The curse of overabundance
The old adage that you can’t have too much of a good thing does not apply to global macroeconomics, unfortunately. Expect low growth and low inflation
This year has been a rollercoaster one in Europe. It started with Portugal and Spain’s triumphant exits from their bailouts and talk of a eurozone recovery. It ended with a real threat of deflation, sluggish to no growth in core eurozone countries and a possible snap election in Greece.
Elsewhere, the US Federal Reserve ended its quantitative easing programme as a recovery took hold, Japan doubled down on its own monetary and fiscal...
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Private rental sector remains strong despite Covid-19
Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account
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Several strategic changes offer an opportunity for positive reform of planning and development
Comment: US must defuse Covid-19’s ticking time bomb of debt
The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery