Earlier this week, I explored some of the vulnerabilities this booming metropolitan area faces. Seattle has experienced one of its biggest, gaudiest economic expansions in history since the Great Recession.
But nothing lasts forever. This is an aging boom. Some distortions are appearing, such as Chinese money in real estate. Boeing is facing an order slowdown. And the times are a changing with a Trump administration and GOP-led Congress determined to chart a very different course from the past eight years — or past 80-plus years.
Check out the link above and based on what you’re seeing, what do you think?
This Week’s Links:
Most Read Stories
- Russian hackers tried to access Washington’s voting systems, officials say
- California brain surgeon faces more child sex abuse charges
- Seattle’s real Spider Man sets us straight: They’re not out to get you VIEW
- Boeing seeks quick legal fix to stop Bombardier
- We just experienced warmest and driest summer ever recorded in Seattle
• Globalization’s last gasp | Barry Eichengreen/Project Syndicate
• A skeptical look at the rigor of antitrust enforcement | Conversable Economist
• Why interest rates will likely rise faster than inflation | Mark Thoma
• A badly designed stimulus would only hurt the working class | Financial Times
• Even Trump is a Keynesian | Noah Smith
Today’s Econ Haiku:
Trump claims fake credit
Those jobs at Ford weren’t leaving
Driving us crazy