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 Business Stories
- Washington state no longer has the nation’s fastest-climbing home prices
- Google expanding again in Seattle, with new tower next to Amazon
- Trump’s trade spat is rattling China’s leaders and economy
- Boeing's monthly 737 deliveries tumble to lowest since 2012 on factory jam
- We're seeing the biggest threats to the economic expansion in years | Jon Talton
• 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