good, bad and ugly scenarios for the global economy - part 1 (good and bad)

the first part of my double video outlining possible good, bad and ugly scenarios for the global economy, as of March 2009

Category:

Education

Tags:

• economics
• global
• economy
• depression
• recession
• deflation
• crisis
• protectionism
• demand
• supply
• price
• management
• unemployment
• recovery
• business

[DiScUrNmEnT]

Thank You. For the first time in my life i understand economics in depth. You should be on CNN.

[BeerMan5000]

I love this guy.

[migkillertwo]

So far it's looking a little bit better than "bad", but I doubt that we will get to the "ugly" scenario. Even if we get fiscal tightwads in 2012, I'm confident in the marketplace to reduce real wages to market clearing levels to make up for the 2008-2010 deflation before governments collapse.

[Ollie900Japan]

Well, now we're here, the 'bad' scenario with parts of the 'ugly' scenario is what we've seen. Quite a few spot on predictions.

[AHamzahH]

@DiScUrNmEnT CNN?! Why waste his talent on that garbage Paj should run the world! Vote for President/Prime Minister/ Supreme Leader Phil at your next general election!

[NarayanLeena]

freaking good!!!!!!!!!!!!!!!!!!

[ichariley]

What is a toxic asset? :(

[jstuart2003]

@Marine475 Capital doesn't seem to be the problem at the moment. The economy has no concerns over supply-side matters, it is currently most concerned with demand deficiency.

[Marine475]

So people start to consume again- where will the stuff come from? and since gov will take all the money from market to stimulate consumption where will businesses find capital to actually make the consumed stuff? Not that anybody will make anything, all that stuff comes from china anyway it's only packed and sold in EU and US. So after we ate all the stuff bought for borrowed money who will pay the bill?

[TheWBarry]

You are obviously from the USA. - but I like your way of thinking.. let the crap companies die, thus, gives room for new companies.

[TheWBarry]

What would happen if people just STOPPED using banks?

What would happen to our economy?

[sinister60804]

In my point of view, our regulatory system is creating more and more new regulation, hurting small business, we are heading in to a new type of oligopoly econonomic system, were only the big rules and survive, there are no free markets, thanks to our democrats, Capitalism is the only way of a free economic and political state, let the bad companies fail, that allways brings new and better companies.