Marketplace (August 31)
“After more than half a century in which the United States boasted a near-lock on being the world’s leading exporter of corn, the distinction has shifted to Brazil…. The reordering of the corn hierarchy follows a similar erosion of U.S. dominance in exports of other staple commodities, like wheat and soybeans, over the last decade or so.”
Tags: Brazil, Corn, Dominance, Erosion, Exporter, Exports, Hierarchy, Reordering, Soybeans, Staple commodities, U.S., Wheat, World’s leading
Bloomberg (March 13)
“Whatever happens on March 29—a no-deal Brexit, a delay to the departure or some kind of agreement—the U.K. faces a slow but steady erosion to its position as the European center of looking after other people’s money….. However Brexit plays out, the U.K. fund management industry will be a long-term loser from the fallout.”
Euromoney (March 24)
“The UK economy seems at last to be suffering from the erosion of purchasing power by sterling-induced inflation. All of this smacks of stagflation, a constitutional crisis and rising political risk. UK gilts will suffer.”
Tags: Constitutional crisis, Economy, Erosion, Gilts, Inflation, Political risk, Purchasing power, Stagflation, Sterling, Suffering, U.K.
Boston Globe (May 10)
The U.S. is shrinking. “Just since 2000, the estimated area of the 50 states has declined by about 5,500 square miles, more than the size of Connecticut.” Since 1940, the U.S. has generally been shrinking. Coastal erosion, hurricanes, rising sea levels and improved mapping are to blame. Perhaps this bad news is good news for U.S. property owners. Could the decrease in supply help raise property values?The U.S. is shrinking. “Just since 2000, the estimated area of the 50 states has declined by about 5,500 square miles, more than the size of Connecticut.” Since 1940, the U.S. has generally been shrinking. Coastal erosion, hurricanes, rising sea levels and improved mapping are to blame. Perhaps this bad news is good news for U.S. property owners. Could the decrease in supply help raise property values?
Tags: Erosion, Hurricanes, Rising sea levels, U.S.
