Pinboard (asterisk2a)
https://pinboard.in/u:asterisk2a/public/
recent bookmarks from asterisk2aCarney: No need for interest rate rises now - BBC News2016-01-19T18:21:52+00:00
http://www.bbc.co.uk/news/business-35351217
asterisk2aFed BOE 2016 Taper UK USA monetary policy Mark Carney mandate productivity output gap inflation expectation targeting nominal GDP deflationary deflation Oil price commodity prices wage secular stagnation economic history austerity fiscal property bubble consumer debt household credit card mortgage market ZIRP NIRP QE private corporate Europe ECB China 2015 global economy BRIC OPEC aggregate demand Richard Koo overcapacity Supply and liquidity trap transmission mechanism stimulus theory unconventional monetisation monetization zombie corporations banks debtoverhang balance sheet recession deleveraging margin trading speculative bubbles equity Super Cycle servitude leverage George Osborne dogma ideology neoliberalism neoliberal faultlines imbalances distortion emerging middle class Frontier Markets sovereign crisis unintended consequences unknown unkown QT financial repression New Normalhttps://pinboard.in/u:asterisk2a/b:6fcbb96b6a0b/Meet the Renegades Steve Keen - YouTube2016-01-18T16:59:39+00:00
https://www.youtube.com/watch?v=KIaXVntqlUE
asterisk2asecular stagnation private debt household consumer credit card UK USA Japan economic history car loan GFC bubble servitude confidence junk bond NPL ZIRP NIRP QE monetary policy fiscal Richard Koo student debtoverhang deleveraging balance sheet recession mortgage market trade deficit current account austerity dogma neoclassical economics book ideology margin trading leverage western world Hegemony China Super Cyclehttps://pinboard.in/u:asterisk2a/b:9d60022e7843/Why are we looking on helplessly as markets crash all over the world? | Will Hutton | Opinion | The Guardian2016-01-17T12:27:09+00:00
http://www.theguardian.com/commentisfree/2016/jan/17/china-economic-crisis-world-economy-global-capitalism
asterisk2aChina credit bubble speculative bubbles equity BRIC 2015 2016 self-regulation capitalism crony Wall Street shareholder value profit maximisation Gig Economy Zero Hour Contract squeezed middle class secular stagnation western world aggregate demand consumer debt debtoverhang Richard Koo economic history balance sheet recession household card car loan mortgage market working poor poverty trap Gini coefficient social mobility income inequality plutocracy oligarchy Super Rich 1% ZIRP NIRP QE distortion George Osborne dogma ideology David Cameron neoliberalism neoliberal globalisation globalization exploitation borderless flat USA UK austerity fiscal policy monetary liquidity servitude wage shared interest NPL shadow banking Career Politicians No Representation democracy Generationengerechtigkeithttps://pinboard.in/u:asterisk2a/b:0d2fe5c4a4b6/"Markets Crash When They're Oversold" | Zero Hedge2016-01-15T14:51:43+00:00
http://www.zerohedge.com/news/2016-01-14/markets-crash-when-theyre-oversold
asterisk2aOil price shale gas fracking job creation USA 2016 Service Sector Jobs Manufacturing globalization globalisation neoliberalism neoliberal borderless flat world economic history UK low income wage stagnation growth disposable discretionary spending consumer debt squeezed middle class household property bubble working poor precarious work Precariat security market jobcreation job-creation recovery GFC dogma ideology austerity tax evasion avoidance corporate welfare subsidies subsidizing lobbyist lobby Lobbying trade agreement TPP TTIP NAFTA CETA European Union sovereign crisis credit China BRIC structural imbalance global imbalances faultlines 2015 presidency barackobama ZIRP NIRP QE George Osborne private debtoverhang servitude student loan card car liquidity trap Richard Koo balance sheet recession deleveraginghttps://pinboard.in/u:asterisk2a/b:2749ea59115c/Hinkley Point nuclear agreement reached - BBC News2015-10-21T18:09:26+00:00
http://www.bbc.co.uk/news/business-34587650
asterisk2aHinkley Point C foreign investment China UK AIIB nuclear power energy policy renewable price George Osborne nasty party Tories dogma ideology corporate welfare subsidies subsidizing Restrisiko budget2015 solar green wind offshore David Cameron Conservative Makers lobbyist lobby Lobbying Wall Street shareholder value profit maximisation Smart Grid direct relations affairs Hegemony austerity recovery sovereign debt crisis trickle-down economics underinvestment productive ZIRP NIRP QE Richard Koo secular stagnation Niall Ferguson competitiveness competitive trade agreement free Steve Hiltonhttps://pinboard.in/u:asterisk2a/b:ecc665cb8f20/Weltwirtschaft: BIZ warnt vor Krediten in Schwellenländern - SPIEGEL ONLINE2015-09-19T04:51:08+00:00
http://www.spiegel.de/wirtschaft/unternehmen/weltwirtschaft-biz-warnt-vor-krediten-in-schwellenlaendern-a-1052705.html
asterisk2aBIS credit bubble 2015 China BRIC NPL shadow banking junk bond creditrating crisis excess reserves QE ZIRP NIRP hot-money currency-war currency debasement war centralbanks economic history hunt for yield FOMO speculative bubbles FX Turkey Brazil Developing World Fed distortion unknown unkown unintended consequences Raghuram Rajan BOE BOJ Abenomics PBOC ECB emerging market middle class AIIB Asia South Africa Latin America deflationary deflation secular stagnation western Niall Ferguson globalization globalisation wage disposable income distribution inequality growth mobility gap GFC recovery fiscal policy monetary austerity Pact European Union UK USA Richard Koo Joseph Stiglitz Paul Krugman dogma ideology mandate inflation targeting New Normal trap liquidity reflate reflation asset allocation property capital QT debt monetisation monetization trickle-down economics marginal cost of abundance digital economy Software Is Eating The Bank IMF savings glut faultlines structural imbalance Impediments Super Cycle serhttps://pinboard.in/u:asterisk2a/b:9eccbd653f2a/Raghuram Rajan - One-on-One: an investigative interview - 44th St. Gallen Symposium - YouTube2015-09-14T22:55:17+00:00
https://www.youtube.com/watch?v=fxvtxhKEYic
asterisk2a> little domestic positive impact but spilled over much across the world! // consequences now seen (1) taper tantrum late 2014 & then summer 2015; china slow-down/equity crash & taper anticipation moves followed up by pulling money out of emerging/developing markets! financial market are divergent from domestic business market. cycles shifted apart slightly. investor, business, financial market & consumer confidence are not linked as tightly before! // financial markets are now global, business markets itself not as much! money can be pulled out digitally in an instance. // no net-positive 4 whole world. selfishness. long-run danger. unintended consequences, unknown unknowns. // global sub-optimal monetary policy // global system (monetary system) broke // uncertainty, unknown of taper. timing debate. game of chicken. volatility bc of lots of froth, distortion! // &! youtu.be/SZe3issLIb8]]>Raghuram Rajan BIS centralbanks hot-money currency-war currency debasement war GFC recovery monetary policy QE ZIRP NIRP excess reserves speculative bubbles reflate reflation economic history faultlines credit bubble BRIC 2015 emerging market Developing World western secular stagnation BOJ Abenomics PBOC globalization globalisation financial zombie banks savings glut business confidence investment USA UK Europe China asset allocation FOMO hunt for yield speculation Super Rich 1% property unconventional Fed BOE ECB inflation expectation targeting mandate deflationary deflation fiscal irrational exuberance panic hubris unknown unkown unintended consequences Taper book structural imbalance Impediments reserve fiat current account deficit trade stimulus Germany austerity dogma ideology credibility Career Politicians Pact Schuldenbremse transmission mechanism theory system complexity incomplete information shadow banking uncertainty volatility distortion repression governancehttps://pinboard.in/u:asterisk2a/b:f34f2d8b5d3e/Public Lecture by Professor Niall Ferguson 2013-04-09 - YouTube2015-09-13T19:55:34+00:00
https://www.youtube.com/watch?v=36WT2butNrw
asterisk2aNiallFerguson Niall Ferguson Margaret Thatcher economic history political economy GFC recovery credit bubble book Adam Smith adamsmith austerity ideology dogma George Osborne David Cameron USA UK China social contract cohesion tension socialism capitalism crony neoliberalism neoliberal Privatisation monetary policy fiscal hayek reflate reflation Fed ECB BOJ BOE Makers BIS QE ZIRP NIRP bank bailout sovereign debt crisis banking zombie banks excess reserves liquidity trap transmission mechanism M3 business confidence Taper 2015 secular stagnation wage growth income global trade globalization imbalances globalisation flat world borderless JohnMaynardKeynes keynes Keynesianism stimulus aggregate demand marginal propensity to consume consumer Richard Koo private debtoverhang deleveraging household monetisation monetization developed western squeezed middle class disposable distribution inequality Gini coefficient BRIC emerging market Angela Merkel Wolfgang Schäuble Developing Frontier Markets inflation targetinhttps://pinboard.in/u:asterisk2a/b:c62668d3caf0/US stocks nosedive in early trading amid collapse in global markets | Business | The Guardian2015-08-24T14:44:58+00:00
http://www.theguardian.com/business/2015/aug/24/us-stocks-dow-falls-global-markets-collapse
asterisk2acorrection asset bubble allocation emerging market hunt for yield unintended consequences 2015 unknown unkown hot-money ZIRP NIRP QE reflate reflation recovery GFC structural imbalance global imbalances China USA western world secular stagnation Developing developed Europe UK Singapore Asia economy trade energy price Oil OPEC economic history Taper Abenomics Japan Fed BOE ECB BOJ Richard Koo equity bond deflationary deflation job creation participation rate industrial policy Makers short-term thinking view folly error PBOC distortion faultlines Impediments STEM underinvestment productive investment output gap productivity Paul Krugman Larry Summers Ben Bernanke Janet Yellen Mark Carney MarioDraghi Angela Merkel Wolfgang Schäuble austerity fiscal Pact Schuldenbremse stimulus George Osborne dogma IMF OECD ChristineLagarde ideologyhttps://pinboard.in/u:asterisk2a/b:b376aac50f71/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/Robert J. Shiller: "Are We Headed for Another Financial Crisis?" (final edition, as of MAR 8) - YouTube2015-07-15T22:21:53+00:00
https://www.youtube.com/watch?v=ed0TXsGN3wc
asterisk2aRobert Shiller financialcrisis GFC economic history book recovery ZIRP NIRP QE credit bubble equity property speculative bubbles speculation psychology confidence irrational exuberance animal spirit austerity Fiscal Pact Schuldenbremse ideology dogma model financial crisis housing market UK USA China Japan Richard Koo deflationary hunt for yield sustainable sustainability Richardkoo balance sheet recession deflation secular stagnation negative real interest rate Taper BOJ BOE Fed ECB sovereign debt monetary policy system stimulus unconventional transmission mechanism theory modern crony capitalism mainstreet.org mainstreet Wall Street exploitation uncertainty deleveraging savings business investment Sozialer Abstieg inequality income tax code capital gains fairness Software Is Eating The World consumer public productive personal underinvestment infrastructure socioeconomic status anxiety social zombie corporations banks Gesellschaft solidarity society soziologie sociology worry squeezed middle class precariouhttps://pinboard.in/u:asterisk2a/b:17fd7298d09d/Credit Booms & Credit Busts - YouTube2015-07-15T21:55:02+00:00
https://www.youtube.com/watch?v=6qVAVnVfgcg
asterisk2aBIS equity bubble speculative bubbles credit asset property macroprudential policy macroeconomic ZIRP NIRP QE Taper unintended consequences unknown unkown complexity bond Student Loan debt regulation oversight governance BOE simplicity incomplete information academia academics economist behavioral economics finance economic history systemicrisk EuropeanSystemicRiskBoard financial market sustainable sustainability mortgage UK USA China speculation contagion monetary unconventional theory modern boom cycle Makers folly error Career Politicians short-term thinking view political economy centralbanks damage model Richard Koo animal spirit austerity transmission mechanism robertshiller Robert Shiller ideology dogma sovereign crisis populism corporate state manufactured consent Lügenpresse BOJ Fed currency war debasement ECB negative real interest rate Japan hunt for yield irrational exuberancehttps://pinboard.in/u:asterisk2a/b:dccc1cd74057/