Pinboard (asterisk2a)
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recent bookmarks from asterisk2aYoung face growing mortgage debt burden - BBC News2017-10-12T18:26:43+00:00
http://www.bbc.co.uk/news/business-41580087
asterisk2aUK housing crisis bubble mortgage market disposable income discretionary spending debt creditcard credit card Consumer economy Brexit secular stagnation stagflation growth wage Consumerism affordable social Council Austerity Cartel profit maximisation Duopoly underinvestment anti-trust economic history Margaret Thatcherhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:c649e1bb1446/FactCheck: Theresa May’s claim about housing doesn’t give the full picture – Channel 4 News2017-10-08T02:38:22+00:00
https://www.channel4.com/news/factcheck/factcheck-theresa-mays-claim-about-housing-doesnt-give-the-full-picture
asterisk2aUK social housing Council affordable Crisis Austerity cartel duopoly Generation Rent Generationengerechtigkeit disposable income discretionary spending debt bubble growth secular stagnation immigration homeownershiphttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:d96999f77dd0/Millennials spend three times more of income on housing than grandparents | Society | The Guardian2017-09-20T02:06:44+00:00
https://www.theguardian.com/society/2017/sep/20/millennials-spend-three-times-more-of-income-on-housing-than-grandparents
asterisk2aMillennials UK housing crisis affordable social Generation Rent Generationengerechtigkeit babyboomers baby boomers disposable discretionary income Spending Generationy GenY oligopol oligopoly Corruption lobby vested interest bubble underinvestment Austerity debt revolving door asset distortion London Productivity output gap skills student loan GFC mortgage risk recovery secular stagnation lost lostdecade decade history Margaret Thatcherhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:135344ad5c83/What will cost more than lifting the public sector pay cap? Not lifting it | Faiza Shaheen | Opinion | The Guardian2017-09-19T00:52:19+00:00
https://www.theguardian.com/commentisfree/2017/sep/18/lifting-public-sector-pay-cap-tories
asterisk2aNHS School Police paycap Austerity staff shortage locum retention Crisis hiring recruitment STP rationing health care demand education policy Privatisation Tories nasty party Conservative Theresa May Jeremy Hunt Simon Stevens Nurses elderly adult social bedblocking Council bed blocking ageing demographic chronic sick population public sector discretionary spending disposable income debt workers trade unionhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:3c2338d1e014/Homebuyers desperate to know who really owns their freehold | Money | The Guardian2017-07-08T19:42:34+00:00
https://www.theguardian.com/money/2017/jul/08/homebuyers-who-owns-freehold-housebuilders-sold
asterisk2aLeasehold Housing Crisis Generation Rent Generationengerechtigkeit disposable income discretionary spending exploitation self-regulation profit maximisation neoliberal neoliberalism Capitalism tax evasion avoidance UK regulation regulators Legal Aid LegalAid underinvestment Austerity Eigentum ownership offshore HMRC corruption freehold land valuehttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:e8d3594dbbd7/Budget 2017: Hammond to tell us the Brexit vote could have been worse | Business | The Guardian2017-03-05T18:18:39+00:00
https://www.theguardian.com/business/2017/mar/05/budget-2017-philip-hammond-brexit-vote-uk-economy-inflation
asterisk2aUK JAM working poor squeezed middle class Precariat Theresa May Philip Hammond Austerity DWP HMRC inflation wage growth social mobility inequality income Tories Productivity child poverty trap output gap recovery GFC bank bailout nasty party Conservative Generationengerechtigkeit babyboomers Millennials generation rent living standard discretionary spending disposable credit taxation household debt mortgage housing crisis Consumer Consumerism economic history neoliberalism interventionism crony capitalism tax evasion avoidance corporatism Exploitation zero hour contract part-time minimum generational divide Triple Lock Pensionhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:b1ab619ce101/Rail fares cost commuters up to 14% of their income, says study | Money | The Guardian2017-01-03T01:43:55+00:00
https://www.theguardian.com/money/2017/jan/03/rail-fares-cost-commuters-up-to-14-of-their-income-says-study
asterisk2aUK discretionary spending disposable income inflation Brexit housing crisis affordable social working poor squeezed middle class mobility wage growthhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:dcb9a3d83869/Technological Unemployment (2013) w Jacque Fresco2016-07-14T03:20:36+00:00
https://www.youtube.com/watch?v=p8ZzMGuPtRo
asterisk2atechnological unemployment aggregate demand short-fall disposable income discretionary spending squeezed middle class western world working poor Precariat automation Robotics augmented intelligence self-driving cars autonomous car purchasing power wage growth inequality distribution Gini coefficient 1% 10% 20% winner take all globalisation globalization neoliberal neoliberalism social safety net Universal Basic shareholder capitalism crony in crisis post-capitalism triple-lock pension secular stagnation USA UK European Union Chicago School neoclassical economics Brexit No Representation Career Politicians politician Smart Grid Zero Marginal Cost Jeremy Rifkin book Mobile Creative Creatives Industrial Revolution progress history Soziale Marktwirtschaft Grundeinkommen Paul Mason recovery destruction multinational conglomerate low pay minimum mindestlohn Jerry Kaplan redistribution Support tax credit welfare reform state Elizabeth Warrenhttps://pinboard.in/u:asterisk2a/b:a86bec7867d0/Behind the Bond-Stock Divide Is a Big and Risky Bet on Central Banks - WSJ2016-07-14T02:13:12+00:00
http://www.wsj.com/articles/behind-the-bond-stock-divide-is-a-big-and-risky-bet-on-central-banks-1468425525
asterisk2abond bubble ZIRP NIRP QE equity hunt for yield central banks BIS Fed BOE ECB BOJ PBOC secular stagnation wage growth output gap productivity squeezed middle class working poor Precariat inequality Gini coefficient western world rising middleclass Asia BRIC income distribution tax evasion avoidance crony capitalism in crisis neoliberal neoliberalism globalisation global economy globalization free trade dividends underinvestment business confidence consumer discretionary spending disposable student debt car loan property speculative bubbles distortion asset allocation austerity AI Robotics automation augmented intelligence Structural Impediments imbalance unemployment long-term skills skill-biased technological change shortage economic history Brexit underemployed underemployment part-time deflation deflationary JGBhttps://pinboard.in/u:asterisk2a/b:270d758fcb83/Alan Greenspan on Brexit, U.S. Economy, and Inflation (Full Interview) - YouTube2016-06-29T07:29:45+00:00
https://www.youtube.com/watch?v=ec9i_iGCj80
asterisk2aEuropean Union Brexit fiscal Political ECB Alan Greenspan Fed Yanis Varoufakis Janet Yellen PIGS sovereign debt crisis secular stagnation productivity gap disposable income discretionary spending ageing population current account deficit budget GFC entitlement Abenomics monetary policy pension obligation babyboomers Baby Boomers immigration NIRP ZIRP QE economic history Germany Angela Merkel BOE Mark Carney rising middleclass squeezed middle class working poor Precariat populism demagogue demagogy Donald Trump western world savings rate Gini coefficient social mobility triple-lock fund scheme democracy Career Politicians politician output M2 inflation targeting M3 commodity prices global economyhttps://pinboard.in/u:asterisk2a/b:790f14b770fc/IMF urges more spending to boost growth2016-04-18T16:11:24+00:00
http://www.theguardian.com/business/2016/apr/17/imf-urges-spending-boost-growth
asterisk2asecular stagnation Panama Papers tax evasion amnesty avoidance corporate rate labour market job Service Sector Jobs income receipts budget2016 George Osborne David Cameron general election 2015 2020 campaign promises Party Funding Richard Koo Confidence Fairy austerity underinvestment Generationengerechtigkeit triple-lock pension fairness Generation Rent Housing Crisis property bubble USA UK reflation reflate fiscal policy Pact Schuldenbremse Angela Merkel Wolfgang Schäuble GFC sovereign debt banking bank bailout creation squeezed middle class working poor disposable discretionary spending IMF OECD credit China BRIC recovery Germany economic history 2016 Niall Ferguson budget deficit offshore investment TBTF self-regulation Greed crony capitalism shareholder globalisation globalization global economy Oil price commodity prices ChristineLagarde inequality Gini coefficient mobility social low pay child poverty food health care cost demand western world European Union Brussels Brexit Grexit sick population mehttps://pinboard.in/u:asterisk2a/b:d60afc02e8da/Capitalism and Mental Health: How the Market Makes Us Sick2016-04-17T01:32:42+00:00
https://www.youtube.com/watch?v=AVQ4LIp39Xo
asterisk2aprofit maximisation maximization underinvestment austerity shareholder capitalism in crisis capitalist working poor Precariat squeezed middle class status anxiety materialism consumerism consumerist well being mental health burnout work life balance exploitation exploited part-time employment Contractor self-employment Soziale Marktwirtschaft cortisol poverty trap child low pay income value Wall Street disposable discretionary spending Robert Skidelsky Slavoj Žižek Disabled vulnerable DWP WCA Iain Duncan Smith Stephen Crabb George Osborne David Cameron public policy risk liberal economic reform neoliberal neoliberalism JSA sanctions Food Bank self-medication substance abuse alcohol alcoholism binge drinking coping mechanism GP care cost demand NHS homeless homelessness Housing Generation Rent UK USA precarious isolation protection education Self-esteem sociology psychology Wertegesellschaft Gesellschaft values Gentrified Gentrifzierung gentrification Beton Gold Betongold urban planning urbanisation rathttps://pinboard.in/u:asterisk2a/b:5040142a40ec/What Happens Next (In Europe)?2016-04-16T16:55:07+00:00
http://www.zerohedge.com/news/2016-04-15/what-happens-next-europe
asterisk2aECB Brussels recovery reflate reflation China credit bubble Germany PIGS zombie banks European Bank Supervision Economic Area Election 2014 working poor squeezed middle class Soziale Marktwirtschaft MarioDraghi OMT LTRO monetary policy stimulus Fiscal Pact Schuldenbremse sovereign debt crisis France Brexit Grexit Angela Merkel Wolfgang Schäuble history underinvestment Richard Koo Yanis Varoufakis liquidity trap corporations youth unemployment demographic OAP discretionary spending disposable income liberal reform Precariat precarious employment low pay Minijob Zeitarbeit Leiharbeit 1 Euro Job Structural Impediments imbalance transmission mechanism union Rechtsruck Bundesbank fault lines shareholder capitalism bailout GFC 2016 PBOC Exportweltmeister Financial Stability Board crony Deutsche infrastructure investment competitiveness Beton Gold Betongold asset allocation Super Rich 1% oligarchy plutocracy democracy tax evasion avoidance Wall Street value profit maximisation maximization Russia Crimea Ukraine Uhttps://pinboard.in/u:asterisk2a/b:ae64a69db52d/Tyler Cowen: "The Great Stagnation", Michael Vassar & Cowen Debate at Singularity Summit 20112016-04-08T22:09:41+00:00
https://www.youtube.com/watch?v=ed6gNSZRawY
asterisk2asecular stagnation western world underinvestment R&D innovation Innovators Dilemma rentier rent-seeking oligopol oligopoly winner take all babyboomers Generationengerechtigkeit fairness austerity triple-lock pension obligation recovery Super Rich 1% plutocracy oligarchy No Representation lobby Career Politicians OAP demographic bubble ageing population sick health crisis economic damage climate change global warming productivity gap output GDP measurement GNP nominal targeting inflation BRIC creative destruction Mobile Debt Cycle servitude servicing service income tax receipts evasion avoidance Moore's Law COP21 macroeconomic policy microeconomic OECD IMF crony capitalism Privileged Establishment shareholder profit maximisation maximization value revolving door Wall Street squeezed middle class working poor disposable trickle-down economics neoliberal neoliberalism discretionary spending renewable energy infrastructure investment Smart Grid AI artificial intelligence augmented Autonomous Cars ZIRP NIRP QE Newhttps://pinboard.in/u:asterisk2a/b:59929a2c68a8/British households doing less cleaning, DIY and gardening, says ONS2016-04-07T18:11:45+00:00
http://www.theguardian.com/uk-news/2016/apr/07/home-production-economy-worth-1tn-a-year
asterisk2arecovery disposable income discretionary spending DIY homeownership UK property bubble Housing Crisis Generation Rent squeezed middle class consumer debt household credit card car loan ZIRP NIRP QE mortgage market distortion payment working poor low pay job insecurity privatehttps://pinboard.in/u:asterisk2a/b:fa7036b7a4c8/Piketty: EU should welcome one million immigrants a year2016-04-07T13:34:18+00:00
http://www.bbc.co.uk/news/business-35982528
asterisk2aimmigration migration refugee crisis Integrationspolitik Sozialpolitik youth unemployment austerity GFC secular stagnation Richard Koo ageing population demographic bubble social safety net pension obligation economic history welfare state Gini coefficient Super Rich inequality mobility income plutocracy oligarchy Precariat working poor squeezed middle class hartz-iv Aufstocker neoliberal neoliberalism Soziale Marktwirtschaft ALG2 Zeitarbeit Leiharbeit Minijob part-time employment Contractor self-employment Zero Hour Contract underinvestment disposable discretionary spending Robert Skidelsky bank bailout Fiscal Pact Schuldenbremse Wolfgang Schäuble Angela Merkel Leadership Wall Street shareholder capitalism crony lobby No Representation Career Politicians democracy European Union UK Elizabeth Warren Paul Krugman Reich Joseph Stiglitz carbon tax policy folly error right-wing far-right Rechtsruck recovery nominal GDP targeting inflation finite resources resource depletion GNP measurement profit maximisationhttps://pinboard.in/u:asterisk2a/b:9a61db956294/How do we move beyond the “austerity” debates? - YouTube2016-02-21T00:34:36+00:00
https://www.youtube.com/watch?v=R-JuDKoaG-g
asterisk2aausterity ECB OMT TLTRO LTRO Fiscal Pact Schuldenbremse Angela Merkel Richard Koo economic history UK George Osborne Wolfgang Schäuble ZIRP NIRP QE household debt consumer credit card car loan student Bubble Generationengerechtigkeit fairness non-performing NPL discretionary spending disposable income tax welfare state social safety net underinvestment infrastructure investment Council productivity output gap European Union Germany France David Cameron dogma ideology BOE Mark Carney property distortion squeezed middle class working poor job creation Service Sector Jobs precarious work Precariat low pay wage stagnation servitude Bundesbank BuBa youth unemployment skills secular policy monetary aggregate demand Housing Crisis affordablehttps://pinboard.in/u:asterisk2a/b:34ca777eac72/This Letting Agent Admits The Housing Shortage Is Good News For Landlords - BuzzFeed News2016-02-19T00:32:15+00:00
http://www.buzzfeed.com/patricksmith/this-letting-agent-admits-the-housing-shortage-is-good-news#.uiKow5Qx0y
asterisk2aproperty bubble speculative bubbles asset allocation macroprudential policy Generationengerechtigkeit generation rent Housing Crisis social affordable distortion ZIRP NIRP QE aggregate demand Right to Buy Buy-to-Let Help Scheme Save folly error consumer debt household budget deficit recovery mortgage market credit GFC bank bailout BOE zombie banks rentier rent-seeking Richard Koo underinvestment productive investment infrastructure industrial economic history Mark Carney financial repression behavioral finance economics herding herd hunt for yield leverage margin trading equity Gini coefficient disposable income discretionary spending VAR CDO CDS risk aversion squeezed middle class secular stagnation inequality UK generational contract lost constituency Tories Conservative Party nasty David Cameron George Osborne general election 2015 2020 fiscal austerity monetary liquidity traphttps://pinboard.in/u:asterisk2a/b:686d54304df3/From Ticker - S&P: QE is driving inequality between the generations2016-02-11T16:31:04+00:00
http://www.theguardian.com/business/live/2016/feb/10/market-turmoil-australia-japan-ftse-deutsche-bank-dow-live?page=with:block-56bb3695e4b0cc23201724ec#block-56bb3695e4b0cc23201724ec
asterisk2aQE inequality reflate reflation distortion recovery job creation Service Sector Jobs UK USA fiscal policy monetary stimulus unconventional Fed BOE bank bailout zombie banks consumer corporations ZIRP NIRP TARP TLTRO LTRO ECB equity bubble asset property Housing Crisis Help to Buy Scheme Save Right income Gini coefficient social mobility budget deficit austerity George Osborne distribution poverty trap tax credit low pay squeezed middle class Precariat Zero Hour Contract Contractor part-time Tories nasty party homeless homelessness affordable Conservative Toff Privileged Establishment Funding discretionary spending disposable household debt card student loan servitude economic historyhttps://pinboard.in/u:asterisk2a/b:a141b05f69cf/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/UK trade deficit widens further as exports suffer | Business | The Guardian2016-02-09T19:36:50+00:00
http://www.theguardian.com/business/2016/feb/09/uk-trade-deficit-widens-further-imports-exports
asterisk2aUK trade deficit current account budget tax reciepts 2015 2016 recovery secular stagnation underinvestment business investment austerity economic history global economy emerging market Frontier Markets BRIC foreign direct productive infrastructure Richard Koo consumer debt household credit card car loan Student Bubble servitude discretionary spending government disposable income generation rent ZIRP NIRP QE liquidity trap zombie corporations distortion financial repression speculative bubbles hunt for yield fiscal policy monetary BOE property Housing Crisis George Osborne competitiveness productivity output gap job creation Service Sector Jobs corporate rate welfare subsidies subsidizing immigration migration Super Cyclehttps://pinboard.in/u:asterisk2a/b:b5d1cf048937/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/Aberdeen and Edinburgh highlighted in city economies report - BBC News2016-01-25T17:45:37+00:00
http://www.bbc.co.uk/news/uk-scotland-35395876
asterisk2a> It argued that nearly a million new jobs had been created in cities since 2010 - but that the average salary had also dropped by £1,300 per resident. 'High-wage, low-welfare' << [...] The think tank said the two areas' ability to attract high-skilled jobs - in the oil and professional services industries for example - was the key to their success. It argued that cities with high wages had seen faster jobs growth, with employment rising by 10% since 2010, compared with 3% in low-wage cities. [...] [ Housing Crisis across the country thus ] increased housing benefit payments.]]>job creation recovery Service Sector Jobs UK austerity minimum wage living George Osborne neoliberalism neoliberal Manufacturing macroeconomic policy microeconomic low pay income tax credit child working free progressive code distribution disposable discretionary spending inequality growth secular stagnation globalization globalisation borderless flat world economic history nasty party Tories Conservative trickle-down economics squeezed middle class precarious work Precariat redistribution welfare state social safety net David Cameron budget2015 budget2010 Public Services added value Housing Crisis affordablehttps://pinboard.in/u:asterisk2a/b:0b7ccb626c4b/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/"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/Housing crisis hits 1960s levels as tenants battle to cope, says Shelter | Society | The Guardian2016-01-10T03:47:13+00:00
http://www.theguardian.com/society/2016/jan/09/housing-crisis-tenants-shelter-private-rent
asterisk2aUK Housing Crisis affordable social poverty trap disposable income discretionary spending precarious work Precariat Zero Hour Contract working poor low minimum wage Gini coefficient austerity David Cameron George Osborne underinvestment unemployment long-term youth structural job creation Service Sector Jobs tax credit child free Privatisation Council inequality post code lottery health commuting safety net DWP Iain Duncan Smith bedroomhttps://pinboard.in/u:asterisk2a/b:4e7a9aced915/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/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/UK's most expensive city facing 'catastrophe' - BBC News2015-10-20T16:57:56+00:00
http://www.bbc.co.uk/news/uk-34573656
asterisk2aUK Housing Crisis green belt Supply and Demand property bubble speculative bubbles generation rent Generationengerechtigkeit fairness babyboomers vested interest groups mortgage market shared economic commuting quality of life standard living cost city disposable income discretionary spending underinvestment productive investment NHS Grampian Public Services Social Tories nasty party Conservative distortion ZIRP NIRP QE hot-money credit China capitalism collusion Policy Makers lobbyist lobby Lobbying affordable entry center ownership Career Politicians No Representation democracy minority folly error competitive competitiveness macroprudential Buy to Help Scheme Right fiscal austerity deprivation urbanisation urban planning monetary unknown unkown unintended consequences general election 2020 George Osborne David Cameron Toff Privileged Establishment Entitlement Millennials generationyhttps://pinboard.in/u:asterisk2a/b:4827e6e88396/Average monthly rent hits record high of £816, highlighting housing shortage | Money | The Guardian2015-10-16T18:59:09+00:00
http://www.theguardian.com/money/2015/oct/16/average-monthly-rent-hits-record-high-of-816-highlighting-housing-shortage
asterisk2ageneration rent Generationengerechtigkeit fairness mortgage market social housing affordable discretionary spending disposable income Supply and Demand Crisis profiteer Wall Street crony capitalism shareholder value profit maximisation CEO pay bonuses standard of living quality life speculative bubbles ZIRP NIRP QE constituency nasty party Tories Conservative Policy Makers neoliberalism neoliberal Buy-to-Let Help to Buy Scheme Righthttps://pinboard.in/u:asterisk2a/b:efc1e7fc425d/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/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/The new right to buy is solving 1979’s problems at today’s expense | Gaby Hinsliff | Comment is free | The Guardian2015-09-26T00:38:13+00:00
http://www.theguardian.com/commentisfree/2015/sep/25/right-to-buy-tories-housing-associations
asterisk2aHelp to Buy Scheme Rent Right neoliberalism neoliberal Supply and Demand Tories Conservative Party austerity David Cameron George Osborne dogma ideology affordable housing social UK 2015 budget2015 Generationengerechtigkeit generation bank bailout banking crisis trickle-down economics Wall Street profit maximisation shareholder value shared economic interest infrastructure investment underinvestment general election 2020 campaign promises productive productivity output gap commuting disposable income discretionary spending wage growth stagnation low job creation labour market Niedriglohnsektor squeezed middle class generationy Millennials sovereign debt recovery history household consumer servitude credit bubble NPL mortgage BOE fiscal policy monetary macroprudential macroeconomic microeconomic Mark Carney financial incentive tax code distortion Buy-to-Lethttps://pinboard.in/u:asterisk2a/b:e8b6e33b7729/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/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/'Million' new homes target declared by minister Brandon Lewis - BBC News2015-09-21T19:16:50+00:00
http://www.bbc.co.uk/news/uk-england-34209027
asterisk2aHousing Crisis affordable social UK property bubble speculative bubbles asset Supply and Demand budget2015 austerity self-regulation crony capitalism Wall Street shareholder value profit maximisation Policy Makers Tories Conservative Party Career Politicians No Representation Toff Privileged Establishment generation rent Generationengerechtigkeit fairness bank bailout sovereign debt budget deficit Public Services child poverty trap disposable income discretionary spending macroprudential macroeconomic microeconomic George Osborne infrastructure investment underinvestment commuting well being quality of life Gini coefficient inequality standard living homelessness rough sleeping babyboomers mobility post code lottery educationhttps://pinboard.in/u:asterisk2a/b:379dc242e95a/RICHARD KOO: 'Struggle between markets and central banks has only just begun' - Business Insider2015-09-19T04:40:16+00:00
http://uk.businessinsider.com/richard-koo-struggle-between-markets-and-central-banks-has-only-just-begun-2015-9
asterisk2aRichard Koo Taper 2015 credit bubble reflate reflation monetary policy fiscal Janet Yellen Fed mandate China BRIC global economy trade western world secular stagnation deflationary deflation asset speculative bubbles hunt for yield FOMO property equity bond distortion correction Student Loan ZIRP NIRP QE BIS centralbanks BOE Abenomics BOJ ECB unconventional liquidity trap excess reserves retail banking consumer debt household deleveraging wage growth income low marginal propensity to consume disposable discretionary spending distribution inequality Gini coefficient mobility social Niall Ferguson bank bailout crisis recovery GFC austerity Schuldenbremse Pact European Union UK USA Career Politicians crony capitalism No Representation fairness Generationengerechtigkeit sovereign PR spin doctor reframing framing trickle-down economics neoliberalism neoliberal investment business confidence Blue Ocean PBOC New Normal economic stimulushttps://pinboard.in/u:asterisk2a/b:7750660fcc28/Brazil's downgrade | Authers' Note - YouTube2015-09-17T01:05:08+00:00
https://www.youtube.com/watch?v=UCT4goZcGrw
asterisk2aBrazil BRIC Developing World China credit bubble Latin America India Russia South Africa 2015 Niall Ferguson NiallFerguson recovery GFC QE ZIRP NIRP distortion emerging middle class western aggregate demand Supply and economic history Richard Koo monetary policy stimulus transmission mechanism theory globalization globalisation hunt for yield FOMO frothy correction equity speculative bubbles speculation property asset allocation capital hot-money currency-war currency debasement war Fed BOE BOJ Abenomics ECB PBOC banking crisis bank bailout austerity UK USA Europe Fiscal Pact Schuldenbremse consolidation trickle-down economics neoliberalism neoliberal income growth disposable discretionary spending low job creation labour market wage secular stagnation distribution Super Rich 1% marginal propensity to consume consumer debt household business investment confidence global trade economy imbalances Structural Impediments imbalance underemployed participation rate productivity output gap macroeconomic microeconomihttps://pinboard.in/u:asterisk2a/b:4e4b0831cb7a/Consumed: How We Buy Class in Modern Britain: Amazon.co.uk: Harry Wallop: 9780007457106: Books2015-09-13T18:35:55+00:00
http://www.amazon.co.uk/Consumed-How-Class-Modern-Britain/dp/0007457103/
asterisk2a> decision fatigue]]>status anxiety symbol quo socioeconomic social identity visual labels label boxes snap judgement Alain de Botton book materialism consumer choice consumerism consumerist zombie closetphile marketing reframing framing Apple aspirational product advertisement advertising childhood development prejudice society Gesellschaft Wegwerfgesellschaft short-term substance abuse climate change global warming long-term view thinking counter culture Silicon Valley entrepreneurship Opportunism opportunist crony capitalism post-capitalism Share Economy marginal propensity to consume disposable income discretionary spending finite resources ecological disaster plastic nation bag environmental Millennials generationy Wall Street profit maximisation shareholder value shared economic interest crisis unintended consequences unknown unkown Polarisation manufactured consent corporate media lobbyist lobby Lobbying Career Politicians nanny state revolving door propaganda CSR responsibility values character personal PR spin doctor conhttps://pinboard.in/u:asterisk2a/b:51ff14fdb566/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/▶ 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/Vince Cable: ‘Historically, the coalition will be seen as a success’ – interview | Politics | The Guardian2015-09-05T12:38:34+00:00
http://www.theguardian.com/politics/2015/sep/05/vince-cable-historically-coalition-will-be-seen-as-success
asterisk2aGeorge Osborne David Cameron Career Politicians No Representation social contract political theory austerity Tories Conservative Party Toff Establishment Privileged Generationengerechtigkeit fairness Liberal Democrats UK policy folly error budget2015 underinvestment R&D STEM Research productive investment infrastructure public business productivity output gap Richard Koo economic history trickle-down economics neoliberalism neoliberal Gini coefficient child poverty trap DWP Iain Duncan Smith income mobility inequality London bank bailout self-regulation deregulation banking tax evasion avoidance Opportunism opportunist short-term corporate rate Super Rich 1% babyboomers education free working poor precarious work Precariat credit housing affordable asset bubble property equity 2015 generation rent student loan debt disposable discretionary spending household job creation Service Sector Jobs Niedriglohnsektor self-employment general election campaign promises class warfare secular stagnation recovery GFC soverhttps://pinboard.in/u:asterisk2a/b:b4d1091de85f/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/Alibaba Is the Canary in China's Coal Mine - Bloomberg View2015-09-02T23:11:01+00:00
http://www.bloombergview.com/articles/2015-09-01/alibaba-is-the-canary-in-china-s-coal-mine
asterisk2aAlibaba China Jack Ma 2015 credit bubble PBOC equity asset property speculative bubbles hunt for yield speculation Yuan RMB devaluation distortion QE ZIRP NIRP margin trading leverage discretionary spending Call Taper Fed BOE balance sheet recession underwater market intervention bond unknown unkown unintended consequences hubris irrational exuberance western world faultlines Structural Impediments imbalance savings glut correlation excess reserves banking crisis shadow investment New Normal fractional reserve BIS centralbanks monetary policy fiscal short-term 1% Super Rich Privileged Establishment Toff bank bailouthttps://pinboard.in/u:asterisk2a/b:67f0dab0ffae/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/Why Generation Rent doesn’t care about your precious green belt | Joel Golby | Comment is free | The Guardian2015-08-06T02:50:29+00:00
http://www.theguardian.com/commentisfree/2015/aug/05/generation-rent-concrete-over-green-belt-renting
asterisk2ageneration rent Housing Crisis Generationengerechtigkeit disposable income discretionary spending Right to Buy Buy-to-Let Help Scheme property bubblehttps://pinboard.in/u:asterisk2a/b:dc6818d50e50/UK interest rate rises - waiting for lift-off | Business | The Guardian2015-08-02T17:01:39+00:00
http://www.theguardian.com/business/economics-blog/2015/aug/02/uk-interest-rate-rises-waiting-for-lift-off
asterisk2aBOE Taper austerity fiscal policy monetary ZIRP NIRP QE UK economic history recovery stimulus Mark Carney 2015 balance sheet recession debtoverhang deleveraging savings rate consumer debt sovereign crisis household monetisation monetization private credit card mortgage market discretionary spending disposable income macroeconomics macroprudential macroeconomic microeconomic current account deficit Makers folly error Career Politicians No Representation short-term thinking view David Cameron George Osborne IMF OECD Toff dogma ideology neoliberalism neoliberal fairness Establishment Privileged asset bubble hunt for yield allocation speculative bubbles Funding Lending Scheme Help to Buy housing affordable STEM education industrial globalization globalisation competitiveness competitive competition advantage London Westminster distortionhttps://pinboard.in/u:asterisk2a/b:c1c7abbac6a4/The Coming Crash & The Recession That Never Ended - Part 1 - YouTube2015-07-18T16:37:23+00:00
https://www.youtube.com/watch?v=sRTgRQbGeQE
asterisk2aRichard Wolff Taper equity bubble China irrational exuberance ZIRP NIRP QE unintended consequences unknown unkown asset hunt for yield stock buyback fundamentals economic growth recovery UK USA balance sheet recession Europe Koo job creation Service Sector Jobs labour market participation rate underemployed structural unemployment imbalance Impediments youth long-term Gini coefficient income disposable low distribution inequality wage stagnation employment self-employment squeezed middle class precarious work working poor social mobility Robert Shiller robertshiller part-time Contractor Zero Hour Contract uncertainty Niedriglohnsektor minimum Niedriglohn Lohnzurückhaltung lohndumping Zeitarbeit Leiharbeit monetary policy fiscal deleveraging debtoverhang savings debt servitude Super Cycle behavioral economics finance skills gap education vocational history model trickle-down discretionary spending dogma ideology austerity neoliberal neoliberalism democracy Career Politicians No Representation monetisation mhttps://pinboard.in/u:asterisk2a/b:1527c0b7a3f9/Richard Koo: "Out of the Balance Sheet Recession and into QE 'Trap'" - YouTube2015-07-14T20:49:47+00:00
https://www.youtube.com/watch?v=rMGUveWr7Fg
asterisk2a2015 UK USA liquidity trap QE ZIRP NIRP balance sheet recession deleveraging debtoverhang Japan Fed BOE BOJ GFC recovery austerity economic history model academia deflationary monetary transmission mechanism M3 LTRO TLTRO lost decade generation fiscal policy Career Politicians bond bubble equity property negative real interest rate deposit levy growth trickle-down economics secular stagnation headwinds Great Depression PIIGSFB PIGS macroeconomic microeconomic damage behavioral zombie banks Abenomics squeezed middle class wage cash flow management trust distrust long-term view thinking sovereign debt crisis servitude household monetisation monetization Super Cycle student loan private consumer George Osborne David Cameron competitiveness competitive industrial budget2015 business investment infrastructure demographic uncertainty Sozialer Abstieg disposable income discretionary spending Yen JGB Taper greatrecession USD dogma ideology public short-term productivity output gap underinvestment productive book savihttps://pinboard.in/u:asterisk2a/b:7117ac773faf/Davos 2015: Nouriel Roubini says Income Inequality Creates U.S. Plutocracy - YouTube2015-07-14T18:28:40+00:00
https://www.youtube.com/watch?v=t1Vv13XZ5Us
asterisk2aplutocracy Gini coefficient income mobility social American Dream inequality squeezed middle class economic growth USA history wage UK recovery secular stagnation job market creation labour economics STEM productivity Lohnzurückhaltung Niedriglohn Niedriglohnsektor Service Sector Jobs precarious work Precariat working poor security Contractor Zero Hour Contract part-time underemployed skills gap Zeitarbeit Leiharbeit manual value added knowledge worker Blue-collar White-collar minimum living disposable discretionary spending industrial policy fiscal Higher Education vocational Sozialer Abstieg liberal reform neoliberal neoliberalism trickle-down stimulus public investment competitiveness competitive infrastructure borderless flat world globalisation globalization austerity fairness tax evasion code avoidance profit maximisation shareholder Wall Street crony capitalism GFC gender poverty trap child democracy short-term thinking view long-term employability lost decade generation youth unemployment Career Pohttps://pinboard.in/u:asterisk2a/b:63c0482da7eb/UK's inflation rate falls to 0% - BBC News2015-07-14T11:13:34+00:00
http://www.bbc.co.uk/news/business-33518710
asterisk2a> Carney: Current account deficit is a risk highlighted by FPC. UK is relying on the kindness of strangers to finance current account deficit. Household borrowing isn't driving the deficit Tighter fiscal policy is needed. Tighter macroeconomic policy is needed also. Deficit highlights importance of maintaining the attractiveness of the UK for foreign investment // &! bit.ly/1I07olT - BOE's Miles doesn't see secular stagnation in the UK [...] Carney - Health of the financial system is likely to boost productivity [really?] [...] McCafferty: Low income jobs have kept productivity low &! bit.ly/1JfaSxr - Bank is looking at the household sensitivity to rate rises [ mortgage bubble will prevent BOE to raise rates faster as demand stokes as more disposable income is spend on serving interest payments thus depressing GDP growth bc 70% of it is consumer spending ] &! bit.ly/1HtySg1]]>current account deficit UK Mark Carney austerity fairness sovereign debt crisis ZIRP NIRP QE unintended consequences unknown unkown asset bubble equity property George Osborne productivity output gap industrial policy STEM Higher Education added value fiscal Public infrastructure investment recovery economic history competitiveness competitive globalisation globalization flat world borderless deflationary deflation secular stagnation zombie banks Service Sector Jobs job creation market labour economics skills vocational working poor precarious work Precariat squeezed middle class Zero Hour Contract Contractor disposable income discretionary spending household Niedriglohn Niedriglohnsektor underemployed self-employment employability part-time mortgage BOE 2015 macroprudential macroeconomic microeconomic Manufacturing stimulus Taper USA negative real interest rate interestrate servicing payment consumerhttps://pinboard.in/u:asterisk2a/b:62534518b4d4/Can we ever really expect to see the growth of the past again? - Telegraph2015-06-28T19:18:49+00:00
http://www.telegraph.co.uk/finance/economics/11305888/Can-we-ever-really-expect-to-see-the-growth-of-the-past-again.html
asterisk2a> what kind of jobs have been created since 2009? no high productivity/output jobs with marginal costs for each additional unit produced. those just fill in some gap. but do not add to above par economic output (blue ocean) // dot.com recovery was debt fuelled. GFC recovery was debt fuelled. // monetary policy might have saved the world momentarily, but fiscal policy did not put logs and pillars under the world, their respective economies - being prudent - looking long-term raising competitiveness with skilled workforce. things are now as a whole, as wobbily as they were 2009/10. Period.]]>secular stagnation Taper output gap productivity western world UK USA deflationary Europe structural imbalance Impediments underemployed labour market economics Niedriglohn Niedriglohnsektor Service Sector Jobs job creation economic history recovery GFC dot.com policy folly error education vocational Future of Work Mobile Creatives Creative competitiveness competitive globalisation globalization flat borderless abundance marginal cost damage microeconomic long-term view thinking employability unemployment asset bubble ZIRP NIRP QE workforce austerity IMF OECD growth lost decade generation disposable income discretionary spending squeezed middle class precarious Precariat Zeitarbeit Leiharbeit Minijob working poor Gini coefficient mobility downward social Super Rich 1% Sozialer Abstieg Existenzangst demographic sovereign debt crisis debtoverhang balance sheet recession savings glut deleveraging Career Politicianshttps://pinboard.in/u:asterisk2a/b:cae404e62c4e/Who Will Be Hurt Most When The Tech Bubble Bursts? Not VCs | TechCrunch2015-05-30T18:53:39+00:00
http://techcrunch.com/2015/05/24/who-will-be-hurt-most-when-the-tech-bubble-burst-not-vcs/#.qy0vrq:7rfy
asterisk2aSilicon Valley burn rate operations Bill Gurley Unicorn runway FOMO Venture Capital growth round termsheet liquidation preferences Private Market Equity SPV bubble distortion QE ZIRP NIRP disinflation secular stagnation deflationary deflation western world business model revenue revenues fiscal policy income USA OECD sovereign debt crisis austerity disposable error Taper folly monetary productive investment underinvestment infrastructure 1% Super Rich on-demand convenience Share Economy labour economics discretionary spending Schuldenbremse PIGS Brexit Grexit currency war macroeconomics Pact Europe productivity Lohnzurückhaltung job creation globalisation globalization Niedriglohn Niedriglohnsektor Service Sector Jobs flat borderless competitive Future of Work Industrial Revolution 2.0 economic history speculative bubbles speculation demographic Cycle consumer zombie bankshttps://pinboard.in/u:asterisk2a/b:30fff9e079ab/