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Tag Archives: statistics
Economic Disinformation Keeps Financial Markets Up
Economic Disinformation Keeps Financial Markets Up Today’s payroll jobs report is more of the same. The Bureau of Labor Statistics claims that 223,000 new jobs were created in April. Let’s accept the claim and see where the jobs are. Specialty trade contractors are credited with 41,000 jobs equally split between residential and nonresidential. I believe […]
US Economic Output – “Ugly, but Fleeting”?
US Economic Output – “Ugly, but Fleeting”? On the Uselessness of Aggregate Economic Statistics We actually hate talking about GDP. It mainly measures consumption and leaves out the bulk of the economy’s production structure – which has led to the completely erroneous, but often repeated notion that “the consumer represents 70% of economic activity”. In […]
16 Signs That The Economy Has Stalled Out And The Next Economic Downturn Is Here
16 Signs That The Economy Has Stalled Out And The Next Economic Downturn Is Here If U.S. economic growth falls any lower, we are officially going to be in recession territory. On Wednesday, we learned that U.S. GDP grew at a 0.2 percent annual rate in the first quarter of 2015. That was much lower […]
There’s Trouble Brewing In Middle Earth
There’s Trouble Brewing In Middle Earth For the second time in three years, I’m fortunate enough to spend some time in New Zealand (or Aotearoa). In 2012, it was all mostly a pretty crazy touring schedule, but this time is a bit quieter. Still get to meet tons of people though, in between the relentless […]
U.S. Oil Glut Story Grossly Exaggerated
U.S. Oil Glut Story Grossly Exaggerated Recently, I have noticed that oil storage & production data (and media hype for that matter) has disconnected from hard data. This has been occurring for many quarters now with the US economy statistics as well and appears to be the new world order where facts can be spun […]
10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis
10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis If you believe that ignorance is bliss, you might not want to read this article. I am going to dispel the notion that there has been any sort of “economic recovery”, and I am going to show that we […]
OVERdevelopment, OVERpopulation, OVERshoot
OVERdevelopment, OVERpopulation, OVERshoot William Ryerson’s introduction to the new book OVERdevelopment, OVERpopulation, OVERshoot. MOST CONVERSATIONS ABOUT POPULATION begin with statistics—demographic data, fertility rates in this or that region, the latest reports on malnutrition, deforestation, biodiversity loss, climate change, and so on. Such data, while useful, fails to generate mass concern about the fundamental issue affecting the future […]
Economy Finally Reaches “Escape Velocity,” Heads South
Economy Finally Reaches “Escape Velocity,” Heads South It’s hard to measure the growth rate of a vast, complex economy with just one number, accurately, and on a timely basis. The Chinese found an ingenious solution. They decree the growth rate and announce it in advance, and that’s about what the number says when it comes out. It’s faster […]
The Prosthetic Imagination
The Prosthetic Imagination Two news stories and an op-ed piece in the media in recent days provide a useful introduction to the theme of this week’s post here onThe Archdruid Report. The first news story followed the official announcement that the official unemployment rate here in the United States dropped to 5.5% last month. This […]
truthinesslessness
truthinesslessness Nothing is stable, nothing is straightforward, everything is fixed, and nothing is fixed. O nation of busboys and WalMart greeters, awake and sing! Can an empire founder on sheer credulousness? After last Friday’s jobs report, I think so. For a culture that luxuriates in statistical analysis (and the false idea that if you measure […]
Republicans To Investigate NASA Over Climate Data Tampering
Republicans To Investigate NASA Over Climate Data Tampering With record heat (and drought) in the west and record cold (wet and snow) in the east, the global warming game-playing continues every day but the climate-gate rhetoric has increased vociferously since we first noted three weeks ago, the data that has been so relied upon to ‘prove’ global […]
Our House of Cards
Our House of Cards As John Williams (shadowstats.com) has observed, the payroll jobs reports no longer make any logical or statistical sense. Ask yourself, do you believe that retailers responded to the very disappointing Christmas season by rushing out in January to hire 46,000 more retail clerks? Perhaps those 46,000 retail jobs is the BLS […]
Don’t Believe The Headlines: Canada’s Latest Job Numbers Don’t Look Good
Don’t Believe The Headlines: Canada’s Latest Job Numbers Don’t Look Good After two months of shrinking job numbers, it looked like Canada had broken the streak with this morning’s StasCan report showing an increase of 35,400 jobs, and a decrease in the jobless rate to 6.6 per cent, from 6.7 per cent. But that is […]
The Grand Manipulation
The Grand Manipulation Gerald Celente, editor of the Trends Journal, a subscription-based publication for which I write, has permitted King World News to republish my most recent article from the Trends Journal. This makes the article available to you from a free site. In place of me writing yet another expose of the non-existent jobs reported today […]
50 Numbers From 2014 That Sound Fake But That Are Actually Real
50 Numbers From 2014 That Sound Fake But That Are Actually Real. 2014 was quite a bizarre year, wasn’t it? The past 12 months brought us MH370, Ebola, civil war in Ukraine, civil unrest in Ferguson, the rise of ISIS and the fall of the Democrats in the midterm elections. Our world is becoming crazier […]
