21 Aug, 2024
America, China and Russia face (ever-) decreasing birth rates and to such an extent that various politicians have already claimed a demographic crisis. However, the reasons are very, very different. WSJ, 25 April 2024: “Fewer babies were born in the U.S. in 2023 than any year since 1979. American women are giving birth at record-low rates. The total fertility rate...
15 Jul, 2024
Late 2023, former Dutch PM Mark Rutte (b.1967) acknowledged the criticism that he overstayed his position, while adding that “you notice your decreasing effectiveness when you stay too long” (AD, translation by LO). Hence, Joe Biden (b.1942) must know this as well. The criticism by Dilan Yesilgöz (the new leader of the liberal party) included an interesting unite vs...
11 Jul, 2024
It has been quite a while that I used external articles for my blogs. This Axios Macro article deserves my exception. I believe in the validity of its contents. Actually, I’m glad that its full impact will (probably) be after my demise. I’m one of the reasons why there already is a labor shortage. My 2013 decision was involuntary due a severe burn-out and subsequent...
2 Apr, 2024
Usually, inflation is driven by the demand-side in economics. An increase in demand and a stable supply will cause (consumer) price increases - a.k.a. inflation. Alternatively, a decreasing supply and a stable demand will also cause inflation. Latter happened after the Russian invasion of Ukraine (2022). In 2023, consumer prices were getting back to "normal". Since...
29 Mar, 2024
Op 22 maart plaatste het Financieele Dagblad dit artikel: “Postbezorgers krijgen loonsverhoging van 19% over de komende twee jaar”. Dit artikel maakt een onderwerp actueel dat al behoorlijk lang op mijn lijst stond: gaan we wel van aanbod-gedreven naar een vraag-gedreven inflatie?? Inflatie wordt bijna altijd veroorzaakt door een (sterk) gestegen vraag bij een...
7 Mar, 2024
Intro LO: This recent Times article highlights a demographic topic in (very) many countries: declining birth rates that are announcing a declining population (eg, China-FT-2021). South Korea claims it “faces extinction”. That claim makes sense given the numbers in the 3rd paragraph of the article below. The 5th paragraph explains why this demographic issue is (much)...
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