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2 votes

Did any other country than China buy real estate as a buyer of last resort?

Earlier this year, the government of Iceland founded a company named Þórkatla whose purpose is to buy off (any residential) properties in Grindavík, a town at great peril due to ongoing seismic ...
Jirka Hanika's user avatar
3 votes

Did any other country than China buy real estate as a buyer of last resort?

While not quite the same thing, my State govt will buy out property in locations suffering frequent flooding or that have been rendered unsafe by landslides; demolishing the structures and turning the ...
Dan Is Fiddling By Firelight's user avatar
6 votes
Accepted

Did any other country than China buy real estate as a buyer of last resort?

In Spain, as a response to the 2008 real estate crisis, the Sareb was setup. It was a bank funded by government bonds. It did not directly acquire real state, but risky loans made from other banks. ...
SJuan76's user avatar
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-1 votes

Is there a reason why North Korea won't make public any data about its economy to the broader world?

That is pretty normal. Most basic economical data was unavailable everywhere in the communism, except a narrow circle of experts connected closely to the system. They are just continuing this ...
Gray Sheep's user avatar
  • 2,139
-2 votes

Have any capitalist libertarians asked if the free market destroys itself (due to the efficiency of organised crime)?

Does the efficiency of the free market, with criminal enterprise operating internationally, undermine the state's ability to enforce the rule of law? Thus, leading to the disintegration of the ...
Gabriel Vaz's user avatar
10 votes
Accepted

Is there a reason why North Korea won't make public any data about its economy to the broader world?

North Korea is for all intents and purposes a personality cult. It has a vested interest in presenting itself (and its leader) as successful and superior, and will not allow the dissemination of any ...
Ted Wrigley's user avatar
  • 71.6k
5 votes

Does any developed country other than the UK include illegal activities in its GDP calculations?

Well, economists do sometimes, e.g. for the US: By category, illegal drugs add $111 billion to measured nominal GDP in 2017, illegal prostitution adds $10 billion, illegal gambling adds $4 billion, ...
got trolled too much this week's user avatar
8 votes
Accepted

Does any developed country other than the UK include illegal activities in its GDP calculations?

Yes, since 2014 (pdf), consistently with the 2010 European System of National and Regional Accounts (ESA 2010), all European Union countries are required to include prostitution (whether legal or not) ...
Evargalo's user avatar
  • 7,065

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