The worry of stagflation is spreading widely, as more disappointing economic data is released since the start of the rate hike. Regardless of the warning by authoritative scholars, the real side of the western world is still very strong. Inflation is certainly high, but stagnation is not yet seen. In the current context, to claim…
China Following Japanese Pattern of Debt and Real Estate Crisis
News Analysis Just like with Japan’s meteoric rise to the world’s number two economic power, followed by a crash and stagnation, many experts believe it is not inevitable that China will displace the United States. Following a similar path, during their rapid economic expansion, both Japan and China experienced a debt crisis and real estate…
Larry Summers Blasts ‘Woke Central Banking,’ Warns of Economic Stagnation and ‘Japanization’
November 11, 2021
admin
Business & Economyeconomic policiesEconomieseconomyinflationjapanizationLarry SummersstagnationUSUS News
0 Comment
Former Treasury Secretary Larry Summers, who has repeatedly criticized loose central bank policies and has forcefully sounded the alarm on the upside risks of the current bout of inflation, has warned that global financial markets seem to be pricing in slow growth and low real interest rates for the next several years. “The stimulus that…
How the Pandemic Might Be Affecting Your Vascular Health
You’d be hard-pressed to find anybody who has gone unaffected by the pandemic. Even if you think you’re doing alright, you’re probably wrong. For example, have you been as active as you were before the lockdowns? And even if you’ve boosted your activity to exercise for 45 minutes per day, what are you doing the…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`