Trade, Tariffs, and Soybeans
Trump has consistently claimed that exporters, those countries who are “ripping us off,” are paying the tariffs. However, the actual data tell a different story.
D&S BLOG
These posts are from the D&S Blog, which we mostly stopped posting to a few years ago. Visit our new blog Left Hook Economics (https://www.dollarsandsense.org/tag/left-hook-economics/).
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Nonperforming Loans To Assets Above Threshold
From Bloomberg Toxic Loans Topping 5% May Push 150 Banks to Point of No Return By Ari Levy Aug. 14
Indicator Watch, Friday
Michigan Consumer Survey (Reuters) Consumer prices (Reuters) Industrial Production (FT), with this caveat; note the abysmal capacity utilization rate: 68%
Gillian Tett on Corporate Transparency
As ususal, Tett does a great job. The ending is key. From The Financial Times: Idea of 'living wills&
Latest Inequality Figures (To 2007)
From Paul Krugman's blog. For perspective, here's a chart showing corporate profits from 1996 (and another,
Oligarchs' Threat To Indian Democracy
Nice FT piece from yesterday: Brotherly shoveBy Joe Leahy Financial Times Published: August 11 2009 20:40 | Last updated: August
HuffPo: Memo Documents Admin's Pharma Deal
From Huffington Post: Internal Memo Confirms Big Giveaways In White House Deal With Big Pharmadigg Huffpost - Internal Memo Confirms
The Widening Fair Market Value Gap
From Bloomberg: Next Bubble to Burst Is Banks’ Big Loan Values: Jonathan Weil Aug. 13 (Bloomberg) It’s amazing what
Germany and Japan Return To Growth (For Now)
From Bloomberg: Euro-Area Economy Contracted 0.1% in Second Quarter (Update4) Bloomberg By Simone Meier Aug. 13 (Bloomberg) The euro-region
Today's Indicator Action
From Bloomberg: Fed meeting and Treasury purchases decision US Trade deficit Home prices
Inflection Point for Dollar as Risk Haven?
From The Financial Times: Speculation grows over dollar's turning pointBy Peter Garnham Financial Times Published: August 11 2009
Michael Mandel on Productivity Stats
I seem to recall there was a stretch in which productivity was revised downward for about five quarters in one