Summary: September housing starts were weak, as they have been since the crash. Their failure to recover has been a surprising and large drag on this economic cycle. Demographic change and slow GDP prevent a housing recovery. On the other hand, housing busts create recessions; this slow expansion (without a boom) is more sustainable -- … Continue reading Why New Home Construction Is Slow, And Will Remain So For A Long Time
Summary: Doomsters dominate the news, as they terrify us for fun and profit. Here's good news from the IMF about global food production. See it here; you probably won't see it in the news. Let's not become complacent; the IMF warns of the large challenges that lie ahead. “If current trends continue by the year … Continue reading Good news from the IMF about feeding the world’s people
Summary: Population change remains a favorite topic for doomsters, providing clicks for the news media and thrills for news consumers. For 5 decades we have heard about the standing room only days coming soon for Earth. That's become a tired story, so they've devised a new one… The rapid rise in population has not … Continue reading Doomsters warned of End Times from overpopulation. Now *fewer* people are disasterous.