Economics
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Looking for a very bad opening and subsequent sell off in Asia and especially the euro zone as hopes of exports to the US fade leaving them no escape from their deteriorating domestic demand.
A while ago I posted why I thought, contra Interfluidity, that MMT was not monetarism .
winterspeak.com
Today's jobs report was a pretty bad one. Nonfarm payroll employment rose by only 120,000 in March, which was less than half the rate of the prior three months. The unemployment rate remained at 8.2%.
Mike Norman Economics
By Michael Burke The Construction Products Association (CPA) is forecasting a ‘double-dip’ UK recession for the construction industry in 2012 and compares the latest slump to that of 10 years ago - the last Tory recession under Major when 600,000 construction industry jobs were lost. The CPA is well-placed to judge the near-term outlook as it comprises all the main suppliers to the construction industry.