Torsten Slok, chief economist at Apollo Global Management: #Germany has the least-funded #pensionsystem of any major #advancedeconomy. Funded #pension #assets are just 7% of GDP, against 149% in #Sweden and 185% in #Canada. German household wealth sits mostly in deposits.
#advancedeconomy — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #advancedeconomy, aggregated by home.social.
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Torsten Slok, chief economist at Apollo Global Management: #Germany has the least-funded #pensionsystem of any major #advancedeconomy. Funded #pension #assets are just 7% of GDP, against 149% in #Sweden and 185% in #Canada. German household wealth sits mostly in deposits.
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#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...
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#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...
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#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
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“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... -
“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... -
“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...