Anyone can change the GDP
Anyone can change the GDP "FORMULA" at anytime to make it what they want...
View Articlethis GDP growth is too
this GDP growth is too hot...this GDP growth is too cold...but this GDP growth is just rightyours, Ben
View ArticlePosted this in another thread
Posted this in another thread but thought it worth repeating:Moody's shoots down bank-backed Muni...
View ArticleForecasting serves no
Forecasting serves no purpose other than to provide an arbitrary buttress for some other decision.
View ArticleThe Goldilocks reference also
The Goldilocks reference also works due to their fondness for encouraging the eating of somebody elses porridge.Except here Goldilocks has a really looooong spoon, and you have your bowl over there,...
View ArticleAnyone who believes the
Anyone who believes the markets and the economy have anything to do with each other are completely deluded.
View ArticleThe GDP growth figures are
The GDP growth figures are horseshit, they use a deflator that reduces growth by next to nothing because as we all know there is NO inflation in the economy. Unless you eat, drive, carry insurance, go...
View ArticleSo do they suffocate us with
So do they suffocate us with debt and kill inflation that way or just go the "good old fashioned hard money in the keister" route?
View Article"....The Fed has been slowly
"....The Fed has been slowly guiding economic forecasts lower since 2011. The reality is that 2.6% economic growth is not a boon of economic prosperity, corporate profitability, ..."corporate...
View ArticleTake out Gov't transfer
Take out Gov't transfer payments, imperialistic financial activity and killing machines what do you have left?The concept of productivity needs to be re-introduced to the western world before parasites...
View ArticleOh Joy!!!! Certainty.
Oh Joy!!!!Certainty. Finally.Too bad I don't feel any betterGoing to rush right out and buy the building across the street at its 2007 price ... NOTFYB
View Articleslewie can practically feel
slewie can practically feel the checks clearing thothe FED is learning to like deflation, imodeflation is the deus ex machina thus spake slewieenjoy the day and don't forget: everything sucks! L0L!!!
View ArticleThe single best indicator of
The single best indicator of future job growth is the current year over year corporate profit growth. The correlation is .91.For jobs to be added during the following 12 months, year over year profits...
View ArticleYup ... Government transfer
Yup ... Government transfer payments at work.Geez ... A heck of a job ... saved again.TGIF ... or I might actually start saying what I think about all this crap
View ArticleEJ should downgrade
EJ should downgrade the fed, even if it's only for being self-serving and incompetent!
View ArticleThe Fed has no bullets left.
The Fed has no bullets left. Check out the chart of money velocity.http://confoundedinterest.wordpress.com/2012/06/20/will-bernanke-twist-again-like-he-did-last-fall-the-evidence/
View ArticleWell at least they are
Well at least they are getting the current year's "projection" correct in the last quarter of the year.......still waiting on the magic burst up to 3.5% though, hmmmm
View ArticleYOU MEAN TO SAY THE FED
YOU MEAN TO SAY THE FED STATEMENTS ARE TOTAL B.S?!? SAY IT ISN'T SO!!!!
View Article"We have been stating
"We have been stating repeatedly over the last 2 years that we are in for a low growth economy due to the debt deleveraging, deficits and continued fiscal and monetary policies that are retardants for...
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