Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.Wednesday, April 14, 2010
Why Economic Forecasts Often Fail / Economics / Elliott Wave Theory
Linear thinking often utterly misses the mark in financial forecasting
Let's begin with a paradox: The one constant in our society is dramatic change. This is the main reason why projecting present conditions into the future often fails.
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Wednesday, April 14, 2010
U.S. Economy Escape Velocity, But Small Business Optimism Very Low and Headed in the Wrong Direction / Economics / Economic Recovery
If the US economy was about to reach "escape velocity" as Larry Summers says, small business optimism would not be in the gutter and sinking.
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Tuesday, April 13, 2010
Britain's Accelerating Trend Towards High Inflation and UK Debt Default Bankruptcy / Economics / UK Debt
Whilst politicians of all the major parties during the general election campaign continue to ignore the giant debt elephant in the room as the general public continue to prefer to be deluded into thinking that Britain can skip the debt crisis that faces the country as a consequence of Greecesk levels of annual deficits and foreign liabilities that have pushed Britain significantly along the path towards hyperinflation and bankruptcy (debt default to foreigners), as many of the trend projections concerning the looming debt mountain, banking and public sector's liability expectations made in November 2008 (Bankrupt Britain Trending Towards Hyper-Inflation?) have come to pass, against which NOTHING has been done or stated will be done to prevent ultimate national bankruptcy as warned of in November 2008.
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Tuesday, April 13, 2010
The U.S. Employment Outlook: Bad For Paychecks, Good For U.S. Stocks / Economics / Employment
Jon D. Markman writes: You undoubtedly know by now that the U.S. economy added 164,000 jobs in March. While that was the best number in ages, anyone who looked closely at the payrolls report issued by the U.S. Labor Department would discover that it was actually riddled with problems.
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Tuesday, April 13, 2010
IBM Abandons U.S. Workers / Economics / Employment
Here is an Email from "Voice in the Dark" about IBM and outsourcing. VID writes ...
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Tuesday, April 13, 2010
Gold, Professor Fekete And The Economic Armageddon Signal / Economics / Great Depression II
When the end comes, it will be a surprise even to those who expect it
When Professor Antal E. Fekete began lecturing on Austrian economics in Hungary in the spring of 2007, the global economy had not yet experienced the collapse which Austrian economist Ludwig von Mises had predicted over a half century before, to wit,
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Tuesday, April 13, 2010
Latvia’s Cruel Neoliberal Economic Experiment / Economics / Eastern Europe
Latvia is being devastated by two global wars. On the geopolitical front is the Cold War’s coup de grâce. Neoliberals have managed to de-industrialize Russia and the rest of the former Soviet Union, persuading parliaments to dismantle government support for economic renewal. The “Washington Consensus” has backed a policy of giving away public enterprises and land to a newly minted oligarchy of insiders, and helped them sell shares to Western investors. The ensuing economic wreckage has helped avert future military rivalry to U.S. hegemony.
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Tuesday, April 13, 2010
Yes, Virginia, There is a Legitimate Case Against Free Trade / Economics / Economic Theory
THERE IS A MYTH in wide circulation that the superiority of free trade is simply a settled question on which all serious economists agree. The flip side of this myth, of course, is that anyone who criticizes free trade must either be ignorant of economics, or the spokesman of some special interest which hopes to benefit from trade restrictions. Such critics are not only wrong, the story continues with admittedly impeccable logic, but profoundly worthy of public contempt, as they are necessarily either dumb or corrupt.Read full article... Read full article...
Tuesday, April 13, 2010
How to Manufacture an Economic Recovery / Economics / Employment
Last Friday the Bureau of Labor Statistics (BLS) announced that for the month of March, employers added 162,000 jobs. This would be fantastic news… if it were true.
Let’s have a look at these 162,000 jobs.
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Monday, April 12, 2010
Why UK Treasury Economic Models are Out of Date, and Wrong / Economics / Economic Theory
I had a superb session on Budget Day last month with Joe Nellis, Professor of Economics at Cranfield, and he gave us some of his forecasts for economy in the next few years. The forecast could be summarized as that we would recover, but slowly.
It was interesting to see later, during the budget, the Treasury forecasts and compare, and as the papers have said today, 'Expert' forecasters think Darling is a bit optimistic.
Monday, April 12, 2010
Why UK Inflation Will Increase in 2010 / Economics / Inflation
The 'expert' economists tell us that Inflation is not a risk to the UK. They say it has risen but will decline again fairly quickly and everything is under control. But it's not. Ask real people running real businesses and they will tell you there a host of reasons why inflation will increase:Read full article... Read full article...
Monday, April 12, 2010
Common Sense Beats Keynesian Sense / Economics / Economic Theory
L. Albert Hahn writes: My book, The Economics of Illusion, published in 1949, was essentially a critique of the late Lord Keynes's General Theory of Employment, Interest and Money. My conclusion was, briefly, that what is new in Keynes's work is not good, and what is good is not new.
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Monday, April 12, 2010
Bernanke the Great Inflator Says Welcome to Zimbabwe / Economics / Inflation
If you follow economic affairs at all, you know who Ben Bernanke is. He's the chairman of the Federal Reserve. He was Time's 2009 "Man of the Year." CBS News said he may be the most important Fed chairman in history when Scott Pelley interviewed him for the highly watched 60 Minutes program.
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Monday, April 12, 2010
U.S. Economy Catch-22 of a China Yuan Currency Revaluation / Economics / US Economy
The stage has been set for a play of the utmost irony, coupled to an acceleration in the decline of the fundamental U.S. economy. Members of the U.S. Congress have recently urged the Treasury Department to declare China a "currency manipulator," thus implicitly threatening China with punitive measures if it does not allow the value of its currency to rise against the dollar.
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Monday, April 12, 2010
Is the U.S. Economy Really Recovering from Recession? / Economics / Economic Recovery
Some Obama supporters are already bragging about how the 'recovery' will ensure him a second term and therefore save his statist counter-revolution. Not so fast. These people are making the same mistake that many conservative commentators have made in that they are assuming recessions to be indeed cyclical. This means any downturn is eventually reversed and that this is now the case. It also means that these people have learnt nothing from economic history, particularly the policy disasters that the Hoover/Roosevelt administrations inflicted on the country.
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Sunday, April 11, 2010
NHS Bankrupts Britain / Economics / Government Spending
The government is set to spend an estimated £677 billion this financial year on the public sector (2009-10), that is currently running an ANNUAL £167 billion deficit, i.e. the government spends £167 billion a YEAR more than it earns in revenue which is contributing to towards igniting Britains inflationary debt spiral, that risks accelerating trend towards an hyper inflationary bust leaving savers with worthless paper and the economy in ruins, i.e. bankrupt.
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Friday, April 09, 2010
Market Myths Exposed: Inflation Is Not A Threat, Deflation Is / Economics / Deflation
Our free eBook reveals the 10 most common financial misconceptions
Nico Isaac writes: Most people are confident they can recognize a myth when they hear one: Wearing a hat causes baldness; eating a bunch of carrots gives you perfect vision; 'light' cigarettes are better for your health than the regular kind.
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Friday, April 09, 2010
Greece Debt Crisis, Krugman Strikes Again / Economics / Global Debt Crisis
In a commentary two weeks ago, I rebutted dangerously silly arguments put forward by New York Times columnist Paul Krugman about how the United States should pressure China to drop its support for the U.S. dollar (click here to view). Although there is far more happening in the world outside of Mr. Krugman's brain than within it, fresh drivel from the acclaimed Nobel Prize winner compels me to turn my focus there once again.
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Friday, April 09, 2010
Deflation, Inflation, Hyperinflation, Bubbles and Gold / Economics / Liquidity Bubble
Sometimes a picture really is worth a thousand words, even if it is only to prove a point that common sense dictates should have been won a long time ago. But common sense seems to be in short supply and not only has the point not been won, it isn’t even being discussed right now. Yes, it is the age-old debate on where price inflation comes from. It is also a foregone conclusion that the US is heading towards a Weimar style hyperinflationary depression. Left to normal circumstances, that is logical conclusion. However, there are several developments that point to the possibility of another deflationary depression, similar to the 1930’s. We’ll get to that later. For starters, let’s put to bed (hopefully) once and for all where price inflation comes from.
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Friday, April 09, 2010
Economic Long Kondratieff Wave Master Interview / Economics / Cycles Analysis
David Knox Barker is one of the leading authorities on the economic long wave, otherwise known as the Kondratieff Wave (a.k.a. “K Wave”). Barker has had an impressive career both as a financial market writer and long wave analyst, as well as being an entrepreneur in the field of emerging nanotechnology. Back in the late 1980s and ‘90s, Barker was known for his insightful and accurate views on the U.S. economy and financial markets via his “K Wave Report” newsletter.Read full article... Read full article...