economics
Imported tag from Readwise
economics
Imported tag from Readwise
Real private final consumption expenditure has been averaging at 3.5-4 per cent over the past five years despite the exuberant leveraged spending. And while the contraction in financial savings was seen as a sign of improving household confidence, it ironically accompanied a languid actual consumption, indicating faltering real incomes.
Indeed, the
... See moreMemories of World War I shortages led the great powers to secure supply as geopolitical competition intensified in the 1930s.
Power Sector (DISCOMs)
Electricity distribution companies, or DISCOMs, are a financial black hole for many states. Despite multiple reforms, DISCOM debt has grown by 8.7% annually since 2016-17. By 2022-23, accumulated losses hit ₹6.5 lakh crore—2.4% of GDP. Six states account for 75% of these losses. The Centre has offered states additional
... See moreRational investors are unable to impose their views on the market as the capital cycle poses a number of “limits to arbitrage.”
Over the course of the war the U.S. produced around 5,600 cargo ships, 80,000 landing craft, 2.4 million trucks, 2.6 million machine guns, and 41 billion rounds of ammunition.
7 In established firms, expected rewards, in their turn, drive the allocation of resources toward sustaining innovations and away from disruptive ones.
To maintain their income, the lords attempted to extract a greater amount from each peasant, as well as trying to dispossess one another (via brigandage and internal warfare).
The financial services sector globally intermediated about $400 trillion in assets and generated $6.8 trillion in revenue in 2022. Those are both records. They compare with about $375 trillion in assets and $6.4 trillion in revenue generated in 2021. Intermediation has been growing faster than the overall economy, with intermediation growth of
... See moreThe budget deficit stimulates the economy. Without it, the recovery could not have been as fast and vigorous as it turned out to be. The recovery, combined with high interest rates and the influx of foreign capital, tends to keep the dollar strong. The recovery, combined with a high exchange rate, tends to suck in imports and create a trade
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