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March 8, 2026

Category: Articles

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Trump Kim Summit in Singapore. China The Big Winner.

Wednesday, 13 June 2018 | 2:16 pm by Burnham Banks
On 12 Jun 2018, US President Donald Trump met with North Korean Supreme Leader Kim Jong-un in Singapore in what was hailed as a historic meeting. The document the two leaders signed state the following: The United States and the DPRK commit to establish new US-DPRK relations in accordance with the desire of the peoples
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The US Labour Market is Tight. Participation Rates Explained.

Monday, 11 June 2018 | 4:21 pm by Burnham Banks
Average hourly earnings are growing at 2.7% YOY, well below the 3.6% growth rates seen pre crisis 2008. The unemployment rate has fallen steadily from 10% during the crisis to 3.8%. The JOLTS Quits Rate (which measures voluntary quits, presumably in search of better prospects) has risen steadily since 2009 to 2.3%, near its post
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Malaysia Election 2018. A Historic Opportunity.

Friday, 18 May 2018 | 9:19 am by Burnham Banks
On 9 May 2018, the Malaysian general election saw an unexpected win for the opposition Pakatan Harapan coalition against the Barisan Nasional juggernaut despite extensive gerrymandering. Malaysians ended UMNO’s 61 years of rule, albeit with the efforts of UMNO alumni, ex PM Mahathir Mohammed, ex Deputy PM (and ex political convict) Anwar Ibrahim, and a few UMNO defectors
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The ECB is in a difficult position.

Tuesday, 24 April 2018 | 11:44 am by Burnham Banks
The European economy has long been bogged down with structural impediments and the challenges of a partially unified single market. Yet in 2017, the European economy experienced a significant pick up. PMIs surged and GDP growth recovered to levels before the 2011 European crisis. Some of the strength has come from a rebound in international
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This is fake news:

Thursday, 29 March 2018 | 10:51 am by Burnham Banks
Humphrey: This fake news has to stop and we are going to be the ones who have to stop it. As it is information or possibly misinformation has proliferated around the internet while our reliance and faith in Google or Wikipedia has grown to dependence. It’s a dangerous state of affairs when people trust wholeheartedly
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Ten Seconds Into The Future

“Hello. I’m Burnham Banks and I studied economics in the late 80s and early 90s. I’m still studying economics today and am still no wiser. This blog is a journal, a record of my thoughts and experiences. If we are destined to repeat our mistakes, we should at least repeat them faithfully. If not, then perhaps the past is a mischievous guide and we should try something new.”

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