Politics and Religion

Willy is clueless about economic mortality indicators and BP is clueless about everything
quadseasonal 27 Reviews 402 reads
posted

Posted By: BigPapasan
Post your password to the WSJ so we can read the article, genius.
Posted By: JohnyComeAlready
Which the IMF claims growth is slower than they'd like it to be.  
   
 I also posted the article because it contained the link.
 

Willy is clueless about  economic mortality causes  and BP is clueless about everything except racist agendas.
 If common sense was their savings account there wouldn't be a plugged nickel between both of them.

   The Fed was the dominant creator of todays stock market bubble, lower unemployment,  and corporation growth.
    The rude awakening will come to Wall Street and American investors when Jellen decides to raise interest rates and the House of stacked cards fall, likely  not happening until after the next Presidential election.

 In other words, When the Fed substantially raises  interest rates, the bubble will pop, then the ignorant will blame the next  crash on Bush policies.  

  http://www.usagold.com/cpmforum/2015/04/09/global-economy-risks-long-period-of-low-growth-imfs-lagarde-warns
/Apr 9 (Wall Street Journal) —  
  "The head of the International Monetary Fund warned Thursday that the era of low interest rates risks fueling asset bubbles around the world. At the same time, she called for more central bank easing given an even bigger risk: the prospect of a long period of weak global growth.

Christine Lagarde, managing director of the International Monetary Fund, said policy makers are failing to take appropriate action to spur output, putting the global economy at risk of getting stuck in a long period of low growth.  

IMF Managing Director Christine Lagarde said the global economy risks a protracted economic slowdown as policy makers fail to take appropriate action to spur output.

“Today what we must do is avoid that [the] new mediocre becomes the ‘new reality,’” Ms. Lagarde said in a speech to the Atlantic Council ahead of next week’s semiannual meetings of the IMF and World Bank. “All policy space and levers must be utilized,” she said.

While global growth is running at roughly the average of the last three decades, Ms. Lagarde said that isn’t enough to surmount stubbornly high jobless rates, hefty debt burdens and stagnating growth in several of the world’s largest economies.

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But we get the idea

and no, some of us don't expect any type of good news

The highest GDP growth rate the USA ever had for a single decade was in the 60's, and that was 4.4%. In the 50's it was 4.1%. Those kind of growth rates is what transformed the USA from the largely agricultural economy it was back in the depression to a modern 1st world nation. And here are the GDP growth rates we've had for the last several years. Notice that since the 2nd quarter of 2010, we've had a very healthy GDP growth rate between the 3%-4%. This hardly qualifies as stagnant.

http://www.multpl.com/us-gdp-growth-rate/table/by-quarter

Do we have an all time jobless rate? Nope. Unemployement is down to 5.5%, about the same rate as we had at the peak of the housing boom.

http://data.bls.gov/timeseries/LNS14000000

Which the IMF claims growth is slower than they'd like it to be.  

I also posted the articel because it contained the link.

Posted By: BigPapasan
Post your password to the WSJ so we can read the article, genius.
Posted By: JohnyComeAlready
Which the IMF claims growth is slower than they'd like it to be.  
   
 I also posted the article because it contained the link.
 

Willy is clueless about  economic mortality causes  and BP is clueless about everything except racist agendas.
 If common sense was their savings account there wouldn't be a plugged nickel between both of them.

   The Fed was the dominant creator of todays stock market bubble, lower unemployment,  and corporation growth.
    The rude awakening will come to Wall Street and American investors when Jellen decides to raise interest rates and the House of stacked cards fall, likely  not happening until after the next Presidential election.

 In other words, When the Fed substantially raises  interest rates, the bubble will pop, then the ignorant will blame the next  crash on Bush policies.  

  http://www.usagold.com/cpmforum/2015/04/09/global-economy-risks-long-period-of-low-growth-imfs-lagarde-warns
/Apr 9 (Wall Street Journal) —  
  "The head of the International Monetary Fund warned Thursday that the era of low interest rates risks fueling asset bubbles around the world. At the same time, she called for more central bank easing given an even bigger risk: the prospect of a long period of weak global growth.

Christine Lagarde, managing director of the International Monetary Fund, said policy makers are failing to take appropriate action to spur output, putting the global economy at risk of getting stuck in a long period of low growth.  

IMF Managing Director Christine Lagarde said the global economy risks a protracted economic slowdown as policy makers fail to take appropriate action to spur output.

“Today what we must do is avoid that [the] new mediocre becomes the ‘new reality,’” Ms. Lagarde said in a speech to the Atlantic Council ahead of next week’s semiannual meetings of the IMF and World Bank. “All policy space and levers must be utilized,” she said.

While global growth is running at roughly the average of the last three decades, Ms. Lagarde said that isn’t enough to surmount stubbornly high jobless rates, hefty debt burdens and stagnating growth in several of the world’s largest economies.

I was repeating what the IMF had said. I see you were also able to do a search of IMF news for 4/9/2015 just like anyone else who may have been interested in the article.

Wing nuts cannot absorb facts. They must live in their imaginary world.

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