The Global “Capital” Glut
…low real interest rates, high volatility and thin real rates of return. Sound like secular stagnation to you? Also: The ever-present danger of asset inflation will contribute to an overall…
…low real interest rates, high volatility and thin real rates of return. Sound like secular stagnation to you? Also: The ever-present danger of asset inflation will contribute to an overall…
…low growth rates in these countries, presaging a new period of “secular stagnation.” Stephen Roach, former chief economist at Morgan Stanley and currently a Senior Fellow at Yale University’s Jackson…
…might recall that our major economic problem at the moment is secular stagnation. In case people forgot, this is a problem of inadequate demand. The story is that we don’t…
…down from here. It has happened before. Note: The UT index dropped below 1% in the 2nd quarter of 2006 and the ensuing stagnation of GDI were both signs that…
In a piece yesterday called High Asset Prices, the Savings Glut, Secular Stagnation, and Unemployment, Dean Baker wrote… “The idea that the economy could be subject to an ongoing problem…
…has a self-interest to compete by lowering labor costs. In effect, the advanced world is continually sinking into a secular stagnation. The key is for an organization like the IMF…
…several years of continued stagnation ahead. Political leaders who have seen their predecessors swept out of office by angry voters may not be willing to wait that long. This entry…
…is misguided. secular stagnation is just dropping to a new trend line. I will make two more comparisons of the CBO potential real GDP and the effective demand potential. Volcker…
…explanation: better economic policies.) By contrast, the skyrocketing wealth and income concentrations delivered by the Reagan Revolution have been accompanied by stagnation, instability, and — by many important measures —…
…the US economy generally is the stagnation of wages since the turn of the Millennium, and specifically the lack of wage growth since the current economic expansion began over 5…