6 Comments

IMF predicting that Russia will grow faster than all advanced economies in 2024! Also their largest upward revision. Not a good look.

Expand full comment

That chart showing the US beating the world in post-Covid recovery would make a nice ad for Biden, if American voters didn't hate charts and graphs and facts generally.

Expand full comment

The US is also currently running record "peacetime" (I mean, Congress hasn't declared war, so officially it's peacetime despite massive spending on arming Ukraine and Israel) deficits, which is a significant fiscal stimulus. Maybe the ECB should get off its arse and do more of the same -- that is if they can overcome the German "schwarze null" foolishness ...

Expand full comment

Hi Adam, wondering if you could take a look at (maybe even offer an explanation for?) why labour markets are "tight" in spite of particular sectors seeing relatively significant layoffs over the past 18 months (I'm thinking in particular of tech, and the digital games industry – see http://videogamelayoffs.com/). How much is it possible to say whether layoffs in these sectors is expectation "contagion" vs correction from over-investment? Games & Tech just seem massively out of step with the rest of this data...

Expand full comment

So why did the Five Eyes and Europe all simultaneously decide to massively increase immigration?

Expand full comment

Isn't Five Eyes a burger chain?

Expand full comment