March 28, 2020

Seven Billion and Counting

Recently a good friend of mine said that there are “too many” people in the world. This made me think of a blog I wrote two years ago about the world’s population hitting 7 billion. If you look at this population clock, you will see that the world’s population is now about 7.2 billion. My […]

The Never Ending Story?

I wrote in October about the double problem for the global economy – the stagnant US Economy and the Eurozone crisis. Both of these have been fuelling negative business expectations which, as you know, make private consumption and investment lower than they otherwise would be. So let’s re-assess the situation a few months on. In […]

Double Trouble

Two things are giving everyone cause for concern at the moment: the euro crisis and the state of the US economy. A good discussion of the ongoing euro crisis and its potential disastrous impact can be found here on Paul Krugman’s New York Times blog, and an article about the US economy from the eyes […]

Early Retirement?

We all know that life expectancy has increased dramatically over the last fifty years, and if you believe this Guardian graphic produced from the recent UN report on population, it looks set to increase further across the world by the end of the century. Because of this developed economies now have an increasingly large proportion […]

Follow the Sun?

Is the recently-announced debt-reduction plan for Greece a viable solution to the most serious financial problem facing the world economy today? The example of Jamaica – the land of sun, sea and sand – could be a good indication of what might be expected to follow. Or is it? Back in 2009 Jamaica faced its […]

Seven Billion

The UN is predicting that the world’s population will hit 7 billion this week. For many the logical consequence of an ever-increasing population seems to be mass-starvation and environmental disaster. These fears are not new. More than 200 years ago the economist Robert Malthus predicted continuous growth in population outstripping growth of available resources resulting […]

Exogenous Shock?

There was a worrying macroeconomic development yesterday. Further to my post about the European and US Economies earlier this week, Slovakia has now voted down an expansion of the European Financial Stability Facility. The proposed expansion (which has been approved by all other eurozone members) was intended to provide further lending facilities and the power […]