Posts Tagged ‘ Housing Starts ’

Water Infrastructure

Mar 18th, 2008 | By | Category: Emerging Markets
AFTER WORLD WAR II, THERE WAS a worldwide shortage of metal. What metal there was first went toward rebuilding industrial capacity. The big firms used it to refit or rebuild their factories. Water pipes were not high on the priority list. Before the war, water pipes were usually over-engineered. That is, ...read more


Musical Chairs

Jun 28th, 2006 | By | Category: Macro Economics
I WAS RECENTLY asked if I saw anything whatsoever that suggested lenders are at all tightening in the face of declining collateral and rising debt service pressures on their customers. The answer to that question is a resounding no. In fact, the latest data show the opposite: Credit standards are still ...read more