‘Asymmetric warfare’ or more aptly, ‘asymmetric conflict’ involves a confrontation between two sets of agents in which one set possesses vastly greater resources. In more recent time, the notion of ‘asymmetric conflicts’ involved the less endowed agent…
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U.S. Median Household Income: The Myths of Recovery
by Constantin Gurdgiev •
The U.S. Census Bureau published some data on household incomes today. Off the top, the figures are encouraging. The devil is in the details.
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Partisan Gap in Consumers’ Perception of the U.S. Economy Explodes
by Constantin Gurdgiev •
Here is a chart from the U of Michigan consumer survey showing an explosion in partisan gap between Democrats and Republicans when it comes to self-reported consumer sentiment:
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Year Eight of the Great American Recovery: Household Debt
by Constantin Gurdgiev •
U.S. data for household debt for 2Q 2017 is out at last, and the likes of Reuters and there best of the official business media are shouting over each other about the ‘record debt levels’ warnings.
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A Great Recovery or a Great Stagnation?
by Constantin Gurdgiev •
Value-added is one measure of economic activity that links the production side to consumption/ demand side (using inputs of say $X value to produce a good that sells for $Y generates $Y-$X in Gross Value Added).
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Global Debt Bubble 2002-2017
by Constantin Gurdgiev •
A nice chart showing evolution of global debt levels since 2002
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Euro Area Banks Bailouts: The Legacy Still Hangs Over Our Heads
by Constantin Gurdgiev •
The Financial Times has published a very neat visualisation of the global banks bailouts net impact
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New research: the Great Recession is still with us
by Constantin Gurdgiev •
Here is the most important chart I have seen in some months now. The chart shows the ‘new normal’ post-2007 crisis in terms of per capita real GDP for the U.S.Source: http://rooseveltinstitute.org/wp-content/uploads/2017/07/Monetary-Policy-Report-…
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BRIC Composite PMIs: July
by Constantin Gurdgiev •
Table below summaries current shorter term (monthly) trends in Composite PMIs:
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BRIC Services PMI: July
by Constantin Gurdgiev •
Here is the analysis of the BRICs Services Sector PMIs.
