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Contributor's Links: Global Economic Intersection

Founded by John Lounsbury and Steven Hansen, Global Economic Intersection (Econintersect) focuses on the economic effects on ... more

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Crude Oil Sinks 20%: Why "Oversupply" Isn't The Half Of It
Oil bulls had been served the ultimate bullish advantage on a black-gold platter; namely, the first major oil supply cut in eight years.
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Does Technology Overwhelm Low Interest Rates For Inflation Dynamics?
Price increases plus productivity gains allow for more pay raises, and when companies can't raise prices and output per worker doesn't expand, they can't increase wages by much.
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May 2017 Headline New Home Sales Improves
The headlines say new home sales improved and were slightly above market expectations.
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The Hidden Mortgage Delinquency Crisis
With the Mortgage Bankers Association’s (MBA) monthly report continuing to show a decline in the delinquency rate, pundits are more convinced than ever that the mortgage crisis is over.
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May 2017 Median Household Income Not Statistically Significant Over The April Median
According to the latest data derived from the monthly Current Population Survey median annual household income in May 2017 was $59,345, an increase judged as not statistically significant over the April median of $59,285.
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A Weak UK Government Might Do A Better Brexit Deal Than A Strong One
When Theresa May called her disastrous snap election, she justified it by saying she needed a longer and stronger mandate to negotiate a Brexit deal.
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Betting On India
2 years ago
I am a foreigner who lives in India about 6 months a year. there is a theory that a ship runs smoother if all rowers are rowing in the same direction - even if it is wrong. At this point Rajan is the rower trying to move the ship in the opposite direction. It is significantly easier to slow an economy down than speed it up - in fact, i see no evidence from anywhere in the world that monetary policy can be used to accelerate an economy. Rajan's policies are a brake on the indian economy.
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