Tag: Gross Domestic Product

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The Dire, Unintended Consequences of Trump’s MAGA War on China
World
The Dire, Unintended Consequences of Trump’s MAGA War on China
February 18, 2019

Whatever one’s attitude towards globalization – good or bad – America’s way of waging its MAGA war on China likely will have unintended sequelae that may well lead to some last century style pain and disruption.

US May Enter Recession as Soon as This Quarter Due to Extended Shutdown
January 16, 2019

The good news for the Trump administration is that while the US economy may slide into contraction this quarter, should the shutdown persist indefinitely, there will be nobody to report that GDP is now negative.

US May Enter Recession as Soon as This Quarter Due to Extended Shutdown
Editor's Сhoice
Wasting the Lehman Crisis: What Was Not Saved Was the Economy
Editor's Сhoice
Wasting the Lehman Crisis: What Was Not Saved Was the Economy
September 21, 2018

The key financial principle is that this self-expansion of interest-bearing debt grows to absorb more and more of the economic surplus.

It’s The Trump Slump – But Don’t Blame The Donald!
April 8, 2018

The are few snarkier defenders of the current rotten financial status quo than Ben White of Politico's Money Morning. So it's not surprising that he is out this AM with the latest Trumb-o-phobe meme from Swamp Dweller's Central.

It’s The Trump Slump – But Don’t Blame The Donald!
Editor's Сhoice
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Washington’s Bloated Big Engine That Can’t – Why the Shutdown Threat Matters
Editor's Сhoice
Washington’s Bloated Big Engine That Can’t – Why the Shutdown Threat Matters
January 22, 2018

We have been here before—-in the blow-off stage of a stock market mania that is being driven by nothing more than momentum. Speculators and robo-machines alike are buying the market solely because it is going up (almost) every day.

The Real Bleep-Hole Moment – $40 Trillion And Counting
January 14, 2018

What the GOP immigrant bashers fail to recall is that America was not based on a tribe, a folk, a people or a nation. It was a melting pot of diverse peoples who came here seeking the freedom to go their own way as guaranteed by the constitution and to pursue the opportunity to prosper as offered by free market capitalism. And it worked without any borders at all.

The Real Bleep-Hole Moment – $40 Trillion And Counting
Editor's Сhoice
Why GDP Is Fake
World
Why GDP Is Fake
October 26, 2017

Deceit regarding GDP is routine, just as such a fake ‘misuse’ of “GDP” is routine. (It’s really no “misuse” of the term, at all.) GDP is designed to be a misleading basis for ranking the economic performance of countries; it’s used for the purpose it’s intended for, because the purpose it’s intended for is to deceive the public in this very way — to ignore debt — and, so, that’s the way it’s used.

St. Petersburg Economic Forum: What Made it Stand Out This Year?
June 6, 2017

The St. Petersburg International Economic Forum (SPIEF) wrapped up last week. The event is held regularly since 1997. It is often described as Russia's version of the Davos forum in Switzerland. The SPIEF has become a leading platform for addressing burning economic problems and discussing prospects for future.

St. Petersburg Economic Forum: What Made it Stand Out This Year?
World
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