Economy 52,844 Posted June 25, 2016 Author Share Posted June 25, 2016 On June 24, 2016 at 6:57 AM, Licq said: exacerbated by the brexit what about china? http://www.bloomberg.com/news/articles/2016-06-20/billionaire-li-ka-shing-says-china-s-economic-outlook-is-bright li kashing thinks China's economic future outlook is bright ..hhmm On June 24, 2016 at 2:28 PM, Woolfsmck said: Since natural disasters are the only problems that Japan can't control, I have to say that a lot of their economic problems are self induced Japan needs some serious reforms especially with regards to pension and social programs cause their aging population is literally among the cery worst demographics in the world! As for China they have some real solid foundation but also some really negative imbalances... This makes it hard to predict because which factors will dominate depend on many other factors also Link to post Share on other sites More sharing options...
Economy 52,844 Posted July 20, 2016 Author Share Posted July 20, 2016 Uh oh looks like oil could crash again https://www.google.ca/amp/www.wsj.com/amp/articles/oil-drops-as-glut-fears-grow-1468924806# Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted July 20, 2016 Share Posted July 20, 2016 19 hours ago, Economy said: Uh oh looks like oil could crash again https://www.google.ca/amp/www.wsj.com/amp/articles/oil-drops-as-glut-fears-grow-1468924806# Hmmm... @45 -55 a barrel ... new oil can stay in the ground. Brexit didn't help demand any with the potential recession happening in the EU. like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,844 Posted July 20, 2016 Author Share Posted July 20, 2016 5 minutes ago, Woolfsmck said: Hmmm... @45 -55 a barrel ... new oil can stay in the ground. Brexit didn't help demand any with the potential recession happening in the EU. And Iran, Saudi Arabia and Russia keep raising production which is more than offsetting declines in the US Although Russia is testing its limits with the reserves they have. Any year now they are gonna peak 👀 Link to post Share on other sites More sharing options...
Economy 52,844 Posted August 19, 2016 Author Share Posted August 19, 2016 Myths About The US ECONOMY: https://www.google.ca/amp/www.marketwatch.com/amp/story/guid/67C2F2C6-6547-11E6-A91B-CC094CD5E4A5 interesting read!!!! 👀 Link to post Share on other sites More sharing options...
PG lol 277 Posted August 23, 2016 Share Posted August 23, 2016 This thread deserves waaay more posts!!! Although it may be slightly too highbrow for the average GGD user For me, some things that I worry about economically are: Post brexit UK and how the UK economy will be sustained over the coming years, never mind grow The economic stability of an independent Scotland, as I'm moving there and quite like the current generous government schemes (although I don't plan to rely on them ) The long term outlook for China's economy, I'll be studying Chinese so I hope my degree doesn't become useless, but I don't see it crashing, I just suppose it'll level off soon, unless they try and tap into the less economically developed interior of the country and grow their middle class. Spain's poor poor situation. Enough said. :) Link to post Share on other sites More sharing options...
Luc 4,776 Posted August 23, 2016 Share Posted August 23, 2016 7 minutes ago, PotatoBanks said: This thread deserves waaay more posts!!! Although it may be slightly too highbrow for the average GGD user For me, some things that I worry about economically are: Post brexit UK and how the UK economy will be sustained over the coming years, never mind grow The economic stability of an independent Scotland, as I'm moving there and quite like the current generous government schemes (although I don't plan to rely on them ) The long term outlook for China's economy, I'll be studying Chinese so I hope my degree doesn't become useless, but I don't see it crashing, I just suppose it'll level off soon, unless they try and tap into the less economically developed interior of the country and grow their middle class. Spain's poor poor situation. Enough said. Spain is doing better nowadays, France too, and Greece has recovered a lot faster than expected from last year's summer. Italy is the problem now, and a 'no' vote in the referendum in October would be quite dangerous. I also think that for the long term it's better for the world economy if Brexit causes economic decline in the UK for some years. Euroskepticism in Mainland Europe has already suffered a lot from the Brexit's short-term aftermath, but for it to suffer even more an actual economic decline is necessary. I can't at a new housing bubble being created by the government here though... Amsterdam prices are already at 2007 prices. I don't get why the government takes pride in high and skyrocketing house prices. When I turn 25 I want to be able to afford a decent house in a major city.. is that too much asked? I'll just wait for this bubble to spat Link to post Share on other sites More sharing options...
PG lol 277 Posted August 23, 2016 Share Posted August 23, 2016 1 minute ago, Luc said: Spain is doing better nowadays, France too, and Greece has recovered a lot faster than expected from last year's summer. Italy is the problem now, and a 'no' vote in the referendum in October would be quite dangerous. I also think that for the long term it's better for the world economy if Brexit causes economic decline in the UK for some years. Euroskepticism in Mainland Europe has already suffered a lot from the Brexit's short-term aftermath, but for it to suffer even more an actual economic decline is necessary. I'm not planning to stick around in the UK for very long so I'd be fine with that!! and yeah I agree, unless we just sit in a limbo of Theresa May being like "yeah sure i'll trigger article 50 in a min" and everyone low key agrees to pretend it didn't happen. I'm all here for a 'neverendum' Spoiler (ignoring the issue of brushing democracy under the carpet for this one ) :) Link to post Share on other sites More sharing options...
Luc 4,776 Posted August 23, 2016 Share Posted August 23, 2016 1 minute ago, PotatoBanks said: I'm not planning to stick around in the UK for very long so I'd be fine with that!! and yeah I agree, unless we just sit in a limbo of Theresa May being like "yeah sure i'll trigger article 50 in a min" and everyone low key agrees to pretend it didn't happen. I'm all here for a 'neverendum' Hide contents (ignoring the issue of brushing democracy under the carpet for this one ) By the time the UK actually formally leaves the EU (after a minimum of 2 years of talks), more than enough old people will have died and more than enough young people will have come in the place for them for a clear pro-EU majority to form democratically speaking, the result wouldn't necesarily be legitimate anymore. Link to post Share on other sites More sharing options...
PG lol 277 Posted August 23, 2016 Share Posted August 23, 2016 12 minutes ago, Luc said: By the time the UK actually formally leaves the EU (after a minimum of 2 years of talks), more than enough old people will have died and more than enough young people will have come in the place for them for a clear pro-EU majority to form democratically speaking, the result wouldn't necesarily be legitimate anymore. so like REALLY slow euthanasia slightly horrific, mostly agreeable :) Link to post Share on other sites More sharing options...
Economy 52,844 Posted August 24, 2016 Author Share Posted August 24, 2016 17 hours ago, Luc said: Spain is doing better nowadays, France too, and Greece has recovered a lot faster than expected from last year's summer. Italy is the problem now, and a 'no' vote in the referendum in October would be quite dangerous. I also think that for the long term it's better for the world economy if Brexit causes economic decline in the UK for some years. Euroskepticism in Mainland Europe has already suffered a lot from the Brexit's short-term aftermath, but for it to suffer even more an actual economic decline is necessary. I can't at a new housing bubble being created by the government here though... Amsterdam prices are already at 2007 prices. I don't get why the government takes pride in high and skyrocketing house prices. When I turn 25 I want to be able to afford a decent house in a major city.. is that too much asked? I'll just wait for this bubble to spat I havent followed italy much actually ive been so busy a lot has escaped me as of late. Whats going on there? And I wish prices in Canada were at 2007 levels. I could actually buy a house if they were. Instead we have rediculous ever rising prices that some years rise at double digit gains Prices are super unaffordable in relation to incomes, people are drowining in debt, and housing start construction has been solid for 16 years since the housing boom began in 2000 Basic laws of economics shouldnt allow the housing market to keep getting hotter. Something is up. Perhaps theres more forein investment than sample studies suggest. Or maybe people really want houses so badly they are willing to pay whatever for them As of now, owning a home is a dream thats just not attainable for me I earn $50,000 a year and i cant afford even a cheaper home. Id need to buy it with someone else say i found a mate and we had 2 incomes Link to post Share on other sites More sharing options...
Luc 4,776 Posted August 24, 2016 Share Posted August 24, 2016 1 hour ago, Economy said: I havent followed italy much actually ive been so busy a lot has escaped me as of late. Whats going on there? And I wish prices in Canada were at 2007 levels. I could actually buy a house if they were. Instead we have rediculous ever rising prices that some years rise at double digit gains Prices are super unaffordable in relation to incomes, people are drowining in debt, and housing start construction has been solid for 16 years since the housing boom began in 2000 Basic laws of economics shouldnt allow the housing market to keep getting hotter. Something is up. Perhaps theres more forein investment than sample studies suggest. Or maybe people really want houses so badly they are willing to pay whatever for them As of now, owning a home is a dream thats just not attainable for me I earn $50,000 a year and i cant afford even a cheaper home. Id need to buy it with someone else say i found a mate and we had 2 incomes Italy's banks are on the verge of falling. Capital injection is necessary to keep them alive. Economic growth very low, no signs of economic recovery this yeat like in France and Spain. Referendum in October decides whether the current PM will stay or not, and thus could cause uncertainty in markets. Link to post Share on other sites More sharing options...
Economy 52,844 Posted August 24, 2016 Author Share Posted August 24, 2016 5 hours ago, Luc said: Italy's banks are on the verge of falling. Capital injection is necessary to keep them alive. Economic growth very low, no signs of economic recovery this yeat like in France and Spain. Referendum in October decides whether the current PM will stay or not, and thus could cause uncertainty in markets. Itally have too many people doing nothing Is their retirement age still only 60? With an aging population, financially the strain is unsustainable... Economically growth will be flat at best And I kinda saw this coming. It was obvious Italy was eventually gonna join the ranks of stressed EU Nations Now lets see where France goes Link to post Share on other sites More sharing options...
Luc 4,776 Posted August 25, 2016 Share Posted August 25, 2016 4 hours ago, Economy said: Itally have too many people doing nothing Is their retirement age still only 60? With an aging population, financially the strain is unsustainable... Economically growth will be flat at best And I kinda saw this coming. It was obvious Italy was eventually gonna join the ranks of stressed EU Nations Now lets see where France goes No no no, it's not a government problem. Retirement age in Greece, Italy and France is higher than in Germany by the way. Italy's is 66. It's a banks problem, and the way banks work in the country. Banks are irresponsible. The problem is not that they are too big to fail, but that in Italy quite a lot of particulars have bank accounts with high amounts of savings. A bank can't go bankrupt due to that. http://uk.mobile.reuters.com/article/idUKKCN10N1RD I think Italy needs a mix of stimulus, political reform and innovation-, R&D- and export-orientated policy. The long-term unemployed is too high. Link to post Share on other sites More sharing options...
Economy 52,844 Posted August 25, 2016 Author Share Posted August 25, 2016 8 hours ago, Luc said: No no no, it's not a government problem. Retirement age in Greece, Italy and France is higher than in Germany by the way. Italy's is 66. It's a banks problem, and the way banks work in the country. Banks are irresponsible. The problem is not that they are too big to fail, but that in Italy quite a lot of particulars have bank accounts with high amounts of savings. A bank can't go bankrupt due to that. http://uk.mobile.reuters.com/article/idUKKCN10N1RD I think Italy needs a mix of stimulus, political reform and innovation-, R&D- and export-orientated policy. The long-term unemployed is too high. What about job quality? Here in North America it aint too hard to find a job. But finding a decent paying job (that pays more than $45,000 a year) is difficult exports do indeed help in that regard usually as manufacturing tends to get better pay Link to post Share on other sites More sharing options...
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