There are criticisms that some of elements of the stimulus announced by former Prime Minister Mahathir Mohamad do not have immediate impacts, and so it should be replaced with more immediate responses. Responses like bigger cash transfer and bigger spending now. And the new Cabinet seems on course to enlarge the stimulus. I am here […]

Has austerity failed? In the sense of expansionary fiscal contraction, it has. Expansionary fiscal contraction, in short, suggests that government contraction will immediately expand the private sector. That particular interpretation of fiscal austerity has clearly failed to bear out in countries under crisis. It is like the argument that says reducing taxes will increase government […]

Does anybody know why the leading indicator went up in October? I see the money supply went up, which means demand for money went up, which in turn suggests there were increase in economic activities. But why?

There are always victims in an economic recession. It can push individuals into desperation and force them potentially to do something that they would not otherwise do. It can turn the man on the streets into a criminal. There is a relationship between economic recessions and unemployment rates and there is a relationship between unemployment […]

There have been talks of recession hitting the United States again. Extremely shocking manufacturing data from the US today¬†is¬†probably partly fueling the talks. Although prediction is a risky game, there are various indicators one can use to gauge the likelihood of a recession. One of them is the US treasury yield curve. An inverted yield […]

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