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Beware the COVID-19 Corporate Zombies!

“The Rise of Zombies in the Wake of COVID-19″ Gerard Lucyshyn, courtesy of the Frontier Centre for Public Policy   We are spending double the amount of time on our streaming platforms compared to last year, close to 45.4 billion minutes spent on Netflix alone in the first few weeks of March 2020. Movie titles such as: 28 Weeks Later (2007), Quarantine (2008),  Carriers (2009), […]

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With radical change, Argentina can turn this crisis to its advantage

  “Taking Advantage of the Crisis: Three Steps for the Revolution Argentina Needs” By Federico Fernández, courtesy of Fundacion BASES   Let’s be clear, the Argentine economy was already tumbling before we even suspected that a delicious bat soup would quarantine a third of Humanity.    But there is also no doubt that the economic situation as […]

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Global wealth inequality fell over last two decades

“Global wealth inequality has declined since 2000” Jørgen Sloth and Thomas Due Bostrup, courtesy of CEPOS   Summary and commentary   This analysis is about the evolution of global inequality. Among other things, it shows that wealth inequality has decreased over the past 20 years. Thus, the richest 10 per cent share of global wealth has fallen […]

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What’s behind euro-area housing boom… and is a crash coming?

  “Recent euro-area house price increases are dissimilar to earlier housing booms” By Zsolt Darvas, Marta Domínguez-Jiménez, and Guntram B. Wolf, courtesy of the Bruegel Institute   Rapid house price increases are good for homeowners and bad for people wishing to buy. They could also be bad for the economy as a whole if there […]

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New finance rules: Too much information?

  “MiFID II: Too much consumer protection?” By Benedikt Schmal and Alexander Fink, translation by Anna-Maria Köhnke; Courtesy of IREF   The recently updated European Markets in Financial Instruments Directive, commonly abbreviated as MiFID II, is supposed to enhance consumers’ protection. Adjustments of regulatory background questions aside, the EU aims to improve “protection of investors by prohibiting the […]

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Trump should hit China’s access to cheap dollars

                      Donald Trump’s escalating trade war with China, characterized by tit-for-tat tariffs which harm American consumers and exporters alike, doesn’t appear to be progressing to a victorious conclusion. However the U.S. has one important weapon left in its trade war arsenal, according to Anne Stevenson-Yang, […]