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
- 2017 NFL draft: Live Seahawks updates from the final day, rounds 4-7
- Starbucks' Dragon Frappuccino is new 'secret' drink craze
- First reaction: Seahawks select 6 players in second and third rounds of NFL Draft
- Seahawks trade with Falcons, 49ers to move out of first round of 2017 NFL Draft, now have 10 picks WATCH
- Woman stabbed to death in Ballard
• 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