubble economic history BIS GFC QE ZIRP NIRP distortion squeezed middle class secular stagnation working poor card debt household property consumer monetary policy liquidity trap stimulus theory unconventional system China USA subprime car loan servitude discretionary spending disposable income Student Super Cycle debtoverhang sovereign crisis monetisation monetization Fed ECB BOE Japan BOJ Abenomics nominal GDP targeting inflation wage growth distribution inequality low redistribution Gini coefficient Rich 1% plutocracy oligarchy group think tank vested interest groups lobbyist lobby Lobbying revolving door Career Politicians No Representation social democracyhttps://pinboard.in/u:asterisk2a/b:1ef65069ca0f/The Deflation Monster Has Arrived | Zero Hedge2016-01-17T13:21:40+00:00
http://www.zerohedge.com/news/2016-01-16/deflation-monster-has-arrived
asterisk2adeflationary deflation debt servitude credit bubble squeezed middle class working poor secular stagnation UK USA Europe western world Precariat precarious work household Richard Koo GFC China recovery property subprime economic history neoliberalism neoliberal Wall Street shareholder value profit maximisation capitalism crony exploitation Super Cycle consumer card car loan student debtoverhang NPL sovereign crisis private monetisation monetization ZIRP NIRP QE bank bailout distortion capital allocation asset speculative bubbles financial repression 2016 2015 fiscal policy monetary fiat money currency trust distrust trustagenthttps://pinboard.in/u:asterisk2a/b:e8ed44af2a82/Why are we looking on helplessly as markets crash all over the world? | Will Hutton | Opinion | The Guardian2016-01-17T12:27:09+00:00
http://www.theguardian.com/commentisfree/2016/jan/17/china-economic-crisis-world-economy-global-capitalism
asterisk2aChina credit bubble speculative bubbles equity BRIC 2015 2016 self-regulation capitalism crony Wall Street shareholder value profit maximisation Gig Economy Zero Hour Contract squeezed middle class secular stagnation western world aggregate demand consumer debt debtoverhang Richard Koo economic history balance sheet recession household card car loan mortgage market working poor poverty trap Gini coefficient social mobility income inequality plutocracy oligarchy Super Rich 1% ZIRP NIRP QE distortion George Osborne dogma ideology David Cameron neoliberalism neoliberal globalisation globalization exploitation borderless flat USA UK austerity fiscal policy monetary liquidity servitude wage shared interest NPL shadow banking Career Politicians No Representation democracy Generationengerechtigkeithttps://pinboard.in/u:asterisk2a/b:0d2fe5c4a4b6/"Markets Crash When They're Oversold" | Zero Hedge2016-01-15T14:51:43+00:00
http://www.zerohedge.com/news/2016-01-14/markets-crash-when-theyre-oversold
asterisk2aOil price shale gas fracking job creation USA 2016 Service Sector Jobs Manufacturing globalization globalisation neoliberalism neoliberal borderless flat world economic history UK low income wage stagnation growth disposable discretionary spending consumer debt squeezed middle class household property bubble working poor precarious work Precariat security market jobcreation job-creation recovery GFC dogma ideology austerity tax evasion avoidance corporate welfare subsidies subsidizing lobbyist lobby Lobbying trade agreement TPP TTIP NAFTA CETA European Union sovereign crisis credit China BRIC structural imbalance global imbalances faultlines 2015 presidency barackobama ZIRP NIRP QE George Osborne private debtoverhang servitude student loan card car liquidity trap Richard Koo balance sheet recession deleveraginghttps://pinboard.in/u:asterisk2a/b:2749ea59115c/Börse: Warum Schwellenländer für die Kurskrise sorgen - Kolumne - SPIEGEL ONLINE2016-01-15T13:23:25+00:00
http://www.spiegel.de/wirtschaft/unternehmen/wolfgang-muenchau-ueber-die-stimmung-der-maerkte-kolumne-a-1072145.html
asterisk2atrade deficit BRIC credit bubble western world secular stagnation macroeconomic policy China Japan Germany UK USA Brazil commodity prices Oil price NPL shadow banking economy crisis ZIRP NIRP QE QT speculative bubbles property mortgage market Fed BOE ECB European Union sovereign debt household consumer card car loan private corporate tax evasion avoidance austerity welfare subsidies subsidizing Russia OPEC aggregate demand liquidity trap Richard Koo Richardkoo debtoverhang balance sheet recession servitude student Super Cycle monetisation monetization discretionary spending disposable income squeezed middle class precarious work Precariat working poor neoliberalism neoliberal globalization globalisation borderless flat agreement Hegemony TPP TTIP TISA CETA NAFTA Africa South global current account Frontier Markets faultlines structural imbalance imbalances Taper reflate reflation equity Abenomics economic history India irrational exuberance Robert Shiller inequality Gini coefficient deflationaryhttps://pinboard.in/u:asterisk2a/b:6c0fffb624b9/Plan to end student grants without Commons vote outrages opposition | Politics | The Guardian2016-01-14T05:45:34+00:00
http://www.theguardian.com/education/2016/jan/13/plan-to-end-student-grants-without-commons-vote-outrages-opposition
asterisk2asocial mobility income Gini coefficient household debt discretionary spending disposable student loan Bubble poverty trap child tax credit education policy post code lottery affordable housing University College Maintenance Allowance Grant NHS Bursaries Career Politicians No Representation democracy bank bailout austerity GFC fairness Generationengerechtigkeit budget2015 nasty party Tories Conservative George Osborne David Cameron Manifesto general election 2015 campaign promises babyboomers Super Cycle 2016 servitude consumer card debtoverhang fiscal economic history moral beliefs ethics Toff Privileged Establishment inequality Rich 1% plutocracy oligarchy squeezed middle class working poor Precariat Crisis cost of living lowhttps://pinboard.in/u:asterisk2a/b:eed03123c00b/Auto Sales Are About To Choke: Increase In Non-Revolving Credit Is Smallest In 4 Years | Zero Hedge2016-01-13T01:24:24+00:00
http://www.zerohedge.com/news/2016-01-08/auto-sales-are-about-choke-increase-non-revolving-credit-smallest-4-years
asterisk2aUSA car loan 2015 credit card debt consumer household private student Bubble debtoverhang ZIRP NIRP QE China 2016 economic history recoveryhttps://pinboard.in/u:asterisk2a/b:daebaa786a13/Why The Crash of 2016 Will Happen... - YouTube2016-01-12T00:17:09+00:00
https://www.youtube.com/watch?v=06WOhNgXBZw
asterisk2abook Super Rich 1% plutocracy corporate state media Wall Street lobbyist lobby Lobbying vested interest groups revolving door Career Politicians No Representation social democracy Wertegesellschaft Wegwerfgesellschaft squeezed middle class neoliberalism 2016 neoliberal working poor Precariat wage stagnation secular western world scandal tax evasion avoidance corruption bribery Greed GFC bank bailout austerity fairness Generationengerechtigkeit code Rechtsruck far-right Rechtsextremismus refugee crisis symptom Xenophobia Islamophobia Gini coefficient inequality income mobility poverty trap welfare safety net USA Hegemony China UK Debt Cycle post-racial America crony capitalism shared economic damage Europe PIGS sovereign consumer household ZIRP NIRP QE IMF financial repression speculative bubbles property bubble New Normal fiscal policy monetary globalization globalisation flat borderless free trade debtoverhang credit card car loan mortgage market oligarchyhttps://pinboard.in/u:asterisk2a/b:95b42d53690e/Student nurses and midwives protest over grants cut - BBC News2016-01-09T19:32:00+00:00
http://www.bbc.co.uk/news/uk-35263402
asterisk2abudget2015 PR Positioning spin doctor George Osborne Jeremy Hunt austerity NHS staff shortage morale locum tories nasty party Conservative David Cameron general election 2015 campaign promises constituency babyboomers Generationengerechtigkeit education policy social mobility income Gini coefficient student loan debt Bubble Maintenance Allowance Grant poverty trap disposable discretionary spending servitude consumer credit card debtoverhang Super Cycle household private UK output gap recovery 2016 sovereign crisis Privatisationhttps://pinboard.in/u:asterisk2a/b:dd1be3e8e8da/Thomas Piketty on Capitalism, Corbyn and why Zuckerberg is getting it wrong - BBC Newsnight - YouTube2016-01-08T20:27:02+00:00
https://www.youtube.com/watch?v=X6frECZhxJA
asterisk2a deleveraging > debt servitude > lower consumption rate > cratering UK economy as ~70% of UK economy is based on consumption. // blaming others (ISIS) for radicalization. but who put them in this place to be radicalized, in the first place? inequality, youth unemployment. // COP21, western world do not face their historical obligation! // world wealth and income database - www.wid.world]]>philanthropy Thomas Piketty Mark Zuckerberg Bill Gates social mobility income Gini coefficient meritocracy meritocratic Alain de Botton UK George Osborne property bubble tax code progressive taxation Help to Buy Scheme Rent rent-seeking rentier generation GFC bank bailout austerity fairness Generationengerechtigkeit Tories Conservative Party David Cameron budget2015 inequality youth unemployment radicalization islamic radicalism radicalisation Islamophobia ISIS disenfranchise disenfranchised Perspective Perspektivlosigkeit COP21 debt servitude Super Cycle household private credit card car loan consumer debtoverhang 2015 2016 fiscal policy Makers vested interest groups monetary ZIRP NIRP QE distortion Rich 1% plutocracy democracy No Representation Career Politicians constituency babyboomers general election campaign promises Manifestohttps://pinboard.in/u:asterisk2a/b:9936224f2381/Perfect Storm!? | Zero Hedge2016-01-08T02:42:05+00:00
http://www.zerohedge.com/news/2016-01-07/perfect-storm
asterisk2a2015 2016 China consumer debt Super Cycle household mortgage market property bubble ZIRP NIRP QE monetisation monetization fiscal policy austerity monetary credit card car loan servitude corporate sovereign crisis debtoverhang balance sheet recession economic history Taper Fed BOE ECB PBOC output gap globalisation globalization borderless secular stagnation western world OPEC Oil price commodity prices flat BRIC leveragehttps://pinboard.in/u:asterisk2a/b:3229c3e46e28/Osborne warns of 'dangerous cocktail' of economic risks - BBC News2016-01-07T19:51:55+00:00
http://www.bbc.co.uk/news/business-35249887
asterisk2aGeorge Osborne Career Politicians PR spin doctor budget2015 Tories Conservative Party nasty austerity underinvestment productive investment productivity output gap job creation wage growth consumer debt household Positioning energy policy competitiveness renewable corporate welfare tax rate Generationengerechtigkeit fairness subsidies subsidizing NHS Jeremy Hunt David Cameron general election 2015 campaign promises Manifesto constituency babyboomers Opportunism opportunist Oil price bank bailout fiscal monetary Housing Crisis affordable generation rent property bubble NPL mortgage market car loan credit card budget deficit balance sheet current account trade borderless flat world globalisation globalization servitude debtoverhang student private sovereign Maintenance Grant Education Allowance ZIRP NIRP QE distortion BOE Buy-to-Let Help to Buy Schemehttps://pinboard.in/u:asterisk2a/b:98672d9f1c28/Economy concerns as household debt rises to £40bn in latest figures | Business | The Guardian2015-12-23T04:17:51+00:00
http://www.theguardian.com/uk-news/2015/dec/22/economy-concerns-as-household-debt-rises-to-40bn-in-latest-figures
asterisk2aeconomic growth austerity trickle-down economics underinvestment George Osborne nasty party Tories Conservative neoliberalism neoliberal budget deficit Student Maintenance Grant Education Allowance debt loan Bubble generation rent Generationengerechtigkeit fairness policy Liberal Democrats household consumer squeezed middle class working poor credit card car Precariat precarious work child tax wage stagnation income inequality Gini coefficient rat race status anxiety symbol servitude debtoverhang sovereign crisis Super Cycle ZIRP NIRP mortgage market property hunt for yield QE New Normal macroprudential macroeconomic microeconomic monetisation monetization private Privatisationhttps://pinboard.in/u:asterisk2a/b:d99c8e9d8fd0/The roof is being fixed but beware the house crashing beneath it | Business | The Guardian2015-12-07T16:51:19+00:00
http://www.theguardian.com/business/2015/dec/06/geiorge-osborne-roof-being-fixed-beware-house-crash-beneath
asterisk2ahousehold debt consumer zombie recovery credit card materialism status anxiety USA UK Super Cycle debtoverhang mortgage market Housing Crisis servitude NPL property bubble speculative bubbles ZIRP NIRP QE BOE Buy-to-Let Help to Buy Scheme Right student loan private economic growth GFC fiscal policy austerity industrial underinvestment productive investment competitive competitiveness George Osborne dogma ideology neoliberalism neoliberal David Cameron Tories nasty party Conservative history energy price STEM Manufacturing diversity microeconomic macroeconomic Amber Rudd monetisation monetization secular stagnation disposable income discretionary spending squeezed middle class working poor consumerist consumerism trickle-down economics symbol affordable social budget2015 marginal propensity consume Precariat taxhttps://pinboard.in/u:asterisk2a/b:4cf73408ad58/Blackrock-Vize Hildebrand kritisiert europäische Behörden - SPIEGEL ONLINE2015-11-23T20:26:57+00:00
http://www.spiegel.de/wirtschaft/unternehmen/blackrock-vize-hildebrand-kritisiert-europaeische-behoerden-a-1063828.html
asterisk2aVW bank bailout FIFA corporate scandal Volkswagen sovereign debt crisis too big to bail Grexit European Union secular stagnation self-regulation regulation regulators deregulation accountability white-collar crime banking investment retail recovery MarioDraghi ECB NIRP ZIRP TLTRO LTRO QE GFC economic history debtoverhang Richard Koo fiscal monetary Brussels lost decade lostgeneration generation Generationengerechtigkeit austerity Pact Schuldenbremse underinvestment productive ageing population demographic bubble squeezed middle class emerging discretionary spending Sozialer Abstieg income distribution disposable Brexit credit BRIC market Developing World western Niall Fergusonhttps://pinboard.in/u:asterisk2a/b:b7db2651a257/▶ BBC Radio 5 live - In Short, Bank of England: Rate rise won't solve housing problems2015-11-10T20:13:35+00:00
http://www.bbc.co.uk/programmes/p03784zg
asterisk2amacroprudential policy Housing Crisis UK mortgage market ZIRP NIRP QE distortion subprime debtoverhang household debt private credit card consumer 2015 recovery BOE monetary fiscal economic historyhttps://pinboard.in/u:asterisk2a/b:ced4963a8b6d/SNP conference: John Swinney to give Scottish councils business rate powers - BBC News2015-10-16T16:33:32+00:00
http://www.bbc.co.uk/news/uk-scotland-scotland-politics-34546277
asterisk2acorporate tax rate neoliberalism neoliberal Devolution George Osborne SNP Scotland England Wales Northern Ireland welfare subsidies subsidizing austerity Public Services Social budget2015 budget deficit elderly care Big Society deprivation community Wall Street profit maximisation shareholder value trickle-down economics economic history UK fiscal policy monetary Richard Koo debtoverhang household debt private consumer code free income aggregate demand Supply and credit card mortgage market Super Cycle servitude PR spin doctor Positioning Tories Conservative Party dogma ideology nasty reframing framing academia academics Niall Ferguson secular stagnation western world fairness GFC Generationengerechtigkeit babyboomers constituency vested interest groups lobbyist lobby Lobbying Makershttps://pinboard.in/u:asterisk2a/b:786d187e9a01/Profit mean reversion and recession | Credit Writedowns2015-10-15T21:56:45+00:00
https://www.creditwritedowns.com/2015/10/profit-mean-reversion-and-recession.html
asterisk2arecovery business cycle financial private debt household consumer Student Loan Bubble car credit card deleveraging Richard Koo debtoverhang austerity fiscal policy economic history monetary job creation Service Sector Jobs western world secular stagnation Niall Ferguson wage growth income distribution Gini coefficient inequality trickle-down economics neoliberalism neoliberal Wall Street bank bailout budget deficit UK USA Schuldenbremse Pact sovereign crisis Positioning mainstreet.org Germany disposable discretionary spending low crony capitalism reflate reflation Career Politicians constituency fairness Generationengerechtigkeit Niedriglohnsektor lobbyist lobby Lobbying corporate welfare tax evasion avoidance social mobility contract political theory Standard American Diet equity ZIRP NIRP QE BRIC BOE Fed mandate BOJ PBOC distortion 2015 ECB Super servitude zombie banks corporations junk bond Taper QT irrational exuberance asset allocation capital speculative bubbles commodity prices Oil price inflation expehttps://pinboard.in/u:asterisk2a/b:eca97778b5cc/UK interest rates held at 0.5% after 8-1 Bank vote - BBC News2015-10-08T13:02:54+00:00
http://www.bbc.co.uk/news/business-34473146
asterisk2aUK BOE MPC austerity wage growth stagnation income distribution disposable low job creation productivity output gap recovery fiscal policy inflation expectation targeting ZIRP NIRP QE Taper monetary 2015 consumer debt household mortgage market car loan Student Bubble credit card zombie Richard Koo debtoverhang servitude Super Cycle balance sheet recession leverage deleveraging margin trading speculative bubbles asset reflate reflation property secular Niall Ferguson global economy USA dogma ideology neoliberalism neoliberal George Osborne Tories Conservative Party constituency babyboomers bank bailout banking crisis Millennials generationyhttps://pinboard.in/u:asterisk2a/b:8dff50b12195/Nomi Prins-Federal Reserve Transition to Destruction - YouTube2015-10-01T18:55:48+00:00
https://www.youtube.com/watch?v=AFMinapKlTA
asterisk2aZIRP NIRP book QE reflate reflation equity bubble credit Taper Richard Koo BRIC China 2015 junk bond trickle-down economics Super Rich 1% property household debt UK USA BOE Fed mandate Janet Yellen Mark Carney MPC monetary policy transmission mechanism excess reserves retail banking secular stagnation wage disposable income distribution inequality Gini coefficient squeezed middle class job creation market labour Niedriglohnsektor Service Sector Jobs recovery GFC benbernanke alangreenspan dot.com speculative bubbles bank bailout crisis leverage margin trading Cycle servitude private monetization monetisation fiscal austerity consumer card car loan debtoverhang economic history zombie banks corporations mainstreet.org Wall Street profit maximisation shareholder value crony capitalism corporate asset correction mortgage libor rigging scandal trust Career Politicians neoliberalism neoliberal FX hot-money currency-war currency debasement war balance sheet recession Niall Ferguson financial repression distortion Prhttps://pinboard.in/u:asterisk2a/b:08ebad32b940/Icahn warns of potential looming catastrophe2015-09-30T19:59:31+00:00
http://www.cnbc.com/2015/09/27/-of-potential-looming-catastrophe.html
asterisk2aasset bubble speculative bubbles reflate reflation ZIRP NIRP QE UK BOE USA Fed mandate equity bond junk Student Loan car credit card household debt private consumer debtoverhang recovery fiscal policy monetary unconventional 2015 BRIC China Brazil GFC bank crisis bailout banking NPL shadow PBOC BOJ Abenomics hot-money currency-war currency debasement war BIS centralbanks ECB excess reserves investment retail liquidity trap FX QT Taper 2016 secular stagnation Richard Koo Niall Ferguson Joseph Stiglitz austerity Paul Krugman Gini coefficient inequality Super Rich 1%https://pinboard.in/u:asterisk2a/b:9044a66b43d5/Homelessness figures: Nearly 100,000 children in England 'homeless' - BBC News2015-09-27T11:56:39+00:00
http://www.bbc.co.uk/news/uk-34346908
asterisk2aUK property bubble Supply and Demand affordable housing social Gini coefficient Generationengerechtigkeit generation rent poverty trap child food austerity Policy Makers dogma ideology neoliberalism neoliberal Tories Conservative Party market Crisis benefit benefits welfare state safety net bank bailout fairness cohesion minority constituency error folly babyboomers tension Toff Establishment Privileged Entitlement general election 2015 campaign promises Help to Buy Scheme excess reserves mortgage Buy-to-Let Right Wall Street shareholder value profit maximisation inequality Funding for Lending macroprudential macroeconomic microeconomics disposable income discretionary spending debtoverhang household debt recovery consumer servitude private Payday Loans Student Loan Millennials generationy secular stagnation low prevention job security labour Niedriglohnsektor Service Sector Jobs creation mobility downward precarious work Precariat working poor University vocational education professional Maintenance Allowanchttps://pinboard.in/u:asterisk2a/b:b95871470448/Fed chief Yellen says US rate rise still likely this year - BBC News2015-09-26T19:17:56+00:00
http://www.bbc.co.uk/news/business-34355192
asterisk2aJanet Yellen Fed mandate inflation expectation targeting secular stagnation western world centralbanks QE ZIRP NIRP Taper QT petrodollar Petroleum Industry commodity prices China credit bubble BRIC Brazil Russia India BIS Richard Koo global economy trade 2015 BOE monetary policy unconventional debtoverhang household debt consumer private card car loan Student deleveraging faultlines Structural Impediments imbalance wage growth squeezed middle class disposable income discretionary spending low distribution inequality Gini coefficient Service Sector Jobs job creation market labour economics Niedriglohnsektor competitive competition flat borderless globalization globalisation recovery fiscal underinvestment productive investment asset FOMO hunt for yield Super Rich 1% hot-money currency-war currency war debasement Dollar speculative bubbles allocation equity distortion irrational exuberance property macroprudential USA UKhttps://pinboard.in/u:asterisk2a/b:d8808a3bb1b0/Borrowing up amid interest rates speculation - BBC News2015-09-24T22:08:00+00:00
http://www.bbc.co.uk/news/business-34345531
asterisk2aproperty bubble mortgage market distortion affordable housing Crisis UK social generation rent Supply and Demand debtoverhang household debt consumer servitude disposable income discretionary spending private 2015 Taper BOE ZIRP NIRP QE Help to Buy Scheme Funding for Lending excess reserves unknown unkown unintended consequences subprime macroprudential policyhttps://pinboard.in/u:asterisk2a/b:f827a66c6ee5/New US subprime boom - but this time it is for cars - BBC News2015-09-24T21:51:00+00:00
http://www.bbc.co.uk/news/business-27251118
asterisk2acredit bubble car loan subprime USA card debt private household servitude debtoverhang consumer student Richard Koo zombie status symbol anxiety consumerist consumerism materialism financial market crisis engineering ABS CDS excess reserves underinvestment productive investment recovery UK western world ZIRP NIRP QE revolving bank bailout banking retail London 2015 GFChttps://pinboard.in/u:asterisk2a/b:7a37638d87ad/Bank of England may cut rates, says chief economist - BBC News2015-09-21T23:44:27+00:00
http://www.bbc.co.uk/news/business-34291815
asterisk2aChina sovereign debt crisis European Union BRIC credit bubble 2015 headwinds Fed mandate BOE bond Taper Richard Koo fiscal policy austerity monetary QE ZIRP NIRP QT British Pound Sterling Dollar petrodollar FX reserves excess liquidity trap GFC economic history trickle-down economics Pact Schuldenbremse George Osborne budget2015 David Cameron industrial underinvestment infrastructure investment productivity output gap STEM Research competitiveness competitive differentiate differentiation shadow banking leverage margin trading speculative bubbles property asset allocation capital hunt for yield FOMO equity Gini coefficient inequality social mobility crony capitalism Wall Street business confidence profit maximisation shareholder value share buyback Niall Ferguson secular stagnation western world deflationary deflation macroprudential microeconomic education fairness Generationengerechtigkeit bank bailout tax evasion avoidance code corporate rate short-term thinking view transmission mechanism stimulus unconvehttps://pinboard.in/u:asterisk2a/b:885e4c6429f3/Is Global Economic Doubt Behind the Unchanged Rate? - YouTube2015-09-18T05:20:31+00:00
https://www.youtube.com/watch?v=P3Gd9xB1Cco
asterisk2aTaper Fed mandate 2015 inflation expectation targeting Janet Yellen participation rate employment underemployed full unemployment structural USA China BRIC credit bubble complexity global economy New Normal hunt for yield asset allocation reflate reflation equity property BIS centralbanks QE ZIRP NIRP distortion secular stagnation western world Richard Koo deleveraging balance sheet recession debtoverhang private debt household consumer student loan servitude marginal propensity to consume Super Rich 1% faultlines savings glut Impediments imbalance inequality Gini coefficient income distribution growth low disposable mobility wage UK BOE squeezed middle class job creation security labour market recovery policy response fiscal austerity Schuldenbremse Pact monetary transmission mechanism excess reserves business confidence investment underinvestment productive infrastructurehttps://pinboard.in/u:asterisk2a/b:7f054910c3d0/World Bank warns on US rate rise - BBC News2015-09-16T13:33:57+00:00
http://www.bbc.co.uk/news/business-34262005
asterisk2aTaper Fed BOE 2015 BIS ZIRP NIRP QE Richard Koo reflate reflation asset bubble hunt for yield FOMO frothy World Bank distortion unknown unkown unintended consequences capital allocation speculative bubbles speculation monetary policy transmission mechanism liquidity trap theory GFC recovery credit China BRIC Brazil India South Africa Russia Europe UK BOJ Abenomics squeeze excess reserves PBOC economic history creditcrunch crunch ECB commodity prices energy price Oil OPEC petrodollar QT FX global trade New Normal secular stagnation faultlines Structural Impediments imbalance western deflationary deflation austerity fiscal stimulus system debt monetisation monetization unconventional debtoverhang refinancing creditrating creditrisk deleveraging private household disposable income discretionary spending wage growth distribution low inequality Gini coefficient squeezed middle class downward mobility working poor precarious work Zero Hour Contract Contractor self-employment Zeitarbeit Leiharbeit Sozialer Abstieg jhttps://pinboard.in/u:asterisk2a/b:6b397259618a/Public Lecture by Professor Niall Ferguson 2013-04-09 - YouTube2015-09-13T19:55:34+00:00
https://www.youtube.com/watch?v=36WT2butNrw
asterisk2aNiallFerguson Niall Ferguson Margaret Thatcher economic history political economy GFC recovery credit bubble book Adam Smith adamsmith austerity ideology dogma George Osborne David Cameron USA UK China social contract cohesion tension socialism capitalism crony neoliberalism neoliberal Privatisation monetary policy fiscal hayek reflate reflation Fed ECB BOJ BOE Makers BIS QE ZIRP NIRP bank bailout sovereign debt crisis banking zombie banks excess reserves liquidity trap transmission mechanism M3 business confidence Taper 2015 secular stagnation wage growth income global trade globalization imbalances globalisation flat world borderless JohnMaynardKeynes keynes Keynesianism stimulus aggregate demand marginal propensity to consume consumer Richard Koo private debtoverhang deleveraging household monetisation monetization developed western squeezed middle class disposable distribution inequality Gini coefficient BRIC emerging market Angela Merkel Wolfgang Schäuble Developing Frontier Markets inflation targetinhttps://pinboard.in/u:asterisk2a/b:c62668d3caf0/One Map Shows Just How Expensive College Can Be for Students Making Minimum Wage2015-09-11T17:48:13+00:00
http://mic.com/articles/124967/1-map-shows-just-how-expensive-college-can-be-for-students-making-minimum-wage
asterisk2a> youtu.be/_EDGTzOXa_g?t=1h46m5s]]>College University USA student loan debt NPL un-college minimum wage cost of living income growth stagnation Millennials generationy disposable discretionary spending babyboomers standard Generationengerechtigkeit generation rent 2015 mobility social downward Gini coefficient distribution 1% Super Rich inequality low redistribution precarious work working poor job security creation UK education policy competition globalisation globalization neoliberalism neoliberal Privatisation borderless flat world trickle-down economics economic history labour market Service Sector Jobs Niedriglohnsektor marginal propensity to consume Robert Reich Joseph Stiglitz Paul Krugman Thomas Piketty Elizabeth Warren Larry Lessig Wall Street profit maximisation shareholder value shared interest secular servitude Cycle debtoverhang deleveraging balance sheet recession financial literacy Career Politicians No Representation contract political theory vested groups generational lost decade personal bankruptcy poverty trap Mark Blyth demhttps://pinboard.in/u:asterisk2a/b:65156cfdfd7d/Selling Off the State in China - Bloomberg View2015-09-09T20:47:59+00:00
http://www.bloombergview.com/articles/2015-09-08/china-should-be-careful-about-selling-off-state-owned-companies
asterisk2aChina liberal economic reform 2015 credit bubble debtoverhang balance sheet recession deleveraging PBOC QE macroeconomic policy microeconomic welfare state social safety net savings glut public health care system disposable income discretionary spending fiscal stimulus monetary NPL shadow banking crisishttps://pinboard.in/u:asterisk2a/b:a2419fc0dd6f/Group of 20 Financial Leaders Agree to Act to Bolster Growth - The New York Times2015-09-09T19:26:57+00:00
http://www.nytimes.com/2015/09/07/business/international/financial-leaders-agree-to-act-to-bolster-growth.html?_r=0
asterisk2aEurope IMF UK USA western world Richard Koo recovery fiscal policy stimulus long-term view thinking underinvestment productive investment infrastructure industrial STEM R&D austerity George Osborne ChristineLagarde OECD GFC economic history trickle-down economics neoliberalism neoliberal liberal reform Research competitiveness differentiate differentiation value creation added Manufacturing job Niedriglohnsektor Service Sector Jobs Future of Work Smart Grid renewable energy business consumer debt household debtoverhang monetary QE ZIRP NIRP Germany Pact Schuldenbremse Angela Merkel Wolfgang Schäuble inequality Gini coefficient education David Cameron dogma ideology academia academics Mark Blyth Joseph Stiglitz Robert Reich Paul Krugman wage growth income G20 stagnation secular globalisation globalization flat borderless competitive competition currency war currency-war debasement Exportweltmeister BRIC credit bubble global economy trade imbalances faultlines structural imbalance Impediments American Dreamhttps://pinboard.in/u:asterisk2a/b:9f7168dfbdf3/China's impossible trinity - BBC News2015-09-08T08:52:04+00:00
http://www.bbc.co.uk/news/business-34178247
asterisk2aChina liberal economic reform 2015 credit bubble devaluation currency debasement Yuan RMB PBOC IMF SDR macroeconomics monetary policy fiscal QE recovery GFC history banking crisis shadow NPL debtoverhang balance sheet recession deleveraging property hot-money BRIC western world global trade economy deflationary deflation reflate reflation equity asset allocation distortion unknown unkown unintended consequences Fed BOE BOJ Abenomics war currency-war aggregate demand short-fall Richard Koo consumer debt household student loan servitude sovereign Super Cycle public monetisation monetization private globalisation globalization technological progress flat wage growth stagnation secular borderless imbalances faultlines structural imbalance savings glut Impediments inequality squeezed middle class Europe UK OECD marginal propensity to consume Sozialer Abstieg working poor precarious work income deregulation self-regulation Workers Union pressure disposable distribution redistribution low American Dream USA Gini coehttps://pinboard.in/u:asterisk2a/b:4a6557b466d4/Labour leadership races can change fast; interest rates, not so much | Business | The Guardian2015-09-06T19:22:14+00:00
http://www.theguardian.com/business/2015/sep/06/labour-leadership-race-change-fast-interest-rates-not-jeremy-corbyn
asterisk2abalance of payments 2015 budget2015 austerity output gap productivity household debt public private consumer UK George Osborne short-term Mark Carney BOE ZIRP QE NIRP bond bubble current account deficit trade structural industrial policy STEM Research Manufacturing energy price renewable Career Politicians No Representation fairness Generationengerechtigkeit Tories Conservative Party Toff Establishment Privileged asset equity property reflate reflation fiscal stimulus Richard Koo debtoverhang sheet recession Software Is Eating The World underinvestment productive investment business confidence wage stagnation growth secular deflationary deflation competitive competition competitiveness globalization globalisation global added value creation corporate tax rate capital gains inequality Gini coefficient poverty trap child social mobility income disposable discretionary spending economic history trickle-down economics neoliberalism neoliberal Privatisation poundhttps://pinboard.in/u:asterisk2a/b:5ff32a72faf8/▶ How The Economic Machine Works by Ray Dalio2015-09-05T14:22:00+00:00
https://www.youtube.com/watch?v=PHe0bXAIuk0
asterisk2acredit bubble austerity business cycle debt financial Super economic productivity income growth wage stagnation output gap economics disposable discretionary spending history living standard of gender pay reflate reflation asset equity China USA 2015 speculative bubbles secular deflationary deflation household government public servitude student loan consumer debtoverhang balance sheet recession deleveraging sovereign crisis monetisation monetization private GFC recovery Richard Koo liquidity trap NPL excess reserves zombie banks restructuring QE ZIRP NIRP jubilee greatrecession Great Depression budget deficit Rich Polarisation Thomas Piketty tax evasion avoidance fairness inequality Gini coefficient social cohesion tension contract Career Politicians Joseph Stiglitz Paul Krugman Robert Reich Mark Blyth redistribution mobility capital gains code corporate rate lost decade generation neoliberalism neoliberal globalization globalisation western world developed Europe competitiveness competition competitive flathttps://pinboard.in/u:asterisk2a/b:c66ba8d4e557/After the Crisis - Mark Blyth - YouTube2015-09-04T02:48:54+00:00
https://www.youtube.com/watch?v=_EDGTzOXa_g
asterisk2a> what if rise of the banks (deregulation, easy credit, global financial markets - arbitrage, and making money with money) fuelled the growth of the last ~25-30 years. // min 47 3 asset bubbles popped // USA - 40% of corporate profits came from 10% of corporate sector (banks) // 30% of MIT grads went to banks instead of real world engineering and manufacturing. // underwater private sector! via credit bubble: student loans (now 1trn and still rising in USA and UK, future disposable income/discretionary spending lower than babyboomers because of wage stagnation, no wage growth) credit cards, mortgages, heloc (home equity line of credit) --- all will have to focus on paying back debt. // 2015 - us student loans 1.25trn - bit.ly/1KJ29uc + auto loans << bubble to eventually pop when collateral is falling! ie stagnant wages for 10 more years. and more and more cant repay their student loans. // 1:12:00 Bubbles move on; dot.com, real estate (property) & commodities, China,]]>Mark Blyth austerity GFC recovery banking crisis sovereign debt economic history PIIGSFB bank bailout fairness Generationengerechtigkeit toobigtofail too big to jail bail TBTF ECB NPL deleveraging balance sheet recession underwater credit bubble trickle-down economics China 2015 2008 dot.com western world secular stagnation servitude student loan generationy generation rent Millennials disposable income discretionary spending marginal propensity consume Super Rich squeezed middle class Sozialer Abstieg self-employment Zero Hour Contract Contractor underemployed precarious work working poor inequality Gini coefficient post-capitalism crony capitalism manufactured consent Polarisation Thomas Piketty developed propaganda populism corporate state media democracy Career Politicians lobbyist Lobbying lobby deregulation self-regulation Workers Union wage growth distribution mobility low redistribution consumer debtoverhang Cycle household private asset reflate reflation allocation distortion monetary policy stimulushttps://pinboard.in/u:asterisk2a/b:82647e4b6017/Banks Are Perilously Exposed to China - Bloomberg View2015-09-03T21:59:44+00:00
http://www.bloombergview.com/articles/2015-09-02/banks-are-perilously-exposed-to-china
asterisk2aexposure China banking crisis investment UK USA 2015 credit bubble equity speculative bubbles bond property asset allocation distortion ZIRP PBOC NIRP QE QT 2016 balance sheet recession underwater debtoverhang VAR excess reserves shadow fractional reserve Fed BOE London Bank Oversight George Osborne David Cameron Mark Carney liquidity trap Taper monetary transmission mechanism M3 policy stimulus unconventional system theory austerity unknown unkown unintended consequences deregulation self-regulation regulation regulators Westminster Toff Conservative Party Tories Establishment Privileged speculation derivatives financial repression market cycle literacy HSBC Standard Chartered NPL correction overcapacity AIIB Asia FX centralbank margin trading leverage irrational exuberance hubris panic petrodollar Oil price OPEC global trade economy growth imbalances faultlines structural imbalance Impediments debt monetisation monetization BIS Germany Japan Yuan RMB devaluationhttps://pinboard.in/u:asterisk2a/b:3ed1c370409e/Will Oil Cause the Next Recession? - Bloomberg View2015-09-02T23:25:33+00:00
http://www.bloombergview.com/articles/2015-09-02/if-oil-prices-keep-slipping-recession-could-follow
asterisk2ahousehold debt consumer recovery Private Sector GFC economic history wage growth stagnation squeezed middle class Sozialer Abstieg western world globalization globalisation credit bubble 2015 QE ZIRP NIRP asset allocation Super Rich 1% bank bailout balance sheet recession deleveraging debtoverhang Richard Koo fiscal stimulus underinvestment productive investment policy austerity IMF OECD lost decade generation competitive competition deflationary deflation advantage competitiveness underemployed structural unemployment Zero Hour Contract Contractor self-employment Zeitarbeit neoliberalism neoliberal Werkvertrag part-time Minijob deregulation Workers Union crony capitalism Wall Street shareholder value profit maximisation USA UK Europe developed secular marginal cost economics of abundance trickle-down tax avoidance evasion code capital gains Generationengerechtigkeit fairness sovereign crisis PR spin doctor manufactured consent Lügenpresse propaganda populism working poor precarious work Precariat inflatiohttps://pinboard.in/u:asterisk2a/b:32ee4ba82239/Richard Duncan: The Real Risk Of A Coming Multi-Decade Global Depression - YouTube2015-09-01T20:50:47+00:00
https://www.youtube.com/watch?v=DieONheFQ3U
asterisk2adebt bubble Super Cycle Greenspan-Put Ben Bernanke fiat currency monetisation monetization deflationary deflation secular stagnation Abenomics globalization globalisation Fed centralbanks BIS economic history QE ZIRP NIRP GFC recovery western world technological progress commodity business commoditization economics of abundance marginal cost Janet Yellen benbernanke ECB BOE BOJ monetary policy Zero Hour Contract neoliberalism neoliberal Contractor Zeitarbeit Werkvertrag self-employment freelancing freelance wage growth disposable income discretionary spending dot.com outsourcing flat credit servitude consumer student loan debtoverhang sovereign crisis household private fiscal austerity Richard Koo Mark Blyth Joseph Stiglitz Robert Reich productive investment underinvestment infrastructure Paul Krugman shared interest Industrial Revolution 2.0 Smart Grid STEM education value creation added Manufacturing 3D printing energy price competitive competition competitiveness advantage R&D Research Public Partnership dhttps://pinboard.in/u:asterisk2a/b:b988a93d17c3/Steve Keen on BBC HARDtalk [good sync] - YouTube2015-08-31T21:52:17+00:00
https://www.youtube.com/watch?v=rGkmgnprrIU
asterisk2aSteve Keen bank bailout sovereign debt crisis TBTF too big to jail toobigtofail bail GFC recovery economic history Great Depression lost decade generation crony capitalism Richard Koo credit bubble bond balance sheet recession deleveraging debtoverhang youth unemploymenthttps://pinboard.in/u:asterisk2a/b:133f800850ce/Easy Money Creates the Most Dangerous Bubbles - Bloomberg View2015-08-31T19:20:16+00:00
http://www.bloombergview.com/articles/2015-08-31/what-s-the-most-dangerous-type-of-bubble-
asterisk2abook credit bubble liquidity trap Richard Koo economic history zombie banks Mark Blyth Paul Krugman Joseph Stiglitz business confidence investment damage 2015 faultlines structural imbalance unemployment skills gap skill-biased technological change education policy austerity fiscal monetary recovery western world USA UK Europe Germany underinvestment productive infrastructure Smart Grid Software Is Eating The GFC Career Politicians status quo social contract fairness Generationengerechtigkeit banking crisis TBTF too big to bail jail toobigtofail financial market leverage margin trading property mortgage ZIRP NIRP QE Impediments distortion model cycle incentive repression literacy ECB Abenomics BOJ BOE Fed stimulus macroprudential macroeconomic microeconomic deleveraging balance sheet recession debtoverhang BIS unintended consequences unknown unkown PBOC China equity speculative bubbles bond debt asset allocation academia academics economic-thought behavioral economics finance hubris panic consumer trust distrhttps://pinboard.in/u:asterisk2a/b:1e3cc2dccc1d/Why China Had To Crash - Forbes2015-08-31T03:55:48+00:00
http://www.forbes.com/sites/stevekeen/2015/08/26/why-china-had-to-crash-part-1/4/
asterisk2aChina 2015 credit bubble margin trading property equity asset allocation hot-money hunt for yield PBOC balance sheet recession deleveraging debtoverhang underwater devaluation Yuan RMB BRIC speculative bubbles bond NPL zombie banks private debt household Steve Keenhttps://pinboard.in/u:asterisk2a/b:031957c7fee8/(2015) Professor Steve Keen explains why austerity economics is naive - YouTube2015-08-31T02:31:11+00:00
https://www.youtube.com/watch?v=Au2N07eHa-Q
asterisk2a> Rising private debt 2 make up of the short-fall of public spending, that is what its institute of fiscal studies has been saying ever since Tories came into Office with its austerity agenda. // The next downturn (private debt rise stop & focus on servicing it/deleveraging + gov keeping austerity agenda) will be even steeper & harder! // On path of stagnation, of western world; how u serve that debt in New Normal of <~2% growth p/a & <2% inflation & <2% inflation expectations!? // &! youtu.be/-3aBjFo2Fh4 // youtu.be/WSfe6uyO5yE & youtu.be/4TTuPwIzFC0 - China "Crash." &! on.ft.com/1Ixhw1a 'Crazy China Crash Possible w contagion']]>UK austerity Mark Blyth Steve Keen Paul Krugman 2015 budget2015 recovery Schuldenbremse Fiscal Pact secular stagnation deflationary deflation private debt household servitude consumer debtoverhang student loan Super Cycle China equity bubble property credit reflate reflation asset allocation hunt for yield bond speculative bubbles demographic ageing population PBOC balance sheet recession deleveraging Richard Koo banking crisis zombie banks shadow investment sovereign PIIGSFB European Union Germany stimulus policy monetary BOE ECB Fed Taper western world developed IMF OECDhttps://pinboard.in/u:asterisk2a/b:62de6990c994/Austerity: The History of a Dangerous Idea - YouTube2015-08-30T16:18:21+00:00
https://www.youtube.com/watch?v=8WqswgWmAbM
asterisk2aausterity economic history Gini coefficient social mobility income downward inequality apathy voter turnout crony capitalism ideology dogma GFC IMF OECD ChristineLagarde George Osborne David Cameron Angela Merkel Troika Wolfgang Schäuble Conservative Party Schuldenbremse Fiscal Pact UK Europe Generationengerechtigkeit fairness lost generation decade Japan ZIRP NIRP QE unintended consequences asset allocation hunt for yield speculative bubbles property bubble unknown unkown Taper KennethRogoff carmenreinhart Thomas Piketty debtoverhang balance sheet recession sovereign debt crisis deleveraging Richard Koo trickle-down economics neoliberalism neoliberal Privatisation industrial policy Revolution 2.0 deflationary deflation secular stagnation globalisation globalization Eurogroup Paul Krugman Joseph Stiglitz reflate recovery reflation bond faultlines structural imbalance Impediments BOE macroeconomic microeconomic short-term Career Politicians political theory contract Gesellschaft No Representation Rechtsruckhttps://pinboard.in/u:asterisk2a/b:d1bd06b10f76/Krise ǀ Weimar reloaded — der Freitag2015-08-30T04:22:35+00:00
https://www.freitag.de/autoren/der-freitag/weimar-reloaded
asterisk2a> is deflationary, stagnant balance sheet or shrinking, thus increases debt 2 gdp/asset ratio ] [...] den „Ruin Mitteleuropas“ zu verantworten.]]>austerity economic history Weimar Treaty of Versailles deflationary deflation debtoverhang Debt Super Cycle Greece Richard Koo Germany Wolfgang Schäuble GroKo Fiscal Pact Schuldenbremse balance sheet recession neoliberalism neoliberal sovereign crisis Europe George Osborne UK IMF Weimarer Republik Troika Umschuldung jubilee restructuring PIGS PIIGS PIIGSFB European Union Eurogroup technocrat John Maynard Keynes carmenreinhart KennethRogoff Thomas Piketty Yanis Varoufakis Joseph Stiglitz Paul Krugman Republichttps://pinboard.in/u:asterisk2a/b:0cefe9cea876/