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By 2060, there will be only two people of working age for each retiree in the EU – down from more than three in 2016. That'll put a pressure on services and the government that only young migrant workers can relieve, says
@FerdiGiugliano https://bloom.bg/2ALQHMZ pic.twitter.com/PNJwxBe6Lj -
Big banks can’t continue to carry an army of well-paid bankers while tech-savvy competitors undercut their fees https://bloom.bg/2Vgiq1K pic.twitter.com/9Ehjg1Qtzx
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Tesla keeps breaking sales records but can’t seem to break even https://bloom.bg/2pPpqXO pic.twitter.com/eSOSeiuN3o
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The probability of a global recession is now perceived as higher than at any time since 2009 https://bloom.bg/2MksJ0u pic.twitter.com/h19D9bqlUy
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Carbon taxes have a big defect: Warming is global, but the taxes are not. The U.S. emits a lot of carbon per person, but in total terms it’s a modest and shrinking slice of global emissions https://bloom.bg/2MmoPEq pic.twitter.com/oAJVpx8Cfq
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Loneliness has the same impact on mortality as smoking 15 cigarettes a day, making it even deadlier than obesity https://bloom.bg/2IrZwzN pic.twitter.com/0Wgaxaf5T6
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Your polyester sportswear might just be better for the environment than that silk blouse. The natural fabrics favored by the fashionable elite have the worst effect on the environment (silk is a particular disaster) https://bloom.bg/2AMtNoE pic.twitter.com/mCDM4OdoW9
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When it comes to investing: 1. Make sure you can afford your mistakes 2. Know that you'll probably make mistakes 3. Let maturity and quality take you out of your mistakes "Those are going to be key guiding principles as investors go forward," says
@elerianm on@BloombergTVpic.twitter.com/x1ROO2Mxrp -
China is absolutely dominating the electric vehicle market. There's only one company in the top 10 by percent of electric passenger vehicle revenue that isn’t Chinese: Japan’s Mitsubishi Corp https://bloom.bg/2MjuACK pic.twitter.com/S1uzQ5YNK8
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Nearly 1.5 million alternative energy vehicles were sold in China in the last year. Gasoline demand, after almost doubling between 2010 and July 2019, is now essentially flat https://bloom.bg/2IEMIGz pic.twitter.com/ZqH2ouxh7m
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The amount of U.S. Treasury securities outstanding has roughly tripled since 2008 to $18 trillion. Where are all these Treasuries going? https://bloom.bg/31O8X4f pic.twitter.com/GZyf9b9oI2
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The last three recessions were all preceded by declines in RV manufacturers’ shipments https://bloom.bg/2MeJavl pic.twitter.com/S11QwadWHA
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Unlike the 2001 and 2007 recessions, we can’t expect China to pull us out of it with blockbuster growth this time https://bloom.bg/2IoUMeh pic.twitter.com/g52toR8FkD
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Just one-third of millennials owned their homes in 2016, the lowest percentage for younger-than-35 families on record. That's not a surprise when you consider that the average house value is $195,400 -- higher than any period except 2004 and 2007 https://bloom.bg/339anX5 pic.twitter.com/np5KgCA3Eg
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237 companies have approved science-based emissions-reduction targets. They will need to collectively reduce their emissions by 139 million tons of carbon dioxide by 2030 -- that's equivalent to eliminating half of Spain’s annual emissions https://bloom.bg/2oQT6mY pic.twitter.com/lGJ7tWhmun
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With battery costs coming down, electric vehicles are forecast to outnumber their gas-powered cousins in the U.S. in about 20 years.
@noahpinion thinks the U.S. and other rich countries should attempt to make the change in half of that time https://bloom.bg/2LMkQBX pic.twitter.com/dRmmuQLgZU -
Throughout history, governments didn’t go into deficit unless they had a war to fund – until the repeated bubbles of the last two decades https://bloom.bg/359Agbm pic.twitter.com/MDpR7Wo2eB
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The internet economy in Southeast Asia, a region of nearly 650 million people, is on track to exceed $100 billion this year before tripling by 2025. Politics will determine who gets to profit https://bloom.bg/2LKH7jG pic.twitter.com/R91iMCxC7v
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Is the Fed too optimistic in its forecasts? "The domestic side of this economy is still quite robust," says
@elerianm. It doesn't mean we can ignore what's happening in the rest of the world, but we can continue growing while the rest of the world has issuespic.twitter.com/DFuK1gezX0VideoPowered by SnappyTV -
Witness Portugal's incredible shrinking deficit: https://bloom.bg/30IZIkA pic.twitter.com/FScaaPUWWT
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