Note to Philip Hammond: In ALL 32 OECD countries that cut spending, economic growth was seriously damaged

Philip Hammond MP. Photo: Oli Scarff Note to Philip Hammond: In ALL 32 OECD countries that cut spending, economic growth was seriously damaged 14 Jul 2016, by Geoff Tily in Economics Since 2010, under the direction of international organisations and most economists, governments across the world have cut spending in order to restore public finances…

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Overseas investors are ditching the pricey US home market—especially ones from China — Quartz

Overseas buyers are now retreating from the US home market, thanks to slackening world economies, higher home prices, and a strong dollar. This week the National Association of Realtors released its annual report on international buying. It found that together, resident and non-resident foreigners invested $102.6 billion in the US home market between April 2015…

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