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Category Archives: Finance and economics

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Trump and Juncker: the dealmakers

The New Neo Posted on July 27, 2018 by neoAugust 1, 2018

Is this a deal on trade with Europe, or just a blueprint for a future deal?: President Trump’s top economic adviser said Thursday that the United States and the European Union will join forces to hold China accountable for unfair … Continue reading →

Posted in Finance and economics, Press, Trump | Leave a reply

Vienna: come for the pastry, stay for the subsidized housing

The New Neo Posted on July 25, 2018 by neoAugust 1, 2018

This article in HuffPo describes how wonderful the housing in Vienna is, and how cheap: “Vienna’s Affordable Housing Paradise: Public housing is the accommodation of last resort in the U.S. Not so in Austria’s capital city.” Paragraph after paragraph describes … Continue reading →

Posted in Finance and economics | Leave a reply

It’s worse than you think with Ocasio-Cortez and her statement on unemployment

The New Neo Posted on July 20, 2018 by neoAugust 1, 2018

Even Politifact and FactCheck couldn’t parse Alexandra Ocasio-Cortez’s astonishing statement about the cause of unemployment in a way that made her look anything but ignorant on the subject. From the first site: During the interview, Ocasio-Cortez said, “Unemployment is low … Continue reading →

Posted in Academia, Finance and economics, People of interest | 1 Reply

Don’t walk too close to a tall building in China

The New Neo Posted on July 11, 2018 by neoJuly 11, 2018

You’ll see why, if you watch this [hat tip: commenter “DNW”]: Apparently it all has to do with this phenomenon: Construction of “commodity housing” is driven by the disparity between urban and rural land prices. Rural land, which must be … Continue reading →

Posted in Finance and economics | 13 Replies

Trump’s tariff war…

The New Neo Posted on June 11, 2018 by neoJune 11, 2018

…is a high-stakes gamble: If President Trump succeeds in getting other countries to cut their tariff rates, that would be great. But if his actions lead other countries’ governments to raise their tariff rates, then, within a few years, we … Continue reading →

Posted in Finance and economics, Trump | 12 Replies

More Obama lies during the Iran deal

The New Neo Posted on June 6, 2018 by neoJune 6, 2018

Obama really, really, really wanted that deal, and he was more than willing to lie to Congress to further it: The Obama administration secretly sought to give Iran access ”” albeit briefly ”” to the U.S. financial system by sidestepping … Continue reading →

Posted in Finance and economics, Iran, Obama | 10 Replies

What about those tariffs?

The New Neo Posted on June 5, 2018 by neoJune 5, 2018

I don’t really have a knowledgeable point of view on what Trump’s tariffs are likely to actually do. Not my strong suit. But I pass along this evaluation that seems equally devoid of Trump-shilling and anti-Trump hysteria: “The impact of … Continue reading →

Posted in Finance and economics, Trump | 8 Replies

Fleeing San Francisco

The New Neo Posted on June 4, 2018 by neoJune 4, 2018

They seem to take yearly polls on the question, and the last few years the numbers wanting to leave San Francisco have gone up, up, up: A poll released Sunday by a local advocacy group showed that 46 percent of … Continue reading →

Posted in Finance and economics | 26 Replies

New college admission standards recommendation to further diversity at the high school level

The New Neo Posted on June 2, 2018 by neoJune 2, 2018

Educators and people who set education policy are constantly tweaking college admissions standards in order to reach the holy grail of enough diversity, or the right kind of diversity. Here’s an article appearing in The Atlantic which offers a new … Continue reading →

Posted in Academia, Finance and economics, Race and racism | 13 Replies

Are malls dying?

The New Neo Posted on May 31, 2018 by neoMay 31, 2018

I think they are. The biggest one in my neck of the woods opened around 1980. I remember how exciting it was to have a spiffy new mall within just a few minutes of my house. Now that mall is … Continue reading →

Posted in Finance and economics, Me, myself, and I | 16 Replies

House votes to roll back portions of Dodd-Frank

The New Neo Posted on May 23, 2018 by neoMay 23, 2018

The bill passed with bipartisan support, 258-159. The beneficiaries will be smaller banks that claim to have been unduly hampered by the bill: The bill stops far short of unwinding the toughened regulatory regime put in place to prevent the … Continue reading →

Posted in Finance and economics, Politics | 10 Replies

The “whistleblower” on Michael Cohen’s finances

The New Neo Posted on May 18, 2018 by neoMay 18, 2018

The war on Michael Cohen continues with the disclosure of some of his financial records: Michael Avenatti, Stormy Daniels’s attorney, published a memo last week that he said detailed Michael Cohen’s financial transactions… But questions arose about how Avenatti had … Continue reading →

Posted in Finance and economics, Law | 6 Replies

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