Post 208

A snapshot of what’s going on in the world’s economy.  Financial Ructions and book reviews can be a bit more technical so feel free to skip them.  See disclaimer at the end of this note.

Summary

  • Apologies for the delay as I’ve been travelling.
  • We have seen a lot of consumer products companies increasing prices at the expense of declining volume as well as growing less in the US than other regions.  More here.
  • A lot of stuff on the damages that ultra low interest rates since 2008 have caused, and that today’s “normal” interest rates are not the problem.
  • Plant-based meats seem to be going out of style.
  • Job growth is being supported by government hiring as well as services and part-time jobs.
  • Shoplifting is becoming a crisis in some cities.
  • Some financial ructions stuff on money/cash.
  • No book review today on the Mystery of Banking.