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"We are in the tank forever. As a country we are out of control, we're in a death spiral."
"We're in terrible shape. That's what the fundamentals tell me. I can't explain the stock market."
Sudden Production output (Major Total Wars)
So many people in the US talk buy American, but it doesn't look like Americans can consume their way out of this on their own. They have to rely on international relations and an international market.
Originally posted by KSPigpen
You've been a consistent source of economic indicators and I appreciate it. I may not LIKE it, but I appreciate it. Keep it up Ten!
Kondratiev waves—also called Supercycles, surges, long waves or K-waves—are described as regular, sinusoidal-like cycles in the modern (capitalist) world economy. Averaging fifty and ranging from approximately forty to sixty years in length, the cycles consist of alternating periods between high sectoral growth and periods of relatively slow growth.
The basic point is that the recession of 2001 wasn't a typical postwar slump, brought on when an inflation-fighting Fed raises interest rates and easily ended by a snapback in housing and consumer spending when the Fed brings rates back down again. This was a prewar-style recession, a morning after brought on by irrational exuberance. To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble.
Originally posted by ravenshadow13
Reply to post by Rockpuck
In your opinion how long would it take before unemployment rates are such that we fall in the "bottom out" category? I find that very interesting to think about so I'm just being curious.
Posted Via ATS Mobile: m.abovetopsecret.com
Given the global nature of business, I am wondering if something other than war could help pull you out/raise demand for production; that is, demand from other countries where the economy has already begun to expand?
The US Consumes and Imports, we do not Produce and Export