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Most Read Articles Last Week Ending 21 October

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Written by Econintersect

Econintersect: Google Analytics has given GEI page read counts for each of the 259 most read articles on Global Economic Intersection for the week 15 October through 21 October, inclusive. The top ten are listed after the Read more >>jump.

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What We Read Today 15 October 2017

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Stephanie Kelton: "It's Time For Politicians To Stop Deficit Fearmongering"

Written by John Lounsbury

Last Tuesday night tax reform debate on CNN between Senator Bernie Sanders and Ted Cruz was discussed on the Real News Network by Stephanie Kelton, economics professor at State University of New York at Stonybrook and former chief economist for for the Senate Budget Committee Democratic staff. She took a closer look at some of the issues and implications from the debate regarding taxes, government deficits, and the federal debt, which is currently at $20 trillion.

stephanie.kelton.rnn

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Infographic Of The Day: Chart: Are Today's Students Prepared To Make Financial Decisions

Ultra-low interest rates have fueled a boom in debt and asset prices, making everything from houses to stocks very expensive. Meanwhile, students have accumulated $1.45 trillion in student debt, and grads will be squeezed for years attempting to pay it all off.

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Video of the Day:

Can the government take all of a family’s money based on suspicion that one family member committed a crime? That is exactly what happened to the Slatic family earlier this year, when the San Diego County District Attorney seized over $100,000 in personal bank accounts belonging to James Slatic, his wife Annette, and their two teenage daughters, Lily and Penny, without charging anyone with a crime.


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Current Weather Outlook

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NOAA and JAMSTEC  have substantially similar but not identical ideas on the ENSO forecast which is the key to the Seasonal Outlook. Both see a "cool" Eastern Equatorial Ocean pattern with NOAA being more optimistic than JAMSTEC that it will be a true La Nina. This results in closer agreement than usual for the temperature and precipitation forecasts for at least the first two Seasons. The details on this are discussed in this report.

Seasonal Outlook Update


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Sector And Market Analysis 21 October 2017



 more opinion

New Thought For A New Era: The Xi Decade

Written by Dan Steinbock, Difference Group

In the Xi decade, Chinese transition to the post-industrial society will accelerate, despite the new normal in the world economy.

As the 19th National Congress of the Communist Party of China opened in Beijing, General Secretary Xi Jinping delivered a report about 'building a moderately prosperous society' for a new era.

xi.xinping.china

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 USA economy at a glance (boxed items are updates in last 7 days)

13 October 2017: ECRI's WLI Growth Index Rate Expands Further

ECRI's WLI Growth Index which forecasts economic growth six months forward is remains in expansion. This is compared to RecessionAlerts similar weekly leading index.

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