The global economy is diverse. Mining commodities, financial services, manufacturing, construction, and even building empty cities and bridges to nowhere. But most modern countries today are becoming more and more concentrated in what they do. Globalization has diminished the diversity, resulting in more frequent crashes that are all in sync with each other. Today, the U.S. and Canadian economies, among others, are so heavily reliant on real estate to consistently expand into eternity. Nothing bad could come of this, right?
world-economy-by-gdp-2017-7c32.png (2161×2369)
cdn.howmuch.net/articles/world-economy-by-gdp-2017-7c32.png
2018 holiday shopping: 8 retailers that must deliver promising results
www.usatoday.com/story/money/2018/11/01/2018-holiday-shopping-retail-debt-results-season/1816910002/
Billionaire Douglas Durst’s solution to national debt: Raise my taxes
www.cnbc.com/2018/10/31/billionaire-douglas-dursts-solution-to-national-debt-raise-my-taxes.html
Housing market now ‘reminds me of 2006,’ Robert Shiller says – MarketWatch
www.marketwatch.com/story/housing-market-now-reminds-me-of-2006-robert-shiller-says-2018-10-30
Companies Raise Prices, Betting Consumers Can Pay More
San Diego home sales drop to lowest level in 11 years and price also dips – The San Diego Union-Tribune
www.sandiegouniontribune.com/business/real-estate/sd-fi-home-prices-20181030-story.html
San Diego home sales drop to lowest level in 11 years and price also dips – The San Diego Union-Tribune
www.sandiegouniontribune.com/business/real-estate/sd-fi-home-prices-20181030-story.html
prime-global-cities-index-q3-2018-5931.pdf
content.knightfrank.com/research/323/documents/en/prime-global-cities-index-q3-2018-5931.pdf
HK1_0.jpg (500×301)
www.zerohedge.com/sites/default/files/inline-images/HK1_0.jpg?itok=94IXRb6q
