Mastodawn

#IMF chart courtesy of #AdamTooze shows that #AdvancedEconomy #energy #exporters like #Canada suffered modest downward revisions to their #GDP #forecasts in that organization’s revised economic outlook. open.substack.com/pub/adamtooz...

#IMF: in 2020, faced with the worst #economic #collapse since the Great Depression, #governments began to borrow extensively. #Advancedeconomy #debt jumped by tens of percentage points of GDP; in some countries it exceeded 120 percent #governmentdebt #publicdebt #governmetborrowing

“I do not think we can rule out the possibility of the #market starting to price the #U.S. like an #emergingmarket,” rather than a #stable, #advancedeconomy, Demiralp said. “To some extent, it is happening already.” www.newyorker.com/news/the-fin...

Donald Trump’s War with Jerome...

John Cassidy on the President’s campaign to bend the independent central bank to his will, and how it falls in step with other populist strongmen.

The New Yorker

“Are we actually funding our #research at the level that is necessary for a country with an #advancedeconomy? I’m sad to say, I think the answer is no.” #Canada #CIFAR www.theglobeandmail.com/canada/educa...

Canada should invest in its re...

Stephen Toope says Canada isn’t funding its own research at a high enough level

The Globe and Mail