World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Indonesia's Commodity Boom Is a Mixed Bag
Keywords:
Indonesia's commodities boom for coal, natural gas and palm oil is not benefitting the majority of the 230 million people in Indonesia's countryside, as India, China and other countries import large quantities of the commodities, especially coal for energy hungry India and China. Even with tariffs on export of palm oil these countries can absorb the added costs from exporters in Indonesia. This means higher food and cooking oil prices in a largely rural country.
Economic and sales forecasts in the boom years before the 2008 financial crisis, and well into the downturn, that lost objectivity and analytical focus.
07/14/2005
How objectivity and analytical focus was lost as company and association management in the housing, auto and other industries, and their economists tried to believe and maintain the status quo. A similiar situation at the US central bank, the IMF, and other locations. The tendency to be upbeat and ignore emerging danger signs requiring a more realistic assessment. And the frequent revisions as a result of this.
Grouped Articles
Miami Condo Colossus Is Monument to Excess
New York Times 03/11/2009
Foreclosed Houses Haunt Home Builders
Wall Street Journal 03/11/2009
Australia Suggests End of Home Boom Needn't Be Dire
Wall Street Journal 07/14/2005
As Data Point to Slowdown, Housing Market May Land Harder Than Economists Predict
Wall Street Journal 08/07/2006
BusinessWeek 03/19/2007
In a Sea of Optimism, Why Some Forecasters Warn of Recession
Wall Street Journal 06/25/2007
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us