Pinboard (asterisk2a)
https://pinboard.in/u:asterisk2a/public/
recent bookmarks from asterisk2aMany graduates earn 'paltry returns' for their degree - BBC News2018-02-05T18:52:56+00:00
http://www.bbc.co.uk/news/education-42923529
asterisk2aUK University College degree higher education policy student debt loan disposable income discretionary spending growth Privatisation Tony Blair meritocracy meritocratic social mobility Austerity Productivity Services economy output gap potential Precariat working poor poverty trap Brexit JAMhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:5fbde1cd309b/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/(2195) Jo Johnson forgets his lines as he gets schooled by James O'Brien on Newsnight - YouTube2017-07-06T19:17:00+00:00
https://www.youtube.com/watch?v=8dsp7HbghCk
asterisk2aJo Johnson education policy College University Enlightenment profit maximisation Privatisation student debt loan tuition fee Markets Fraud UK USA Visa Abuse self-regulation regulation regulators immigration Productivity Conservative Party nastyparty nasty Tories Bologna Erasmus disposable income discretionary spending Millennials living standard GFC recovery Generationengerechtigkeit secular stagnation output gap underinvestment Austerityhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:1444f95b2d4a/(1805) Keiser Report: #Carmageddon (E1086) - YouTube2017-06-20T17:30:36+00:00
https://www.youtube.com/watch?v=8X27nX2GoZU
asterisk2aCarmageddon subprime car loan auto debt consumer discretionary spending disposable income USA household creditcard credit card ZIRP NIRP QE zombie bank recovery Fed bad NPL non-performing healthcare student subsidies studentloan studentdebt bubble babyboomers babyboomer pension obligation scheme secular stagnation GFChttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:d63ad6867cfb/UK student loan debt soars to more than £100bn | Money | The Guardian2017-06-15T20:21:46+00:00
https://www.theguardian.com/money/2017/jun/15/uk-student-loan-debt-soars-to-more-than-100bn
asterisk2aMillennials disposable income discretionary spending UK student loan debt householdhttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:e5b37024cd3e/At Over $2.5 Trillion, US Student And Auto Loans Hit New All Time High | Zero Hedge2017-02-08T13:34:09+00:00
http://www.zerohedge.com/news/2017-02-07/over-25-trillion-us-student-and-auto-loans-hit-new-record-high
asterisk2aUSA auto loan car debt Student household consumer credit card disposable income discretionary spendinghttps://pinboard.in/https://pinboard.in/u:asterisk2a/b:82dc0220450e/Universities announce fees above £9,000 limit2016-07-20T16:15:42+00:00
http://www.bbc.co.uk/news/education-36845106
asterisk2aUniversity tuition fee Conservative Party Tories nasty Justine Greening Nicky Morgan Michael Gove Theresa May David Cameron Nick Clegg Liberal Democrats UK student debt Loan Bubble StudentLoans loans discretionary spending disposable income servitudehttps://pinboard.in/u:asterisk2a/b:de2755b1d6ed/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/Waiters And Bartenders Rise To Record, As Manufacturing Workers Drop Most Since 20092016-04-03T12:15:17+00:00
http://www.zerohedge.com/news/2016-04-01/waiters-and-bartenders-rise-record-manufacturing-workers-drop-most-2009
asterisk2aUK USA job creation Manufacturing industrial policy competitiveness competitive Service Sector Jobs minimum wage low pay income productivity gap recovery economic history budget deficit tax receipts IRS HMRC trade current account precarious work Precariat squeezed middle class loss security insecurity working poor Contractor Zero Hour Contract Budget2016 George Osborne STEM skills apprenticeships 2015 2016 China BRIC global economy globalisation globalization outsourcing self-employment free credit social safety net welfare state output participation rate babyboomers western world secular stagnation Support growth disposable discretionary spending household debt consumer card car loan student Generation Rent Generationengerechtigkeit evasion avoidance amnesty crony capitalism shareholder profit maximisation maximization Wall Street value multiplier-effect austerityhttps://pinboard.in/u:asterisk2a/b:ed34f319e61b/George Osborne: A profile of the man behind the Budget - BBC Newsnight2016-03-31T14:05:11+00:00
https://www.youtube.com/watch?v=oLHXGdtSRrs
asterisk2aBudget2016 George Osborne Career Politicians austerity economic history Tories Conservative Party nasty David Cameron Brexit HS2 minimum wage living budget deficit trade secular stagnation recovery Toff No Representation Privileged Establishment demographic bubble bank bailout Positioning dogma ideology neoliberal neoliberalism spin doctor PR disposable income discretionary spending squeezed middle class consumer debt household credit card Student Loan Generation Rent underinvestment Richard Koo Japan nominal GDP targeting growth of shareholder capitalism crony current account GBP Sterling business confidence global economy fault lines ZIRP NIRP QE BOE Mark Carneyhttps://pinboard.in/u:asterisk2a/b:c51e8b42a6ae/Budget 2016 shows Osborne's failure on debt, surplus, GDP2016-03-25T21:32:40+00:00
https://www.youtube.com/watch?v=sjyLziYrH3I
asterisk2abudget2015 budget2016 budget2010 general election 2010 2015 PR spin doctor economic history Positioning Richard Koo austerity underinvestment dogma ideology policy folly error George Osborne David Cameron nasty party Iain Duncan Smith corporate tax rate welfare subsidies evasion avoidance Google Inc. shareholder capitalism bank bailout budget deficit Tories Conservative secular stagnation aggregate demand babyboomers ageing population Northern Powerhouse triple-lock pension obligation Generationengerechtigkeit fairness Generation Rent property bubble Service Sector Jobs job creation squeezed middle class working poor precarious work credit wage productivity output gap Gini coefficient income receipts code Zero Hour Contract part-time underemployment underemployed low pay BOE ZIRP NIRP QE consumer debt household card campaign promises car loan student discretionary spending disposable child poverty Food Privatisation Council Public Services Social bed blocking education skills Academy NHShttps://pinboard.in/u:asterisk2a/b:7c1e1edd2adb/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/Central bankers on the defensive as weird policy becomes even weirder | Business | The Guardian2016-03-01T09:35:52+00:00
http://www.theguardian.com/business/economics-blog/2016/feb/21/central-bankers-on-the-defensive-as-weird-policy-becomes-even-weirder
asterisk2amonetary policy G20 fiscal stimulus system transmission mechanism liquidity trap UK western world USA Japan Abenomics George Osborne Angela Merkel Wolfgang Schäuble Pact Schuldenbremse economic history recovery secular stagnation productivity underinvestment MarioDraghi ZIRP NIRP QE ECB BOE Fed Taper deflationary deflation nominal GDP targeting inflation zombie banks MervynKing corporations consumer Richard Koo Gini coefficient inequality squeezed middle class wage discretionary spending distortion property bubble disposable income productive investment austerity business confidence foreign direct debt household credit card car loan student folly error short-termism Career Politicians neoliberalism neoliberal trickle-down economics self-regulation City of London banking retail OECD IMF KennethRogoff hot-money hunt for yield asset allocation speculative bubbles speculation reflate reflation financial repression New Normal trusthttps://pinboard.in/u:asterisk2a/b:146590100563/UK consumes far less than a decade ago – 'peak stuff' or something else? | Business | The Guardian2016-02-29T22:57:32+00:00
http://www.theguardian.com/uk-news/2016/feb/29/uk-consumes-far-less-ons-crops-energy-metals-average-material-consumption
asterisk2apeak stuff secular stagnation demographic bubble zombie consumer materialism status anxiety consumerist choice consumerism sustainability sustainable resource depletion finite resources debt marginal propensity to consume disposable income discretionary spending household car loan credit card student StudentLoans savings rate retirement poverty in old age squeezed middle class wage job creation low pay Zero Hour Contract Contractor self-employment working poor precarious work Precariat capitalism western world COP21 carbon tax carbonfootprint carbonemission sharing economy Service Sector Jobs recyclinghttps://pinboard.in/u:asterisk2a/b:91b630be4563/Brexit referendum could destabilise UK recovery, says IMF | Business | The Guardian2016-02-25T05:37:09+00:00
http://www.theguardian.com/politics/2016/feb/24/brexit-referendum-destabilise-uk-economic-recovery-imf-lagarde
asterisk2aBrexit austerity household debt consumer property bubble credit card car loan student IMF OECD job creation Service Sector Jobs trade deficit UK George Osborne David Cameron fiscal policy industrial labour market underinvestment education NHS child poverty Gini coefficient inequality social mobility income recovery 2016 general election 2015 budget campaign promises Manifesto Generationengerechtigkeit fairness trickle-down economics neoliberalism neoliberal Zero Hour Contract part-time minimum wage tax Contractor self-employment low pay Precariat working poor disposable discretionary spending servitude monetary stimulus Pact Schuldenbremse 2020https://pinboard.in/u:asterisk2a/b:dbfbb4d2d84a/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/Full-time work is no bar to poverty in UK, report says | Society | The Guardian2016-02-15T18:54:44+00:00
http://www.theguardian.com/society/2016/feb/15/full-time-work-is-no-bar-to-poverty-in-uk-report-says
asterisk2aService Sector Jobs job creation precarious work Precariat minimum wage Zero Hour Contract Contractor UK poverty tax credit child squeezed middle class stagnation income growth low pay disposable discretionary spending distribution inequality Gini coefficient mobility downward social redistribution free recovery austerity living standard quality of life Perspective Perspektivlosigkeit deprivation economic security GFC secular history health trickle-down economics dogma ideology neoliberalism neoliberal corporate rate welfare subsidies subsidizing DWP George Osborne David Cameron Iain Duncan Smith budget deficit evasion avoidance USA household debt consumer card car loan student Bubble care safety net statehttps://pinboard.in/u:asterisk2a/b:c562b1ce439f/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/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/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/Nasty Gal Layoffs Hit 10 Percent of Staff | Re/code2016-02-06T03:00:13+00:00
http://recode.net/2016/02/04/online-fashion-retailer-nasty-gal-cuts-10-percent-of-staff/
asterisk2aNasty Gal Branding Brand e-commerce Retail pure play Amazon brick and mortar business squeezed middle class discretionary spending disposable income USA consumption consumer debt household credit card car loan student Bubble low pay Precariat precarious work eBay zombie Primark status symbol anxiety consumerist consumerism secular stagnation servitude retirement pension scheme 401k fiscal policy austerity monetary reflate reflation economic history recovery job creation Service Sector Jobs emerging western world BRIC market Frontier Marketshttps://pinboard.in/u:asterisk2a/b:3a3844cc69b9/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/James Galbraith, Kate Pickett, Branko Milanovic - Consequences of Inequality and Wealth Distribution - YouTube2016-01-30T03:05:36+00:00
https://www.youtube.com/watch?v=9xMU1OI2K_U
asterisk2ainequality income Gini coefficient education policy distribution redistribution tax free mobility social health gender trickle-down economics neoliberalism neoliberal welfare state safety net progressive code Super Rich 1% oligarchy plutocracy democracy No Representation Career Politicians evasion avoidance Universal Basic inheritance financial literacy wealth wealth-distribution transferring-wealth Thomas Piketty Joseph Stiglitz Robert Reich squeezed middle class globalization globalisation Paul Krugman Elizabeth Warren austerity fairness Generationengerechtigkeit fiscal economic growth Supply and Demand disposable discretionary spending credit bubble GFC recovery monetary debt servitude consumer household Student Loan card history macroeconomic microeconomic competitiveness productivity knowledge worker book monopoly oligopoly oligopol American Dream meritocracy meritocratic post-racial America market freemarkets dogma ideologyhttps://pinboard.in/u:asterisk2a/b:9eb32767db3c/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/Sean Bean’s battle cry: ‘I despair at the state of further education’ | Education | The Guardian2016-01-17T12:20:04+00:00
http://www.theguardian.com/education/2016/jan/16/further-education-colleges-cuts-sean-bean-ainsley-harriott
asterisk2aeducation policy social mobility income safety net welfare state austerity post code lottery inequality UK George Osborne Generationengerechtigkeit Tories nasty party Conservative David Cameron constituency babyboomers budget2015 short-termism budget deficit dogma ideology Career Politicians No Representation democracy fairness generation rent student loan debt Bubble discretionary spending disposable servitude consumer credit card householdhttps://pinboard.in/u:asterisk2a/b:8683086a0af9/"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/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/Will scrapping nurse bursaries help or worsen NHS staffing crisis? | Healthcare Professionals Network | The Guardian2015-12-08T01:04:12+00:00
http://www.theguardian.com/healthcare-network/2015/dec/07/will-scrapping-nurse-bursaries-help-or-worsen-nhs-staffing-crisis
asterisk2aNHS budget deficit budget2015 student debt loan household education policy private consumer Bubble Maintenance Grant Allowance UK Gini coefficient income mobility social inequality servitude disposable discretionary spending staff shortage locum ageing population demographic nasty party Tories Conservative Toff Privileged Establishment class warfare austerity Career Politicians No Representation constituency babyboomers Generationengerechtigkeit fairness bank bailout tax evasion avoidance corporate welfarehttps://pinboard.in/u:asterisk2a/b:f3a3c3099386/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/If you don't shop, retailers drop - BBC News2015-11-18T21:44:23+00:00
http://www.bbc.co.uk/news/uk-scotland-scotland-business-34855972
asterisk2aUK GFC recovery economic history Retail pure play e-commerce Amazon tax evasion avoidance brick and mortar business squeezed middle class disposable income discretionary spending Sozialer Abstieg wage growth stagnation distribution inequality zombie consumer credit card debt household student loan reflate reflation ZIRP NIRP secular QE asset bubble austerity George Osborne Tories Conservative Party nasty uncertainty budget2015 fairness Generationengerechtigkeit trickle-down economics neoliberalism neoliberal David Cameron child working warfarehttps://pinboard.in/u:asterisk2a/b:51f10be13704/Cuts to grants are 'slamming the door' on poor students - BBC News2015-11-05T08:54:30+00:00
http://www.bbc.co.uk/news/uk-34720374
asterisk2aUK austerity Gini coefficient social mobility income Education Maintenance Allowance Student Grant College tuition fee Loan Bubble nasty party Tories Conservative inequality David Cameron George Osborne fairness Generationengerechtigkeit babyboomers Millennials generationy generation rent discretionary spending savings rate retirement pension scheme debt servitude obligation public fundhttps://pinboard.in/u:asterisk2a/b:2c1416d1360a/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/Matthew Hancock ripped apart on Tax Credits, welfare, etc. (05Oct15) - YouTube2015-10-12T19:43:26+00:00
https://www.youtube.com/watch?v=yuPBIAOwP9Y
asterisk2achild tax credit working budget2015 George Osborne David Cameron Tories austerity fairness Generationengerechtigkeit Conservative Party neoliberalism neoliberal minimum wage living Labour general election 2015 campaign promises constituency poor poverty trap precarious work low income Precariat PR reframing framing spin doctor welfare state social safety net DWP Iain Duncan Smith NHS Jeremy Hunt fiscal policy bank bailout justice injustice morality Career Politicians No Representation free part-time Zero Hour Contract Contractor political theory distribution Super Rich 1% evasion avoidance inequality Gini coefficient food mobility Education Maintenance Allowance Student Grant Loan Bubble disposable discretionary spending stagnation growth productivity output gap recovery reflate reflation monetary subsidies subsidizing democracyhttps://pinboard.in/u:asterisk2a/b:3951c40e0c1a/More jobs paying below living wage - BBC News2015-10-12T13:32:10+00:00
http://www.bbc.co.uk/news/business-34505114
asterisk2aNiedriglohnsektor job creation market Lohnzurückhaltung lohndumping low income Service Sector Jobs working poor precarious work Precariat Zero Hour Contract Contractor self-employment labour economics recovery UK disposable discretionary spending security poverty trap child food Gini coefficient social mobility distribution inequality redistribution budget2015 tax credit free minimum wage living Education Maintenance Allowance Student Grant Higher policy post code lottery vocational professional career ladder austerity George Osborne 2015 dogma ideology Tories neoliberalism neoliberal Conservative Party PR spin doctor reframing framing Positioning David Cameron Iain Duncan Smith DWPhttps://pinboard.in/u:asterisk2a/b:6ed373ccb812/Huge pension shortfall facing UK's young adults | Money | The Guardian2015-09-30T13:47:20+00:00
http://www.theguardian.com/money/2015/sep/30/huge-pension-shortfall-facing-uks-young-adults
asterisk2aretirement savings rate glut disposable income discretionary spending pension scheme squeezed middle class wage stagnation growth gap distribution inequality low Sozialer Abstieg working poor Precariat precarious work financial literacy zombie consumer consumerism consumerist materialism status anxiety babyboomers generationy Millennials symbol consumption debt household private student loan Bubble secular competitive competition competitiveness globalization globalisation flat world borderlesshttps://pinboard.in/u:asterisk2a/b:cf6983e47f74/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/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/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/Millennials Can't Afford Cars, and Are Fine With That - Bloomberg View2015-09-09T21:21:56+00:00
http://www.bloombergview.com/articles/2015-09-08/millennials-can-t-afford-cars-and-are-fine-with-that
asterisk2awage growth income squeezed middle class economic disposable discretionary spending history globalization globalisation western world developed UK USA Europe Millennials Generationengerechtigkeit fairness inequality Gini coefficient social mobility marginal propensity to consume trickle-down economics neoliberalism neoliberal Super Rich 1% tax code capital gains Share Economy digital academia academics microeconomic policy student loan debt Bubble stagnation secular household consumer private 2015 recovery Robert Reich Joseph Stiglitz Paul Krugman Thomas Piketty plutocracy Wall Street profit maximisation shareholder value emerging affordable housing cost of living ownership closetphile status anxiety symbol Media materialism zombie consumerist consumerism Workers Union precarious work working poor standard Zeitarbeit Leiharbeit self-employment Zero Hour Contract Contractor competitive competition differentiate differentiation Mobile Creatives Future Universal Basic Germany babyboomers generation rent Richardhttps://pinboard.in/u:asterisk2a/b:a001f6286dd8/▶ 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/Thom Hartmann "The Crash of 2016" - YouTube2015-09-03T06:07:20+00:00
https://www.youtube.com/watch?v=039Zh9KBCqY
asterisk2aAmerican Dream inequality democracy meritocracy meritocratic USA Gini coefficient social mobility income education policy neoliberalism neoliberal Wall Street profit maximisation shareholder value globalization globalisation Robert Reich productivity output gap working poor precarious work Precariat outsourcing Zeitarbeit Leiharbeit part-time squeezed middle class Sozialer Abstieg skill-biased technological change progress Skidelsky Joseph Stiglitz wage growth crony capitalism Super Rich 1% lost generation decade GFC recovery western world developed dot.com reflate reflation credit bubble monetary fiscal austerity bank bailout Generationengerechtigkeit fairness standard of living student loan babyboomers debt disposable discretionary spending zombie consumer status anxiety trickle-down economics economic history labour market job creation security capital gains tax lobbyist lobby Lobbying Career Politicians No Representation contract Gesellschaft Lügenpresse election campaign promises manufactured consenthttps://pinboard.in/u:asterisk2a/b:90b4d59eb04b/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/Most graduates 'in non-graduate jobs', says CIPD - BBC News2015-08-21T17:44:22+00:00
http://www.bbc.co.uk/news/education-33983048
asterisk2alost generation decade earnings microeconomics labour market economics job creation UK recovery GFC George Osborne Generationengerechtigkeit fairness University College student loan debt Maintenance Grant servitude disposable income discretionary spending Middle Class squeezed precarious work working poorhttps://pinboard.in/u:asterisk2a/b:a82f1a4eee8f/The escape from the balance sheet recession and the QE trap: An interview with Richard Koo - YouTube2015-07-14T21:57:27+00:00
https://www.youtube.com/watch?v=HPPV41zNAsg
asterisk2aRichard Koo deflationary book mortgage market credit card private debt austerity underinvestment household current account deficit UK George Osborne David Cameron dogma ideology economic history model value creation added STEM productivity productive investment infrastructure short-term thinking view budget2015 public personal business damage microeconomic policy macroeconomic BOE Mark Carney Toff Privileged Establishment Tories Conservative Party long-term Career Politicians structural Impediments unemployment underemployed part-time Service Sector Jobs job skills gap labour economics Student Maintenance Grant Higher Education vocational loan Gini coefficient social mobility income welfare state poverty trap child tax code working corporate rate free disposable savings imbalance servitude ZIRP NIRP QE fiscal stimulus monetary MervynKing discretionary spending security uncertainty inequality gender propaganda populism media conglomerate manufactured consent skill-biased technological change Funding for Lendinhttps://pinboard.in/u:asterisk2a/b:95a72369f89d/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/Budget 2015: Student maintenance grants scrapped - BBC News2015-07-08T21:32:51+00:00
http://www.bbc.co.uk/news/education-33444557
asterisk2aFachkräftemangel USA UK student loan debt consumer private studentdebt household public Super Cycle social mobility Gini coefficient income disposable discretionary spending poverty welfare state child education policy vocational squeezed middle class contract dogma ideology austerity fairness uncertainty Toff Privileged Establishment Higherhttps://pinboard.in/u:asterisk2a/b:9b7c58171fdb/