OT: The Economist is totally clueless about the coming economic boom
steve229
"THE world economy is not in good shape. The news from America and Britain has been reasonably positive, but Japan’s economy is struggling and China’s growth is now slower than at any time since 2009. Unpredictable dangers abound, particularly from the Ebola epidemic, which has killed thousands in West Africa and jangled nerves far beyond."
http://www.economist.com/news/leaders/21…
More doom and gloom, without even a hint of the advent of The Greatest Economic Boom in the History of the World. And this British rag has the nerve to call itself "The Economist." Sheesh!
At least they got the Ebola pandemic right...
http://www.economist.com/news/leaders/21…
More doom and gloom, without even a hint of the advent of The Greatest Economic Boom in the History of the World. And this British rag has the nerve to call itself "The Economist." Sheesh!
At least they got the Ebola pandemic right...
60 comments
How's following headlines from the Economist worked out for you forecast world economic growth, stevie-girl? Think you better work on simple econ 101 stuff like supply and demand graphs, stevie-girl before you venture into domains way over your head. Or just stick to song lyric quoting. :-)
I'd rather get the economy kicking in high speed boosting global demand and boosting our GDP so much that deficits drop dramatically and the Fed needs to raise rates. Actually if what I mentioned happened, rate increases could be delayed if our government cut spending by reducing or eliminating some government departments. We'd suddenly have a budget surplus and then would need to talk about retiring the debt or reducing taxes.
Boom times are ahead. For the survivors.
How the hell do you have the time to read The Economist, steve229?
That's how fragile things are
The S&P
The Shanghai Composite
The Nikkei
The US Dollar
The German DAX
US Biotechs
Too bad stevie-girl missed this one by never reading passed EXSUMS but non-impartial sources. You'd think a guy who lives in DC would have a better idea of how the media operates. Guest he was too busy tuned into song lyrics and celebrity gossip to notice, though.
As one who never in a million years imagined that every home would ever want or need a PC, nor that everyone on the planet would want or need a smartphone and spend all day on Facebook, I'm the last one to discuss stuff like this....
But I will...
Do you really think that when driverless vehicles become available that people will run out to buy one, even if they already have a regular car? I mean, the only way it would become a new market with huge increases in revenues for the auto manufacturers would be if people buy MORE cars, just because they're autonomous.
But if people just replace their existing with autonomous as their normal cycle of replacing their old cars, why would that be a huge game changer. Sure, if specialized autonomous vehicle manufacturers enter the market they will benefit, but how is it a game changer for the auto industry as a whole?
" Oh, and stating something in a dismissively sarcastic way doesn't make it inaccurate, but rather just serves as a disingenuous tool for people too stupid, ignorant and/or lazy to tackle a position on its merits. "
Lol! It's okay if his side does something, but not okay for the other side too.
Great logic, RickyBoy. Really great logic.
Really great call there, stevie-girl. Really great call.
Really good call, stevie-girl. Really good call.
LOL!