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Economic Illusions vs. Reality; Helicopter Drop, What Else?

MishTalk

This is because part of the effect has been by bringing forward demand from the future, such as major purchases, including for cars or construction. The balance sheet of the Swiss National Bank has expanded even more impressively, again with no discernable impact on the inflation rate. This is more than an academic curiosity.

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Austria "Bad Bank" Goes Bad, $8.5 Billion "Bail-In" Underway

MishTalk

Today we see yet another failure of the construct. The step, allowed by new legislation that gives banking supervisors more power to intervene, followed an outside audit of Heta''s balance sheet that exposed a capital hole of up to 7.6 billion euros ($8.51 billion) which the government was not prepared to fill, the FMA said.

Banking 28
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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

The BIS slam, coupled with a recent stock market selloff, brought up debate on a " controlled collapse ". Over the past few years, non-financial corporations in a number of EMEs have borrowed heavily through their foreign affiliates in the capital markets, with the debt denominated mainly in foreign currency.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market.

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7 Skills That Aren’t About to Be Automated

Harvard Business

It’s no wonder, then, that young people are anxious about their ability to compete in the job market. The most basic form of communication is constructing a compelling story. These advances all point toward the total automation of our lives, including the way we work and do business. In a world where U.S.

Ethics 48
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Reflections on "Uncertainty"; Yellen Expects Rates Hikes but "Uncertain" about Growth, Jobs, Inflation, Wages

MishTalk

Employment Slack It is my judgment that the lower level of the unemployment rate today probably does not fully capture the extent of slack remaining in the labor market--in other words, how far away we are from a full-employment economy. For example, many young adults continue to live with their parents.

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You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business

But most successful companies used electricity and motors to reinvent their existing businesses, whether in manufacturing, transportation, or construction. A platform connects providers and users in a multisided market. For most companies intellectual property is something that sits on their balance sheet.