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Perception on recovery is false
The perception that a recovery through financial stimuli creates a multiplying effect for growth, from which the government easily can exit, is false.The common idea that almost everyone believes is that government... Volkswagen Steals Toyota's Crown as World's Largest Automaker
" The people want an empire, apparently, with that unassuming little black VW bug at the head of it. The U.K.’s Guardian explains, "Volkswagen-Porsche has overtaken Toyota to become the world's largest car ...
created by Edmund Jenks | 3 years ago | updated 3 years ago
207 views | 16 recommendations | 4 comments
207 views | 16 recommendations | 4 comments
China production and retail rise
Well here is the good news for China of who seemingly where very surprized.. " The latest economic data from China suggests that industrial production grew year on year at a level faster than expected. Retail... Earn a Bunch of Money Become a Banker
Stocks are going up, to be hit hard when people realize that the recovery is a fraud. When will that happen? This is not known. But another big wave of foreclosures could set this off."The Second Wave Begins." is... Where are the consumers?
If the consumer credit party is over, is it possible for businesses to grow, and prosper? Not now, when consumers stop consuming, the economy stop growing.If consumers don't borrow, the consumer economy won't... 305 views | 66 recommendations | 8 comments
Awards for Rewards
Rewards are given in recognition of service effort or achievement as a fair return for good or bad behaviour.When Barack Obama the Nobel Peace Prize was awarded I participated in a discussion to analyze other... 226 views | 33 recommendations | 13 comments
Recovery?
Stocks bounce. Bonds bounce. An economy that bounces following the Japanese experience, with a long, slow on-again/off-again period of depression to expecting some quarters of growth, followed by quarters of... 350 views | 29 recommendations | 6 comments
The Advantage of Gold
The unemployment rate in the US rose to 10.2% in October, which was its highest rate since April 1983, according to figures from the US Labor Department. It rose from September's figure of 9.8%. The economy lost... Deflation explained
Deflation occurs when prices are declining over time. This is the opposite of inflation; thus when the inflation rate is negative, the economy is in a deflationary period.A decline in general price levels, often... GDP Fraud
The government released GDP figures showing rosy 3.5% growth in the third quarter. But don’t be fooled: the books were cooked. This time by the cash for clunkers boondoggle, the first time homebuyers tax credit,... Magna purchase of Opel cancelled, GM shocks Germany
As part of General Motor's restructure plan, the troubled Auto Manufacturer had concluded a deal with Magna, a Canadian Company, to sell it's European assets, Opel and Vauxhall to Magna and Russia's Sherbank.... China on Course Catching Japanese Disease
Hugh Askew wrote me a message with a request to write something sensible to the story published in the Financial Time from yesterday. “China is heading for a Japan-style bubble”“If China continues to... 386 views | 23 recommendations | 12 comments
Did Obama 'save' your job?
U.S. Rep. Joe Pitts, who represents Pennsylvania's 16th Congressional District, wants to set the record straight about the latest bogus announcement by the Obama Administration that it has "created or saved" 650,000 jobs. Last week, The Associated Press reported that the... Roubini's Bad News Explained
Roy C. sent me the following message: “Roubini's bad news. Could you translate some of the harder stuff into something comprehensible?”Lets try to make it better understandable:The United States is up to its... Stimulus jobs - another Clunker?
In typical bureaucratic fashion, President Obama's economic recovery plan is showing signs of being another clunker. Government reports seem out of line with reality. The massive bureaucracy of government, once... 247 views | 34 recommendations | 8 comments
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