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Global Economic Intersection

The Economic Effects on Finance, Investing, Social Interactions, and Politics
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Global Economic Intersection (Econintersect) focuses on the economic effects on finance, investing, social interactions, and politics / public policy. It features original economic commentary, debate, and economic analysis of economic indicators. It features original economic commentary, debate, ...more
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Bitcoin Drops Below $19K, Is $11K On The Horizon?
Saturday, June 18, 2022 5:18 PM EDT
A brutal day for losses is unfolding as Bitcoin crossed under its previous cycle high for the first time in history. The flagship crypto achieved a bear market first on June 18 as BTC price action gave up $20,000 support.
In this article: BITCOMP
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Bitcoin Price Looks Up At $43K, Where Will BTC Go This Week?
Monday, February 7, 2022 1:00 PM EDT
With a bit of a week of reckoning for its latest gains coming up, here is what may impact the bitcoin market and some of the forces at play that may help shape the Bitcoin price action in the next few days.
In this article: BITCOMP
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The Plague Year - America In The Time Of COVID
Sunday, August 22, 2021 6:16 AM EDT
Are you breathless, exhausted from trying to understand and digest the events of the last year of Donald Trump’s presidency? Pulitzer Prize-winning author Lawrence Wright has written a wonderful account, The Plague Year: America in the Time of COVID.
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Afghanistan Needs A Functioning Currency And Tax System
Sunday, August 22, 2021 3:51 AM EDT
It all comes down to money at some point. Astonishingly, the Taliban might be able to sweep across Afghanistan in days and take Kabul without a fight, but the crisis that faces them now is securing access to a viable currency.
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Mexico's Economic Growth Improves In Second Quarter
Monday, August 16, 2021 10:52 AM EDT
Mexico’s gross domestic product (GDP) grew at an annualized 6.1 percent in second-quarter 2021, faster than the first-quarter growth of 3.1 percent.
In this article: EWW
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July 2021 Survey Of Consumer Expectations: Year-Ahead Inflation Expectations Hold Steady
Tuesday, August 10, 2021 9:43 AM EDT
Median one-year-ahead inflation expectations were unchanged at 4.8% in July while median inflation expectations at the three-year horizon increased slightly to 3.7% from 3.6%, its highest reading since August 2013.
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Why Work-At-Home Darkens America's Future
Monday, August 9, 2021 5:39 AM EDT
It's painfully obvious that the U.S. economy, most particularly the colossally large paper-shuffling sector, no longer needs skyscrapers to conduct business.
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June 2021 Headline New Home Sales Confirms Significant Slowing
Monday, July 26, 2021 8:00 PM EDT
The headlines say new home sales growth slowed month-over-month. New homes for sale rose to a 6.3 months supply at the current sales rate.
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As Scientists Have Long Predicted, Warming Is Making Heatwaves More Deadly
Monday, July 26, 2021 5:16 AM EDT
At the end of June 2021, the Pacific Northwest experienced a record-shattering heatwave. The village of Lytton, in British Columbia, set a new all-time temperature record of 49.6 C,(121.3 F) and was largely destroyed by a wildfire soon thereafter.
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Free Markets: What Could Possibly Go Wrong?
Sunday, July 25, 2021 8:51 AM EDT
This was the lesson of the Wall Street Crash: The banking system and the markets become closely coupled so when asset prices collapse, so does the banking system.
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The EU Unveiled A Carbon Tariff, How Should The U.S. Respond?
Sunday, July 25, 2021 7:46 AM EDT
The European Union unveiled its highly anticipated proposal to levy a fee on carbon-intensive imports July 14 as part of the bloc’s ambitious strategy to decarbonize over the next decade.
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It's Not The Debt We Need To Fix, Stupid! It's Our Thinking
Sunday, July 25, 2021 4:45 AM EDT
The ad nauseam repeated claim that our public debt is excessive and that we have to balance the public budget is nothing but absolute nonsense. The harder politicians try to achieve balanced budgets, the less likely they are to succeed.
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Turmoil In The Indo-Pacific
Saturday, July 24, 2021 10:30 PM EDT
China’s rise has taken the world, and even China itself, by surprise. I
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June 2021 Small Business Optimism: Labor Shortage Remains A Challenge For Small Businesses As Inflation Increases
Tuesday, July 13, 2021 10:36 AM EDT
The NFIB Optimism Index increased 2.9 points in June to 102.5, the first time the Index exceeded 100 since November 2020. Seven of the 10 Index components improved and three declined. The NFIB Uncertainty Index increased four points to 83.
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Probability And The Principle Of Indifference In Applied Economic Reasoning
Thursday, June 24, 2021 5:34 AM EDT
When asked about the possibility of being laid-off many people intuitively know that they have no idea how to calculate such a probability so many of them just shrug their shoulders and give it a 50/50 probability.
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The Grief Pandemic Will Torment Americans For Years
Thursday, June 3, 2021 6:54 AM EDT
With nearly 600,000 in the U.S. lost to COVID-19 - now a leading cause of death - researchers estimate that more than 5 million Americans are in mourning, including more than 43,000 children who have lost a parent.
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1 to 16 of 1976 Posts
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