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....“Labour market flexibility may sound appealing, but it is based on a theory that runs completely counter to all the evidence we have,” Montier and Pilkington note. “The alternative theory suggests that labour market flexibility is by no means desirable as it results in an economy with a bias to stagnate that can only maintain high rates of employment and economic growth through debt-fuelled bubbles that inevitably blow up, leading to the economy tipping back into stagnation. ... [Read full article on Guardian ]
Sunday 26th of March 2017 01:23:10 PM
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.... . On one measure, Mr Haldane said, total factor productivity had shown its longest stagnation in more than 200 years. ... [Read full article on BBC ]
Monday 20th of March 2017 08:03:10 PM
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Latest Finance News related to Stagnation

Populism is the result of global economic failure image
Source : Guardian [Read Article] Sunday 26th of March 2017 01:23:10 PM
....“Labour market flexibility may sound appealing, but it is based on a theory that runs completely counter to all the evidence we have,” Montier and Pilkington note. “The alternative theory suggests that labour market flexibility is by no means desirable as it results in an economy with a bias to stagnate that can only maintain high rates of employment and economic growth through debt-fuelled bubbles that inevitably blow up, leading to the economy tipping back into stagnation. ...
Low UK interest rates 'hurt productivity but saved jobs' image
Source : BBC [Read Article] Monday 20th of March 2017 08:03:10 PM
.... . On one measure, Mr Haldane said, total factor productivity had shown its longest stagnation in more than 200 years. ...
US interest rate rise to deepen debt crisis in developing world image
Source : Guardian [Read Article] Monday 13th of March 2017 07:00:26 AM
....He warned there was a danger that loans from the International Monetary Fund (IMF) and other lenders would be used to bail out “reckless lenders” who were at risk of not getting repayments from crisis-hit countries. That would lead to year of economic stagnation, just as in debt-laden Greece, Jones added. ...
Sorry, Brexit doomsayers, the outlook is good on global growth image
Source : Guardian [Read Article] Saturday 4th of March 2017 05:00:20 PM
....The icing on the cake is a measure of optimism about business conditions that is continuing to show company bosses are upbeat about the year ahead. Markit’s chief economist Chris Williamson said the latest reading continued an improving trend that had been evident since the JP Morgan survey signalled stagnation this time last year. ...
Dow Jones breaks through 21,000 mark image
Source : BBC [Read Article] Wednesday 1st of March 2017 09:48:45 PM
....Sentiment was helped by comments suggesting that the US central bank may raise rates sooner rather than later. A rate hike in March would make it more expensive to borrow money to buy stocks, but it would also signal the Fed's confidence in economic expansion after stagnation. ...
Driverless trucks: economic tsunami may swallow one of most common US jobs image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:00:02 PM
.... Over the same 42 years, the American economy grew by more than 200%, or a staggering $11tn. For millions of average Americans, the reasonable expectations of their youth – a steady job, home ownership, college education for their children – have degraded into decades of stagnation, even as they have been continuously bombarded by news of the overall growth and prosperity of the US economy. ...
Britain has grown rich by chasing the cash. Now it has lost the scent | Will Hutton image
.... Theresa May’s trip to the US was therefore not just about appearances; it was trying to cap the risks to globalisation, multilateralism and pivotal supranational institutions posed by Trump. If Britain locks herself out of Europe only to confront a world of stagnating trade, dog-eat-dog bilateral deals and the collapse of the great UN institutions, of which the IMF, WTO and World Bank are all part, then the British economy faces years of stagnation and decline. ...
IMF upgrades UK forecast but notes Brexit terms are 'unsettled' image
Source : Guardian [Read Article] Monday 16th of January 2017 02:00:25 PM
....“Social dislocation due to globalisation and, even more, to technology change is a major challenge that will only intensify in the future. One result has been wider inequality and wage stagnation in many countries,” Obstfeld said, presenting the latest IMF forecasts. ...
Weak UK productivity spurs warnings of living standards squeeze image
Source : Guardian [Read Article] Friday 6th of January 2017 02:29:54 PM
.... Separate figures for 2015 confirmed huge regional disparities in productivity performance with London far ahead of other parts of the country. Slow but steady growth has finally lifted productivity above its level before the 2008 financial crisis, but years of stagnation known as the “productivity puzzle” mean it still has much lost ground to make up. ...
Inheritance tax is toxic. We need new ways to tackle inequality | Polly Toynbee image
....This report is yet another brutal reminder that Britain is going backwards. The IFS concludes: “Today’s young adults will find it harder to accumulate wealth of their own than previous generations did, due to the sharp fall in home ownership, the dramatic decline in defined benefit pensions in the private sector, and the stagnation in household income. ...
UK car sales at record high in 2016 image
Source : BBC [Read Article] Thursday 5th of January 2017 07:45:28 AM
.... . Samuel Tombs, UK economist at Pantheon, said: "Looking ahead, the stagnation of households' real incomes this year, mainly due to a burst of inflation, likely will weigh further on car purchases. ...
Richest young people in UK also likely to inherit most wealth, study finds image
Source : Guardian [Read Article] Thursday 5th of January 2017 12:01:34 AM
.... Today’s elderly have much more wealth to leave to their children than their predecessors did. “At the same time, today’s young adults will find it harder to accumulate wealth of their own than previous generations did, due to the sharp fall in homeownership for that group, the dramatic decline of defined benefit pensions in the private sector and the stagnation in their incomes. ...
Retail pay drops sharply in 2016 image
Source : Guardian [Read Article] Monday 2nd of January 2017 12:01:09 AM
....Doug Monro, co-founder of Adzuna, said: “The jobs market has fared well in the main this year, given the unexpected events within the political climate. “Despite total advertised vacancies increasing significantly, it may be too early to brand the jobs market a complete success given salary stagnation and the unpredictability that may lie ahead in the new year. ...
Don’t complain about the strikers – they’re only doing what we all should in 2017 | Paul Mason image
.... What’s more, because so much of our work has become modular, low-paid and deskilled, many people know, or can guess, exactly what they are going through. We have near full employment yet near wage stagnation. ...
Making a list image
Source : BBC [Read Article] Sunday 18th of December 2016 12:39:04 AM
....2% over the past five years. The words Verdict's analyst Michael Coombs uses to describe the sector are "stagnation" and "decline". ...
Our problem isn’t robots, it’s​ ​the​ ​low-wage car-wash economy | Paul Mason image
.... Mark Carney had some very prophetic things to say about this problem, as well, but funnily enough the tabloids ignored it. Carney last week became one of the first powerful policymakers to recognise that the crisis of globalisation, the stagnation of free-market economies and the delayed impact of new technologies are linked. ...
Will Trump herald a US economic boom? image
Source : Guardian [Read Article] Wednesday 7th of December 2016 11:57:31 AM
.... It is easy to forget the biggest missing piece of the global recovery is business investment, and if it starts kicking in finally, both output and productivity could begin to rise very sharply. Those who are deeply wedded to the idea of “secular stagnation” would say high growth under Trump is well-nigh impossible. ...
'A landscape of exhaustion and moral decay' – lessons from the 'lost decade' of the 1860s image
....Mark Carney meant something slightly different when he used the phrase to refer to the years since the collapse of Northern Rock in 2008. The Bank of England governor was pointing more specifically to wage growth – not the stagnation of all activity in the economy as a whole, measured by gross domestic product (GDP). ...
Mark Carney says we face a ‘lost decade’. The left needs to get its act together | Owen Jones image
....The benefits of economic progress had been unevenly felt. A stagnation in wages with no precedent for a century and a half is set to continue. ...
UK third quarter GDP growth confirmed at 0.5% image
Source : BBC [Read Article] Friday 25th of November 2016 10:33:28 AM
....The "near-term strength of the economy after the Brexit vote is unlikely to persist", said Samuel Tombs chief UK economist with Pantheon Macroeconomics. "The outlook for stagnation in real incomes next year, as inflation rockets, points to a sharp slowdown in consumer spending growth ahead," Mr Tombs added. ...
Why is UK's productivity still behind that of other major economies? image
Source : Guardian [Read Article] Thursday 24th of November 2016 07:27:07 PM
....Rebecca Riley, a research fellow at the National Institute of Economic and Social Research, said declines in banking and the oil industry partly explained the UK’s low productivity rate, but there were also a host of other factors. She also pointed out that most countries had failed to increase productivity since 2008, with many economists blaming it for the stagnation in wages across the north-east of the US that helped to propel Donald Trump into the White House. ...
'I worry about money all the time': the Jam reality in Birmingham image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 08:59:52 AM
....The constituency of Erdington voted strongly Brexit in the EU referendum and is one of the poorest in the country, with pockets of acute deprivation. Because of its location close to the Jaguar Land Rover Castle Bromwich site, it also has relatively well-paid workers, many of whom are finding that wage stagnation and rising living costs have also left them in difficulty. ...
Does Trump’s election spell globalisation's end? image
Source : Guardian [Read Article] Thursday 17th of November 2016 03:43:16 PM
.... Fever is rarely life threatening; rather, it is a symptom of an underlying condition. In this case, the condition is slow economic growth, also known as secular stagnation, caused by depressed investment, which in turn reflects financial problems and policy uncertainty. ...
MPs' corporate governance inquiry: what are the key issues? image
Source : Guardian [Read Article] Monday 14th of November 2016 02:05:19 PM
....A read through the submissions to the committee so far shows that breaking free from white, middle-aged male groupthink is almost universally popular. The Institute of Directors criticises companies for rejecting alternative voices at the risk of stagnation and calls for younger directors. ...
We are living in a depression - that's why Trump took the White House image
Source : Guardian [Read Article] Sunday 13th of November 2016 03:29:04 PM
....Some economists call the turbulent period that followed the collapse of Lehman Brothers the Great Recession. Others say the US along with other developed nations is experiencing secular stagnation. ...
Trade is the lifeblood of humanity. Closed doors lead to closed minds | Will Hutton image
.... China has grown so explosively since 1978 because of its opening to trade. Autarchy, protection and closure to immigration have always meant economic stagnation and, lacking the stimulus of other cultures and ideas, a parallel freezing of innovation and cultural vitality. ...
Warning as household debts rise to top £1.5 trillion image
Source : BBC [Read Article] Monday 7th of November 2016 12:49:06 AM
....3% increase the previous year. That is much less than pre-credit crunch growth, which neared 10%, but shows a renewed upward trend after a period of stagnation - after hitting a high of £1. ...
Self-employed earn less than in 2001 – and will be hit by welfare cuts image
Source : Guardian [Read Article] Monday 17th of October 2016 11:01:22 PM
.... But while the self-employed workforce is getting bigger, typical earnings are actually lower than they were 20 years ago. “Prior to the financial crisis, this stagnation was as much about the changing nature of self-employed work, rather than individual rewards. ...
Wealth of people in their 30s has 'halved in a decade' image
Source : BBC [Read Article] Thursday 29th of September 2016 11:00:48 PM
....The think tank found that people born in the early 1980s were the first post-war group not to have higher incomes in early adulthood than those born in the preceding decade. "This is partly the result of the overall stagnation of working-age incomes," it said. ...
Mortgage approvals fall by a fifth, says British Bankers’ Association image
Source : Guardian [Read Article] Monday 26th of September 2016 09:59:06 AM
....“Still, a small majority of surveyors reported that new buyer enquiries fell in August, according to Rics – the fifth consecutive month of declining demand. Meanwhile, the outlook for stagnation in households’ real incomes next year, as inflation picks up and hiring slows sharply, points to a prolonged period of weakness in mortgage lending ahead. ...
Bank of Japan alters policy to spur growth image
Source : BBC [Read Article] Wednesday 21st of September 2016 06:32:16 AM
....1%. It introduced negative interest rates in January this year, hoping that commercial banks will use their reserves to lend to businesses, in an attempt to counter the country's economic stagnation. ...
UK house prices fell in August, Halifax says image
Source : Guardian [Read Article] Wednesday 7th of September 2016 11:51:18 AM
....Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said Halifax’s latest figures “demonstrates that the Brexit vote has scarred demand more than supply”. He said: “Looking ahead, the forthcoming stagnation of households’ real incomes, as inflation picks up and firms moderate hiring plans, will subdue consumer confidence and constrain prices. ...
US new home sales rise at fastest pace since 2007 image
Source : BBC [Read Article] Tuesday 23rd of August 2016 04:57:28 PM
.... Combined with a strengthening jobs market and a slight uptick in wages over the last year, housing demand has been boosted. Dips in the supply of housing can lead to stagnation in the market because families are unable to upgrade to larger houses and put their homes on the market. ...
More than 1.5m UK households in extreme debt, says TUC report image
Source : Guardian [Read Article] Monday 22nd of August 2016 11:01:17 PM
....Contrary to official data, which suggests that households have been repaying debt accumulated before the financial crisis, the Britain in the Red report says households are finding it harder than ever to cope as wages have fallen. “More than 1m families with a household income below £30,000 are in extreme debt and ongoing wage stagnation is making the problem worse,” the report says. ...

Donald Trump promises tax-free childcare to jump-start US economy
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Source : Telegraph [Read Article] Monday 8th of August 2016 10:54:54 PM
....Mr Trump was seeking to reset his campaign after a disastrous week when he fell up to 15 points behind Mrs Clinton in polls. He accused Mrs Clinton of "stale, big government policy prescriptions that have choked economic growth in America and led to over 40 years of wage stagnation. ...
US jobs growth beats forecasts in July image
Source : BBC [Read Article] Friday 5th of August 2016 01:28:43 PM
Quantitative easing image
Source : BBC [Read Article] Thursday 4th of August 2016 01:02:54 PM
. Governments and central banks like there to be "just enough" growth in an economy - not too much that could lead to inflation getting out of control, but not so little that there is stagnation. ...

A new industrial revolution is coming. Is Theresa May ready for the chaos it could unleash?
 image
.... Every one of the factors squeezing the unhappy middle-income household, or the young person who is worse off than their parents, is accelerating. Japan-style economic stagnation is spreading to other economies, particularly in Europe. ...

Theresa May must exploit Europe's woes to get the best deal for Britain
 image
Source : Telegraph [Read Article] Thursday 21st of July 2016 06:01:00 AM
.... . Forget for a moment the economic stagnation that so afflicts his country. ...
Cameron’s housing legacy was a glut of luxury apartments – Theresa May must clean up ​the mess image
....Housebuilding, done right, has a multiplier effect on economic growth. If you train the people to do it, source the raw materials locally, do it to high-quality environmental and energy standards – and make it beautiful – you can use housebuilding to counteract the forces of stagnation and depression. ...
Young people got short end of the political stick | Mohamed El-Erian image
Source : Guardian [Read Article] Monday 18th of July 2016 10:06:41 AM
....Given the role of technological innovation, much of which is youth-led, even a small reorientation of policies could have a meaningful and rapid impact on the economy. Through a more comprehensive policy approach, we could turn a vicious cycle of economic stagnation, social immobility and market volatility into a virtuous cycle of inclusive growth, genuine financial stability and greater political coherence. ...
JP Morgan to raise pay for 18,000 US staff image
Source : BBC [Read Article] Tuesday 12th of July 2016 03:11:55 PM
.... . Wage stagnation has been a problem in the post-recession recovery, despite the improving jobs market. ...
The global order is dying. But it’s an illusion to think Britain can survive without the EU image
.... Today, we are facing a much deeper crisis. Global stagnation is what central bankers fear, as value is sucked out of the market system by automation, collapsing commodity prices and zero interest rates. ...
Fight for $15 image
Source : BBC [Read Article] Wednesday 22nd of June 2016 12:54:29 AM
....Listen to Edwin Lane's report on Seattle's $15 minimum wage on Business Daily, BBC World Service. "We've had 40 years of wage stagnation in the US at a moment when the county has gotten richer and richer," says union leader David Rolf, who helped bring in the Seattle law. ...
EUROZONE on the BRINK: Europe's stock markets NOSEDIVE as Bank policies fail image
Source : Daily Express [Read Article] Wednesday 1st of June 2016 01:53:00 PM
. Key measures of the eurozone's economy continue to show sluggish growth and stagnation, in what is a huge blow for policymakers. ...
FTSE falters on growth and Brexit worries, with Wolseley leading losers image
Source : Guardian [Read Article] Wednesday 1st of June 2016 08:44:39 AM
....61 points at 6207. 18, with news that Europe’s manufacturing base slowed to its slowest rate since February, stagnation in China, and barely any growth in the UK. ...
City News: Halfords, Lloyds Bank image
Source : Daily Express [Read Article] Tuesday 31st of May 2016 08:27:00 AM
....6 per cent in the fourth quarter of last year. Chris Williamson, chief economist at Markit, warned that growth in the second quarter could show the British economy "slowing to near-stagnation'', weakened by easing global economic growth. ...
Microsoft to cut 1,850 jobs at struggling former Nokia smartphone unit image
....Nokia had around 40% of the world’s mobile phone market in 2008 before it was eclipsed by the rise of touch-screen smartphones. As a result, Nokia and Microsoft have slashed thousands of Finnish jobs over the past decade, and the lack of substitute jobs is the main reason for the country’s current economic stagnation. ...
The case against negative interest rates image
Source : Guardian [Read Article] Wednesday 25th of May 2016 09:05:55 AM
.... It is contrary to European Union regulations – and is opposed by all who regard post-crash governments’ fiscal difficulties as an opportunity to shrink the role of the state. But if it is at all true that we are entering a period of “secular stagnation” and growing joblessness, as Larry Summers and others have argued, a larger investment role for the state is inescapable. ...
Data will show UK at standstill: Growth prospects set to be hit by double whammy image
....9 per cent. Markit economist Oliver Kolodseike said: “Business survey data has signalled a stagnation of manufacturing output and the weakest rise in construction activity, in part linked to a lack of momentum in residential building, for close to three years during April. ...
UK manufacturing sector suffers worst month in three years image
Source : Guardian [Read Article] Tuesday 3rd of May 2016 09:37:33 AM
....Pro-EU ministers have blamed the uncertainty surrounding next month’s referendum for undermining confidence among consumers and producers and restricting new orders and investment. However, the decline in factory output is a broad trend, indicated by a steep fall in the US manufacturing PMI on Sunday to its lowest level since 2009 and stagnation in China and much of Europe. ...
Has the global economic growth malaise become the 'new normal'? image
Source : Guardian [Read Article] Monday 2nd of May 2016 10:31:29 AM
.... Meanwhile, fiscal policy – especially productive public investment that boosts both the demand and supply sides – remains hostage to high debts and misguided austerity, even in countries with the financial capacity to undertake a slower consolidation. Thus, for the time being, we are likely to remain in what the IMF calls the “new mediocre”, Larry Summers calls “secular stagnation”, and the Chinese call the “new normal”, But make no mistake: there is nothing normal or healthy about economic performance that is increasing inequality and, in many countries, leading to a populist backlash – both on the right and the left – against trade, globalisation, migration, technological innovation, and market-oriented policies. ...
Has the global economic growth malaise become the 'new normal'? image
Source : Guardian [Read Article] Monday 2nd of May 2016 10:31:29 AM
.... Meanwhile, fiscal policy – especially productive public investment that boosts both the demand and supply sides – remains hostage to high debts and misguided austerity, even in countries with the financial capacity to undertake a slower consolidation. Thus, for the time being, we are likely to remain in what the IMF calls the “new mediocre”, Larry Summers calls “secular stagnation”, and the Chinese call the “new normal”, But make no mistake: there is nothing normal or healthy about economic performance that is increasing inequality and, in many countries, leading to a populist backlash – both on the right and the left – against trade, globalisation, migration, technological innovation, and market-oriented policies. ...
Retailers feel freeze of cold April with sharpest sales drop in four years image
Source : Guardian [Read Article] Wednesday 27th of April 2016 12:12:17 PM
....Tombs added: “Consumers, however, clearly have tightened their purse strings this year. This slowdown is likely to continue, given the intensification of the fiscal squeeze in April and the recent stagnation of employment. ...
How less stuff could make us happier – and fix stagnation image
Source : Guardian [Read Article] Tuesday 26th of April 2016 08:26:52 AM
....Inspired by its message to appreciate the moment, perhaps we can achieve greater happiness by seeking to simplify our desires, rather than satisfy them, wrote Nixon, who works in the Bank’s stakeholder communications and strategy division. The result of less consumption but greater wellbeing could be “especially important for debates around secular stagnation and ecological sustainability”, he says. ...
FTSE dips following Chinese growth data image
Source : BBC [Read Article] Friday 15th of April 2016 11:19:19 AM
....6% and 3. 8% respectively, as concerns about a possible Brexit and stagnation at the top-end of the market put pressure on housebuilding companies. ...
China quarterly GDP growth slows but signs of stability emerge image
Source : Guardian [Read Article] Friday 15th of April 2016 05:21:50 AM
.... Vehicle sales jumped 10%. While China’s economy has slowed from the breakneck, double-digit boom of the previous decade, it remains a key driver of the world economy and the envy of advanced nations grappling with stagnation. ...
IMF warns of fresh financial crisis image
Source : Guardian [Read Article] Wednesday 13th of April 2016 01:00:16 PM
....It added that there was a risk investors would demand high interest rates and that tougher financial conditions would create a “pernicious feedback loop” of fragile confidence, lower growth and inflation, and rising debt. “Disruptions to global asset markets could increase the risks of tipping into a more serious and prolonged slowdown marked by financial and economic stagnation. ...
Tesco shares hit by warning on outlook image
Source : BBC [Read Article] Wednesday 13th of April 2016 06:21:45 AM
....But Bernstein analyst Bruno Monteyne said the supermarket's forward guidance was disappointing. "Tesco is not really guiding for profit improvements but for profit stagnation," he said. ...
IMF cuts global growth outlook again image
Source : BBC [Read Article] Tuesday 12th of April 2016 01:00:31 PM
....There is also a concern that persistent slow growth could reduce the capacity for further growth in the future. There is a risk, the report says, of the world economy falling into widespread stagnation. ...
From boom to doom – the IMF paints a vastly different picture from 2006 image
....Unbridled optimism has now been replaced by deep pessimism. The IMF has started to buy into the theory – espoused by Larry Summers, the former US treasury secretary, and others – that the world is sinking into secular stagnation. ...
Japan's economic plan 'backfiring' as yen surges image
Source : Guardian [Read Article] Friday 8th of April 2016 04:54:55 AM
. Japan’s finance minister Taro Aso has ratcheted up the warning against a rapid rise in the yen as the country’s ultra-dovish monetary policy implodes and threatens to condemn the economy to continued stagnation. ...
Business news: Argos, factories, Fyffes, oil prices image
Source : Daily Express [Read Article] Saturday 2nd of April 2016 12:01:00 AM
....A reading above 50 means expansion. Economist Rob Dobson, of Markit, said: “Industry is hovering close to the stagnation mark. ...
UK manufacturers cut jobs and prices amid economic slowdown image
Source : Guardian [Read Article] Friday 1st of April 2016 10:55:21 AM
....Rob Dobson, senior economist at survey compilers Markit commented: “The UK manufacturing sector remained in the doldrums during the opening quarter of the year. Although March saw modest improvements in the trends for production and new orders, industry is still hovering close to the stagnation mark and will struggle to make a meaningful contribution to the next set of GDP growth figures. ...
China's challenges: A bumpy road ahead image
Source : BBC [Read Article] Tuesday 22nd of March 2016 10:00:40 PM
. "Slow growth equals stagnation," China's past leader Deng Xiaoping is quoted as saying. ...
CBI industrial trends survey: manufacturing is still in recession image
Source : Guardian [Read Article] Monday 21st of March 2016 06:34:30 PM
....Last month it was the turn of food and drink manufacturers, according to the survey, despite a fall in the pound that economists expect to drive higher exports by the sector. The CBI said production is expected to rebound over the next three months, but argued the risks of further stagnation meant the chancellor should have done more in the budget to support manufacturers. ...
Would you let a robot invest your hard-earned cash? image
Source : BBC [Read Article] Friday 18th of March 2016 02:14:05 AM
....Is it too far-fetched to imagine a clever computer deliberately triggering a huge sell-off with the purpose of buying shares when they're cheap and making a profit as the market recovers?. Some think a more likely scenario is that all these self-learning trading algorithms, accessing all the market-relevant data there is to know, eventually converge to a single view, leading to stagnation in the market. ...
George Osborne’s recovery is in danger: the only option now is to steal Jeremy Corbyn’s clothes image
.... For the entire first term of the coalition, the Eurozone stagnated because of the ECB’s refusal to engage in stimulus. You can bow and scrape to Narendra Modi or Xi Jinping all you like, but it cannot compensate for stagnation on your doorstep. ...
As monetary policy reaches its limits, it's time for governments to spend image
.... Wolfgang Schäuble, meet Ted Cruz. Ideological and political prejudices deeply rooted in history will have to be overcome to end the current stagnation. ...
Labour in 'fiscal credibility' promise image
Source : BBC [Read Article] Thursday 10th of March 2016 07:37:11 PM
.... . "We know now from the world's central banks that the world economy is looking at stagnation, and there needs to be a new rule," Mr McDonnell told me. ...
EURO ON THE BRINK: Last-ditch bid to save banks as interests rates slashed to ZERO image
.... But defending the measures ECB President Mario Draghi today said: "It is crucial to avoid second-round effects. "The chief is worried that lower oil and commodity prices could soon start a downward spiral of price falls that could suck the economy into a black hole of stagnation. ...
How the ECB is trying to revive the eurozone image
Source : Guardian [Read Article] Thursday 10th of March 2016 02:41:32 PM
....The ECB is keen to stimulate the eurozone, against the backdrop of an imperilled global economy. Data in February showed Greece fell back into recession and Italy slowed to near stagnation. ...
Tuition fees: Is England more expensive than US? image
Source : BBC [Read Article] Wednesday 9th of March 2016 01:10:35 AM
....Bernie Sanders has outbid her with the promise to make tuition entirely free in public universities, saying that if Germany can scrap fees, there is no reason why it wouldn't be practical in the United States. "The middle class has no disposable income because of wage stagnation," says Ms Blumenthal. ...
Revealed: the 30-year economic betrayal dragging down Generation Y’s income image
.... Compromises like if I want to have kids by the time I’m 30, or even 40, can I still have the career I want to do?”. Several economists told the Guardian that policymakers should do more to even up the balance between young and old to avoid economic stagnation. ...
GLOBAL financial crash 'MONTHS away': Bubbles are bursting EVERY DAY, warns Yale academic image
....". The Bank of England and centra bankers in other developed countries are now battling against the toxic deflationary forces that push prices down and threaten to condemn economies to years of stagnation. ...
Brexit fears further dent confidence at UK services firms image
Source : Guardian [Read Article] Thursday 3rd of March 2016 11:29:07 AM
....The survey’s compilers said that taken together with reports from the smaller construction and manufacturing sectors earlier this week, the gloomier service news signalled that UK economic growth had slowed to the weakest pace for almost three years. Chris Williamson, the chief economist at Markit, said: “Despite rising slightly from January’s three-year low, business confidence in the service sector remained at a level which has historically presaged an imminent slowing in the economy to near stagnation or worse in coming months. ...

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