72). This flattening of economic growth curves would not be due to a temporary recession, but to long-term tendencies: the exhaustion of past revolutionary innovations, these innovations’ historical singularity, and the unlikelihood that similar breakthroughs will ever occur again.Footnote 1 Similarly...
The longer the maturity of the government bonds, the higher the capital losses for the financial intermediaries, and the more pronounced the adverse effects on the economy in case of a financial crisis. Long term government debt is commonly thought of as stabilizing because of lower roll over ...
terming the underlying economics to be “extremely challenging.” The company is instead interested in singular live events like the Jake Paul-Mike Tyson boxing match and intends on building a portfolio of similar products. However, Netflix still purchased the broadcast rights for the FIFA ...
“That is good news. But banks are reluctant on term lending at this point. They are supporting short term, supporting anything with underlying trade, underlying supporting documents. Gone are the days when you give 5-year working capital loans and large T-ODs. “So banks are carefully lookin...
I'm broadly pessimistic — about the underlying real assets (poorly considered homes may literally go to seed, have values less than zero), about the short-term prospects of the US economy, about contagion in consumer credit, commercial real-estate and other markets, etc. etc. So my view ...
(see Fig.2). Others have described the new harbour complex project as nothing short of a ‘mechanised fish factory backed by China’, as the Chinese government is financing the project (Jackson,2019). On the other hand, the government draws on the modernisation narrative to legitimise the ...
Talkin' term limits: insurers--smarting from past losses--are showing an increasing amount of restraint in underwriting environmental risks. Buyers can expect shorter terms and more fine print in the terms and conditions. Science and societal pressures are partly to blame.(SPECIAL REPORT: ...
They must not take up more than one seat on the bus. They must not ever ask for more. In short, you must be perfect. Robotic. Even if you are a professional athlete who performs for millions of Americans, playing a game in which aggression, testosterone, and energy are rewarded (...
This may sound rather abstract. An example: Metallgesellschaft in the early 1990s sold long-term commitments to deliver gasoline and hedged the exposure thereof by rolling over short-term futures contracts. The company assumed that futures markets remain in backwardation. When the futures market turned...
But not everyone agrees with Zhang. According to Zhao Qiuchi, an economics professor at the Capital University of Economics and Business, despite the short-term effect to boost housing prices, the loosening of the hukou system serves to restore the real estate market, rather than distort it. ...