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With global exports contracting hard over the last months and the baltic dry index in free fall, global manufacturing really looks like poo poo. Any economists here that could shed some light on the connection between such symptoms and a possible global crash?
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Feb 10, 2016 19:50
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| # ¿ May 2, 2024 20:53 |
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Reporting from the Munich housing bubble: Most of my friends (around 30, many stuck in part-time jobs or endless internships, the few engineers also working as contractors without steady employment) spend most of their pitiable income on ever-increasing rent - all while developers upgrade/build even more small high-class apartments for double-high earning childless couples in their 40s. The city governement answers with lots of hand-wringing and a toothless cap for rising rents (10% a year). Building social housing on the vast lots of city-owned ground? Why do that if you can sell it for record prices to developers! Also fearing a Russian enonomy collaps - my company's hq's located in Russia and even with our sub-company doing well by itself, it's easily gonna get sucked into that vortex. Have I mentioned that this year I'm gonna spend most of my weekends tending to an urban garden, just in case poo poo really hits the fan? 
SavageGentleman fucked around with this message at 15:05 on Feb 12, 2016 |
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Feb 12, 2016 15:01
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