In addition to the rapidly aging percentage of the Chinese population, China is facing a growing labor shortage even for unskilled jobs. This twin problems will slowly and steadily, if continued, create a deficit in China’s social security and pension fund revenues and as the need for pensions and old-age services increases exponentially. The period …
Category: Economics
The Prospects for the Recovery of the Eurozone / EU Economy are Difficult
Based on expectations in various key sectors of the EU economy, inflation is expected to increase across the Eurozone as a whole. This is due: 1) At the expected higher energy prices. 2) In the wider increase of all prices of commodities and food, respectively. 3) The rise in prices due to increased levels of …
Upcoming US Inflation Rise Will Reduce Consumer Income
Economists know that after a sharp drop in demand levels that these large amounts of declining demand are only caused by wars or global epidemics, inflation is the indicator size that will rise after the end of the problem due to declining demand. drastically reducing any disposable income of consumers-citizens. This is due to four …
The Crypto Assets and their Regulatory Framework
Ludwig Von Mises in its book titled «The Theory of Money and Credit» mention that «the State has not the power of directly making anything into money, into a common medium of exchange. It is only the practice of the individuals who take part in business that can make a commodity into a medium of …
The Continuous Increase in Food Prices Will Cause Mass Production of Lab Grown Agriculture
The continued rise in food costs internationally, in addition to the consequences of already being hit by the Covid-19 family budget pandemic and the increase in basic living costs, raises questions about whether the overall food production-supply of the planet can meet the growing demand for food. Given that China has imported huge quantities of …
How an Economy Adapts to Economic Shutdowns
It is a fundamental fact that anything organic that takes a negative hit, its sensitivity in the first stage must immediately adjust its performance by reducing its activity accordingly. It is then gradually adjusted and when a second or third negative hit is achieved the organic element is fully adapted and works effectively at the …
The Eurozone/EU Economy for the forthcoming Decade (2021-2030)
The Eurozone & EU economy equally is expected to start recovering by the end of Q3 2021. But until then the economies of the euro area member countries will be characterized by high budget deficits in their annual government budgets, by high public debts (in some euro area member countries general government debt will exceed …
Pandemic Forces Governments to Adopt Socialist Economic Policies
The ever-increasing implementation of the monetary policy, which, due to the pandemic and its measures to deal with economic shutdowns and social isolation, in other words the continuous printing of money, is being used to cover the damage caused to economies while providing state aid to both workers and businesses (in the form of subsidies …
The Eurozone/EU Economy for the Next Decade (2021-2030)
The Eurozone & EU economy equally is expected to start recovering by the end of Q3 2021. But until then the economies of the euro area member countries will be characterized by high budget deficits in their annual government budgets, by high public debts (in some euro area member countries general government debt will exceed …
Pandemic Forces Governments to Adopt Socialist Economic Policies
The ever-increasing implementation of the monetary policy, which, due to the pandemic and its measures to deal with economic shutdowns and social isolation, in other words the continuous printing of money, is being used to cover the damage caused to economies while providing state aid to both workers and businesses (in the form of subsidies …