Its a familiar story, but one cannot but stare in awe at the cons/investment balance in China 1990-2015: https://t.co/WaNxst1YDc
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…
Chartbook Newsletter #12 just posted. On the dangers of Euro Area complacency. A cause @RobinBrooksIIF @heimbergecon @DanielaGabor and I have been urging for some time.
Pfizer reported more than $50 bn in revenue last year. Its Covid-19 vaccine is expected to generate about $14.6 bn in revenue 2021—some of which