Home » Posts tagged 'gdp' (Page 3)
Tag Archives: gdp
Nobel prize-winning economics of climate change is misleading and dangerous – here’s why
Nobel prize-winning economics of climate change is misleading and dangerous – here’s why While climate scientists warn that climate change could be catastrophic, economists such as 2018 Nobel prize winner William Nordhaus assert that it will be nowhere near as damaging. In a 2018 paper published after he was awarded the prize, Nordhaus claimed that 3°C of warming would reduce global […]
False Bizarre Economy Renders GDP Useless (Part 1)
False Bizarre Economy Renders GDP Useless (Part 1) GDP Growth Is Akin To “Magic Illusion 101” We may be getting to the place where more people are beginning to realize the illusion created from printing and pouring trillions of dollar haphazardly into the economy can’t last. Today, consumer confidence hinges on what Washington decides to […]
GDP & Consumer Confidence in Crash Mode
GDP & Consumer Confidence in Crash Mode The impact of Coronavirus is far worse than most can imagine. GDP dropped 32% during the 2nd-quarter which is a new historical record surpassing every recession and the Great Depression of both the 19th and 20th centuries. The epidemiologists cannot be this stupid. The people who have died […]
Green economic growth is an article of ‘faith’ devoid of scientific evidence
Green economic growth is an article of ‘faith’ devoid of scientific evidence Crack team that advised UN Global Sustainable Development Report settle a longstanding debate with hard empirical data For years, financial institutions and governments have been focused on the idea of ‘decoupling’ GDP growth from resource use. This has been driven by the recognition […]
Fourth Turning Accelerating Towards Climax
FOURTH TURNING ACCELERATING TOWARDS CLIMAX “At some point, America’s short-term Crisis psychology will catch up to the long-term post-Unraveling fundamentals. This might result in a Great Devaluation, a severe drop in the market price of most financial and real assets. This devaluation could be a short but horrific panic, a free-falling price in a market […]
GDP Now Q2 Estimate At -34.90 Percent, So What Now?
GDP Now Q2 Estimate At -34.90 Percent, So What Now? Summary The Atlanta Fed’s GDP Now is estimating a -34.9 percent Q2 GDP print, which is 3.5x the largest quarterly decline in the post-WWII economy If realized, the 11.3 percent non annualized first-half GDP collapse in 2020 will approach the worse year of the Great Depression, […]
They’re All High on Fed Fairy Dust
They’re All High on Fed Fairy Dust Everybody realizes the US economy is in a bad spot. But most people still seem to believe it will bounce right back once we deal with the coronavirus. They’re all high on Federal Reserve fairy dust. US GDP contracted by 4.8% in the first quarter. It was the […]
The Recent History of GDP Growth, CO2 Emissions, and Climate Policy Paralysis, All in One Table-Runner
The Recent History of GDP Growth, CO2 Emissions, and Climate Policy Paralysis, All in One Table-Runner Note: I began designing this table-runner just before the COVID-19 pandemic blew up in the United States. In the time I have been embroidering it, rates of death and misery have soared while wealth generation and carbon emissions (the […]
Recession Begins: Q1 GDP Plunges 4.8%, Biggest Drop Since The Financial Crisis
Recession Begins: Q1 GDP Plunges 4.8%, Biggest Drop Since The Financial Crisis With news that the Gilead Remdesivir trial had reportedly met its primary endpoint hitting “coincidentally” just seconds before the Q1 GDP print, and with newswires initially reporting the GDP erroneously as a positive 4.8% print, it was clear that the real number would be a disaster, and […]
“The Biggest Decline Ever”: Goldman Now Sees US GDP Crashing 34% In Q2
“The Biggest Decline Ever”: Goldman Now Sees US GDP Crashing 34% In Q2 Just over a week ago, when we reported on the ongoing feud between Goldman and JPM to come up with the most terrifying GDP forecast for the US, and when we asked if a Second Great Depression has begun after Goldman’s chief economist Jan […]
China Reports Catastrophic Data: PMIs Crash To Record Low, Confirming Coronavirus Collapse
China Reports Catastrophic Data: PMIs Crash To Record Low, Confirming Coronavirus Collapse One week ago, ahead of today’s Chinese data release which would for the first time capture the devastation from the coronavirus pandemic, we wrote that “to those who have been following our series of high-frequency, daily indicators of China’s economy, it will probably not […]
No One Gets Out Of Here Alive
NO ONE GETS OUT OF HERE ALIVE “The seasons of time offer no guarantees. For modern societies, no less than for all forms of life, transformative change is discontinuous. For what seems an eternity, history goes nowhere – and then it suddenly flings us forward across some vast chaos that defies any mortal effort to […]
China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero
China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero In our ongoing attempts to glean some objective insight into what is actually happening “on the ground” in the notoriously opaque Chinese economy which has been hammered by the Coronavirus epidemic, yesterday we showed several “alternative” economic indicators such as real-time measurements of air pollution (a […]
1937
1937 We’ve talked about the year 2000 comparison (Party like it’s 1999). In 2020 markets went onto a similar structural tear just having rammed relentlessly higher. In 2000 markets famously topped in March following the Fed’s Y2K inspired liquidity injections in 1999 as markets had vastly disconnected from fundamental reality. Now that the truth is out we […]
