More in Global Economy


2 years

China’s Housing Market Slump Becomes a Real Issue

A few months ago, I wrote that the Chinese slowdown was much more than covid related and pointed to the challenges coming from the excessive weight of the real estate sector in the economy.

2 years

Lease Management: A Complete Guide for Business Owners

The global lease management software industry will surpass 4.3 billion by 2030.

2 years

Is a Recession Defined as “Two Negative Quarters”?

The US economy is likely to show negative growth of its gross domestic product for the first two quarters of 2022.

2 years

Labor Economics: Layoffs, Hiring Freeze, Job Cuts & Productivity

Shopify recently announced a 10% layoff of its workforce. Facebook, Google and Microsoft recently went with a hiring freeze. Several other companies have cut jobs.

2 years

Labor Economics: Productivity, Housing Market, Mortgage & Trade Deficit

In 2021, the National Low Income Housing Coalition released a report, Out of Reach: the High Cost of Housing, where they stated that “a full-time worker needs to earn an hourly wage of $24.90 on average to afford a modest, two-bedroom rental home in the U.S. The Housing Wage for a two-bedroom home is $17.65 higher than the federal minimum wage of $7.25, and $6.12 higher than the national average hourly wage of $18.78 earned by renters. In 10 states and the District of Columbia, the two-bedroom Housing Wage is more than $25.00 per hour.”

2 years

Carbon Pricing and Coverage Around the World

The global movement toward carbon pricing is partial and halting, but real. 

2 years

Global Overpopulation Circa 200 AD

Global population is now 7.96 billion.

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