The New Economic Indicators

The Gallup World Poll showcases data which Alan Greenspan says might revolutionize economic forecasting.

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News & Politics

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• greenspan
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• India
• China
• happiness
• well-being
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• economy
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• gallup
• world
• poll

[Danicokel]

The revision of the interest rate is another dog and pony show to delude the common wage laborer into thinking the economy is fine, into spending what he should save and at the same time devaluing his purchasing power so he buys at a premium. All this so a few assholes who learned at Princeton how to make home owner loans into Ponzi scheme hedge funds get away with robbing the poor to give to the rich.

[bigmac2005]

soon they will want to find out our psychological profile, and put chips in our brains to read our fucking minds and predict our purchases.

we are not lab rats

enough of the control !

[MrBigEnchilada]

manipulating interest rates isn't going to help us get out of anyyy recession/depression. Of course, this applies to inflationary times as well.

Supply side economics say you should make it more cheaper and cost efficient for companies to produce. Demand side economics say you should make it more affordable for consumers to buy.

just support which ever one you think will work...

[UnitedPebbles]

SO which indicators have the most weight? What is your equation and the result that you are looking for? I don't get it...certainly these indicators are really for consumer confidence? firm decision on future output and input?

I am reading this Baumohl person book on economic indicators. Seem like craps to me. If you follow it then the indicators may become real?

On a market decision, high unemployment mean competitive wage, I will hire if you can afford high overhead.

[Txsray]

Only an idiot would trust anything Greenspan says.

His forecasts are the opposite of the truth.

[zidane410]

ha "Alan Greenspan might be on to something". he is one of the smartest people in this country when it comes to economics. of course he is on to something.

[drumknuckle]

...man, i just came across this post i made a year ago. Sorry i jumped out and called you an asshole. Isn't it funny that all these economic so-called "conspiracies" have come true? Here a year ago they said our economy is great and now 1 year later the world economy is in ruins and the US is in a depression. This stuff doesn't happen that quick. It takes years to bring down an economy. All this shit is orchestrated from the top down.

[GoBogi]

Look what happened when people developed alot of fear in the markets. They took all their money out and the economy went to crap. These are the types of patterns he is talking about. When people are fearful, they don't invest and instead trade in their assets for dollars. When this happens, the economy goes BAD. Economy depends on people's confidence in the markets, and willingness to invest in said markets. When they don't, the economy suffers quite a bit as a result of this. L2 Economics

[BaresarkNinja]

He is absolutely right. And the fact that the dollar is inflated at all is proof of the FED's meddling and purposeful printing of new money with absolutely no backing, does so much damage to the entire world economy. The founding fathers new the danger of paper money, and no one today seems to understand. Allowing the money control legislations to pass hurts everyone.

[BaresarkNinja]

This is BS. Just another way for the government to throw money away and try to give a reason for the FED. The economy would be fantastic if they wouldn't stifle the economy with their almost pointless legislation.

[YTvb]

Makes sense...

[7Hook]

I am not a professional, but I think this has potential for a good comedy bit.