The current monetary inflation that is the Bernanke boom-bust-to-be is already multiples larger than the monetary inflation that produced the tech bust and, at this point in the boom-bust cycle, even larger than the inflationary surge that gave us the housing bust turn Great Recession.
Only when the economy is in boom or bust will all the data point consistently in one direction.
The sad point being that whatever the boom in US manufacturing it is still true that the days of sector as a source of mass employment are over, dead and gone.
FORBES: The Revival Of American Manufacturing: But The Jobs Still Aren't Coming Back
They are particularly dependent on selling to economies - that like the UK itself - became far too indebted during the boom years (and to labour the point, I am talking here about the aggregate of household, corporate, banking and government debt, not government debt alone).
An overvalued stockmarket, a credit-driven consumer-spending boom and a current-account deficit all point to the same conclusion: that America's expansion is unsustainable.
StanChart point out that their prediction of a construction boom next year hinges on government policy.
FORBES: Standard Chartered Sees Chinese Housing Rebound In 2013
We had 80% in early 2000 after a supply boom and the Asian financial crisis, and at some point in the cycle that went down to 1%.
FORBES: China Is Poised To Top Japan, Australia Among Int'l Commercial Property Investors In Asia
The first thing to point out is that the both the subprime mortgage boom and the subsequent crash are very much concentrated in the private market, especially the private label securitization channel (PLS) market.
"It's more peaceful out here than it is in Croydon today, " he says, as music booms from the courtside speakers, and indeed, the word "Boom" flashes up on the big screen after another decisive point is scored.
This may be wishful thinking, but his essential point is a good one: namely that the boom years before the great recession put far more wealth in the hands of highly educated professionals than in earlier times, and that this class--Ivied, cosmopolitan, sophisticated in the ways of the knowledge economy--naturally gravitates toward liberal values and politics.
Experts also point out that energy markets are changing with the US boom in shale gas, which has brought down prices, and this makes commercial decisions tougher.
Though some dot-com companies made a point of blowing their entire budget on the game during the first boom, most of today's marketers use the ads as a highlight to their campaigns, not the campaign itself.
If you go higher than that, there are other tipping points, especially the release of carbon in the tundra and the things frozen in the tundra region, and that tipping point means it becomes very nonlinear and all of a sudden--boom!
Soumpholphakdy is now part of the tourism boom, as owner of the trendy Hotel Sala Prabang, but I could see his point.
"Jerry Jr. is a one-man real estate boom, " cracks Christopher Doyle, vice president at CB Richard Ellis and the Falwells' point guy on the Candlers development.
应用推荐