Although no economy is the same and there are relevant differences between the Japanese and the US or European macro setup, we can learn quite a few things by studying what happened in a jurisdiction that experimented with QE and ‘‘QE + fiscal’’ already 20-30 years ago. At MAP, we spend much of our time reading. We want to point you to our favorite articles. Here is our weekly curation of our favorite reads.
The Marco Compass: “Japan Has All The Answers You Need”
Bloomberg: “India Wants to Grow Tiger Population by 35% to Protect Forests, Boost Economy”
The New York Times: “What an Adult Tricycle Says About the World’s Bottleneck Problems“
The Atlantic: “People Liked Malls“
Bloomberg: “$500,000 For A Picture Of A Rock NFT Says Where The Cycle Is”
The New York Times: “Who Has the Cure for America’s Birthrate? Canada.”
The Wall Street Journal: “Small-Cap Stocks May Be Pricier Than They Appear”
The Wall Street Journal: “Jack Ma’s Costliest Business Lesson: China Has Only One Leader”
Digits To Dollars: “Roll Your Own Adventure”
MarketWatch: “U.S. households and small businesses have stockpiled a mind-blowing record cash pile of almost $17 trillion”
The New York Times: “Banks Are Bingeing on Bonds, but Not Because They Want To“
The Wall Street Journal: “Chinese Factories Are Having Labor Pains—‘We Can Hardly Find Any Workers’”