Thursday , 28 March 2024

Economic Overviews

World Economy & Market Forecast: More Sunshine & Less Stormy Weather Ahead (+2K Views)

It seems clear that there are a number of investors who have gained confidence in the global economy and are seeking to capture the growth opportunities taking place around the world. With the European crisis comfortably in the rear view mirror and global central banks taking the position that they will continue their easing policies, investors have taken their foot off the brake and have begun to accelerate....We see more sunshine and less stormy weather ahead [and explain why that is the case in this article]. Words: 695; Charts: 3

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Now You, Too, Can Predict When China Will Overtake America Using This Cool Interactive Tool

America's GDP is still roughly twice as big as China's (using market exchange rates). To predict when the gap might be closed, The Economist has updated its interactive chart below with the latest GDP numbers. This allows you to plug in your own assumptions about real GDP growth in China and America, inflation rates and the yuan's exchange rate against the dollar. [Plugging in our assumptive] numbers China will overtake America in 2018. [Share your prediction in the "Comments" section at the bottom of the page.]

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Nouriel Roubini: 5 Downside Risks to Global Economy Are Gathering Force

...[F]iscal austerity will envelop most advanced economies this year, rather than just the eurozone periphery and the United Kingdom. Indeed, austerity is spreading to the core of the eurozone, the United States, and other advanced economies (with the exception of Japan). Given synchronized fiscal retrenchment in most advanced economies, another year of mediocre growth could give way to outright contraction in some countries. Words: 780

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Will We See Real Economic Growth or a Real Decline in World Stock Markets? That is the Trillion Dollar Question

Without economic growth, and real economic growth at that, there can be no meaningful long-term economic recovery in the developed countries. Growth or lack thereof will have to be reflected in the financial markets over time. Currently, I continue to see a disconnect between where the financial markets are pricing things, and where I think they ought to be pricing things. Words: 784

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Gold & Silver Are the Achilles Heel of the Largest Ponzi Scheme – Ever! Here’s Why (+2K Views)

We are in a trench warfare with central bankers, hellbent on destroying capitalism, sovereign nations, currencies, all in the service of achieving world dominance, via deception, letting nothing and no one stand in the way. The importance of gold and, to a lesser extent, silver are the Achilles Heel of the Bilderberg Clan’s largest Ponzi scheme ever. Whatever one may think of the Mafia, they are bit players in contrast to the central banking clan, the most ruthless collection of individuals ever assembled. The Bilderbergers do not break legs or use baseball bats against their intended victims. No, they are far more sinister and lethal. They use money, instead. That’s it?! That’s all you got?! Yep. That's all they need. [Let me explain.] Words: 960

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What Recovery? Contradictions Between Reality & Political Claims Are Everywhere! (+2K Views)

There is no recovery, regardless of what the elite and their minions in the media want you to believe. The economy is sick. It was made so by the malpractice of government and will become even weaker as government continues to administer the poison that got us to this point. The political class’s version of remedy is akin to the medical profession’s practice of bloodletting. Neither does any good and both, carried to extreme, are fatal. [Let me explain more fully.] Words: 548

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U.S. Economy Depends on Who Wins This Battle

Politicians foolishly believe they can bend the laws of nature. They are fools for trying. Sadly, the pain and suffering that will be incurred will be borne by the millions of citizens dependent on markets and the economy. The economy cannot recover without a complete cleansing of the excesses that have built up over the last half century plus. [This article spells out why that is the case.] Words: 710

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“My Fellow Frantic Americans”: What Obama Might Have Said In His Inauguration Address:)

[Mr. Speaker, Mr. Vice President, Members of Congress, distinguished guests, and fellow Americans] I would like to [take this opportunity to] inform you about the state of the union. Before I begin, however, I would ask that [the millions of Americans listening to me on T.V., on the internet and on the radio] take a moment to make sure the elderly, weak or infirm in your household are sitting down. In fact, just make sure everyone is sitting down and adequately restrained [because] what I'm going to tell you is the cold, hard, ugly truth... The state of your union is worse than it has been since 1861, and it's only going to get worse... much worse. Let me break down the situation for you in the simplest terms possible. Words: 1689

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