EconWatch.com > It's Official: The Economy Is Set To Starve - Blogs at Chris Martenson
[Chris Martenson Blogs] So how does the IEA suppose that oil growth can slow down to a paltry 0.5%/year, see China and India increase their consumption massively, and still have everything balance out? We all know that China and India (et al.) have been growing their oil consumption by massive percentages in the recent past, and there's some evidence that we can expect more of that behavior in the years to come.
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[Money Supply blog on central banks] The good and bad news on the UK economy | Money Supply blog on ...: The good and bad news on the UK economy. November 24, 2010 10:51am. by Chris Giles. | Share. As the overall level of growth in the UK continues to be robust - at 0.8 per cent in the third quarter - the detail of the figures just ... When looking at the expenditure contributions to growth, net trade (exports and imports) contributed 0.4 percentage points of the growth, indicating that the trade account is finally helping drive prosperity rather than detracting from it. ...
[Chris Martenson - Daily Digest] Daily Digest 11/19 - China Curbs Inflation, Oil Shock in UK, Fuel ...: The Peoples Bank of China said the proportion of deposits to be set aside by banks should increase by 50 basis points to 18.5 per cent for large banks, the highest level ever. The widely expected move comes on the heels of figures that showed consumer price inflation in China jumped last month to 4.4 per cent - well above the governments target of 3 per cent - amid sharp rises in the price of some foods.
[stocksthatpay.com] Guest Post: It's Official: The Economy Is Set To Starve ...: To cut to the chase, the admission by the IEA that we will not be achieving past levels of energy growth should be the most gigantic red flag in history, at least to those who might care that their money or other paper-based forms of wealth be worth something in the future. What if that future growth does not emerge?
[InvestmentWatch] It's Official: The Economy Is Set To Starve « InvestmentWatch: So how does the IEA suppose that oil growth can slow down to a paltry 0.5%/year, see China and India increase their consumption massively, and still have everything balance out? We all know that China and India (et al.) have been growing their oil consumption by massive percentages in the recent past, and there’s some evidence that we can expect more of that behavior in the years to come.
[Claremont Port Side] How Do We Respond to Chinese Web Censorship? | Claremont Port Side: Xiao also said that, by setting up secretive and arbitrary censorship rules, the government creates vicious competition among domestic companies as well as international conglomerates such as Microsoft, Google and Yahoo, where they say “Look, we censor better, we are more effective, we’re fitting your requirement, therefore give us more political leeway in terms of corporate competition.” To Xiao, this situation - which is China’s reality —
[WBTV - News] Economy sees growth, but unemployment stays high - WBTV 3 News ...: The housing market, which led the country, into recession, remains a weight on the economy. Builders slashed spending on housing projects at a pace of nearly 28 percent.
[KIVI - Local News Headlines] Economy sees growth, but unemployment stays high - KIVITV.COM ...: WASHINGTON (AP) - The economy grew a little faster over the summer than the government first thought. That modest pickup wasn't nearly enough to significantly lower the nation's high unemployment rate, and the Federal Reserve doesn't expect the economy to improve much over the next couple of years.
[China Briefing News] China's New Round of Tax Policy Reforms to Target VAT and Personal ...: According to Sinosights report, Chinas personal income tax only accounts for 4.7 percent of its entire tax revenue, which is reasonably low compared to 34.7 percent in the United States and 24.6 percent on average among OECD countries. Despite Chinas relatively small per capita GDP, the low percentage is still pertinent to the lack of efficient administration on the countrys growing population with high income.
[Finance Blog] Guest Post: It's Official: The Economy Is Set To Starve « Finance Blog: Submitted by Chris Martenson It’s Official: The Economy Is Set To Starve Once a year, the International Energy Agency (IEA) releases its World Energy Outlook (WEO), and it’s our tradition here at ChrisMartenson.com to review it. A lot of articles have already been written on the WEO 2010 report, and I don’t wish to tread [...]&source=Finance Blog" class="linkedin" title="Share this on Linkedin">
[Blog entry] America's Confidence Deficit | OurFuture.org: This debate rises from what has become a bipartisan elite consensus, reinforced by a multimillion dollar public relations campaign seeded by Pete Peterson, a Wall Street billionaire, who has been rousing alarms about deficits for decades, and is intent on using the current crisis to enforce the turn to austerity. But if there is one thing we should have learned over the years, it is that Americans should be particularly wary about bipartisan elite consensus.
[Across the Aisle] Across the Aisle: The PSA Blog » Making America More Secure by ...: We must grow our economy and reduce our deficit.” The mushrooming national debt threatens not just our individual livelihoods but also our military, diplomatic, and economic leverage around the world. Unfortunately, real solutions that might address .
[The Big Picture] Zombie Bears: Time to Admit the Recession is Over | The Big Picture: “The change in real private inventories added 1.30 percentage points to the third-quarter change in real GDP, after adding 0.82 percentage point to the second-quarter change. Private businesses increased inventories $111.5 billion in the third quarter, following increases of $68.8 billion in the second quarter and of $44.1 billion in the first.”
[Balloon Juice] Balloon Juice » Blog Archive » Austerity Now: The study released Monday by Project Vote, a nonpartisan, nonprofit group, also found that turnout by pro-Democratic blocs such as African-Americans, young people and Latinos dropped sharply from 2008 levels, leaving a lopsided pro-Republican electorate to dominate the national landscape.
[A Life In Spain] Flights and Tourism « A Life In Spain: Can’t argue either with the typical family dynamic of a British expat living in Spain, where the largest number of family members still reside in the UK, so the economics are simple: grandparents head back to the UK, or a family of 6 to 8 head over to Spain, especially with the uncertainty generated by the budget cuts still large in everyone’s mind. Not great for the English focussed bars and restaurants of course who would much prefer the family to come to Spain, but despite the valiant efforts of many a bar and restaurant here in Spain I suspect the overriding reason for returning to the UK this Christmas is simply the fact that it is Christmas: the lights in the high streets, the late night shopping, the get togethers with neighbours and old work colleagues, the carol singers and the availability of Brussel Sprouts!
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