Will Canada’s housing bubble burst?
Related:
http://www.economist.com/news/leaders/21723418-demand-safe-assets-emerging-markets-creates-headache-policymakers-lessonsThursday, June 22, 2017
India’s Economic Challenges
The Economist on
the Indian Economy
India’s population to surpass China’s around 2024
http://www.livemint.com/Politics/xg5PjRFTNHYKg1AUhBVa6M/Indias-population-to-surpass-Chinas-around-2024-United-Na.html
Profile of Viral Acharya - deputy governor at the Reserve
Bank of India (RBI)
“Acharya has a theory
about the mess we are in. According to him, public-sector banks mobilized more
deposits than the private banks after the 2008 credit crisis, but capital
allocation was poor. Besides, the government came out with a stimulus package.
“We talk about boom and bust. But this was somewhat different. The boom did not
last long and the bust hasn’t yet ended,” he says.”
Related:
The World’s Best Airlines
Global Rankings –
The world's best airlines, according to Skytrax
- Qatar Airways
- Singapore Airlines
- ANA All Nippon Airways
- Emirates
- Cathay Pacific
Related:
China is building the world’s biggest airport hub near
Beijing:
Wednesday, June 21, 2017
Contemplations
A nostalgia inducing piece - Before the Internet by
Emma Rathbone
“Before the Internet,
you would just sit in an armchair with a book open on your lap, staring into
space or staring at a decorative broom on the wall—kind of shifting back and
forth between those two modes of being.”
On This Summer Solstice, Be Glad You Live on Earth by Alan
Burdick
http://www.newyorker.com/tech/elements/on-this-summer-solstice-be-glad-you-live-on-earth
“Summer is a separate matter. A planet’s seasons are shaped by two factors: the eccentricity of its orbit—whether it’s closer to the sun at some times of the year than at others—and the tilt of its axis. Earth’s orbit is essentially circular, so the effect on our climate is negligible. But the planet itself leans twenty-three degrees to the side; as we orbit, there comes a day when the North Pole is maximally tilted toward the sun and the Northern Hemisphere sees more daylight than it will all year. That’s today, the summer solstice. (Below the equator, it’s the winter solstice, of course, and in six months our situations will reverse.) If we weren’t off-kilter, we’d have no summer nor any seasons at all.”
“Summer is a separate matter. A planet’s seasons are shaped by two factors: the eccentricity of its orbit—whether it’s closer to the sun at some times of the year than at others—and the tilt of its axis. Earth’s orbit is essentially circular, so the effect on our climate is negligible. But the planet itself leans twenty-three degrees to the side; as we orbit, there comes a day when the North Pole is maximally tilted toward the sun and the Northern Hemisphere sees more daylight than it will all year. That’s today, the summer solstice. (Below the equator, it’s the winter solstice, of course, and in six months our situations will reverse.) If we weren’t off-kilter, we’d have no summer nor any seasons at all.”
China admitted to MSCI emerging markets Index – A Big Deal?
China admitted to MSCI emerging markets Index – A Milestone?
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