Bitcoin Forum

Economy => Economics => Topic started by: xht on March 17, 2016, 06:49:21 AM



Title: Who Gets the Blame for the Slowing Economy?
Post by: xht on March 17, 2016, 06:49:21 AM
ECONOMIC alarm bells are ringing: Financial markets have wilted. Forecasters have been slicing their projections for future growth. And some leading wise men — including the megabillionaire George Soros — are predicting a return to disastrous 2008 conditions. That’s almost certainly an overly pessimistic view. But without a doubt, the leading global economies are in a major slowdown.

Not evident is whether another recession looms. While current data suggests that modest growth continues in the United States, economists are notoriously bad at forecasting downturns. As The Economist noted, between 1999 and 2014, the International Monetary Fund, in its April forecasts, failed to predict every one of the 220 instances in which one of its members suffered negative annual growth in the next year. Even the Federal Reserve uncharacteristically recently described the outlook as “unclear.”

http://www.nytimes.com/2016/03/10/opinion/who-gets-the-blame-for-the-slowing-economy.html?ref=economy


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: Kakmakr on March 17, 2016, 07:08:44 AM
It is not that they cannot predict these things but rather decide to ignore it because of political pressure. The Federal Reserve manipulates the fiat currencies to stimulate economic growth and to hide bad news from people, until the bubble bursts. They then blame everyone else, other than themselves for the crisis that follows. I would not trust these people to predict what breakfast I will be eating next week. Use your common sense and look at the statistics and zero interest rates doing the rounds in many countries now, to make your own predictions and start hedging your funds to safe guard your investments. It's coming soon. 


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: botany on March 17, 2016, 04:34:45 PM
ECONOMIC alarm bells are ringing: Financial markets have wilted. Forecasters have been slicing their projections for future growth. And some leading wise men — including the megabillionaire George Soros — are predicting a return to disastrous 2008 conditions. That’s almost certainly an overly pessimistic view. But without a doubt, the leading global economies are in a major slowdown.

Not evident is whether another recession looms. While current data suggests that modest growth continues in the United States, economists are notoriously bad at forecasting downturns. As The Economist noted, between 1999 and 2014, the International Monetary Fund, in its April forecasts, failed to predict every one of the 220 instances in which one of its members suffered negative annual growth in the next year. Even the Federal Reserve uncharacteristically recently described the outlook as “unclear.”

http://www.nytimes.com/2016/03/10/opinion/who-gets-the-blame-for-the-slowing-economy.html?ref=economy

The politicians of course. They took the easy way out with every other country undertaking quantitative easing and competitive devaluation. Now somebody has to pay the bill.  :)


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: haileysantos95 on March 17, 2016, 05:02:32 PM
Quote
The politicians of course. They took the easy way out with every other country undertaking quantitative easing and competitive devaluation. Now somebody has to pay the bill.  Smiley


You are right,politician is the main source why economy of some country is slow,politicians are greedy to make money from every transaction,they are corrupt officials who should be not in the place where they are right now.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: Kingno.1 on March 17, 2016, 05:28:17 PM
Politicians in both parties share blame for long pressuring the banks and mortgage companies to facilitate homeownership for minorities and people who would have difficulty paying.I think that  the current administration failed in rebuilding the economy to concentrate on jobs, jobs and to focus on energizing the economy.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: alyssa85 on March 17, 2016, 05:49:18 PM
I'd say it's demographics. As people get older, they spend less, so societies with an aging population tend to slow down.

If you look at Japan- when their median age passed 42 in 1991, they started to slow down and have had about zero growth ever since. I think last year the median age in Japan went up to 47 and their overall population started falling. But in the 1950's, when Japan's median age was about 22, they were booming - young people spend, especially on new technology and clothes.

Another country with a high median age is Italy on 44, and it is also flat.

China is approaching this danger point with their median age being 38 - and they've already started to slow.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: benmartin613 on March 17, 2016, 06:05:05 PM
Politician is the number 1 reason why its slowing some economy,if the politician are not corrupt then the country will be rich,people will not starve to death or even do bad things just to eat daily.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: botany on March 19, 2016, 08:25:25 AM
I'd say it's demographics. As people get older, they spend less, so societies with an aging population tend to slow down.

If you look at Japan- when their median age passed 42 in 1991, they started to slow down and have had about zero growth ever since. I think last year the median age in Japan went up to 47 and their overall population started falling. But in the 1950's, when Japan's median age was about 22, they were booming - young people spend, especially on new technology and clothes.

Another country with a high median age is Italy on 44, and it is also flat.

China is approaching this danger point with their median age being 38 - and they've already started to slow.

Mismanagement of an economy with favourable demographics also results in a slowdown. There are a lot of emerging economies, with favourable demographics that are not doing well because of irresponsible fiscal/monetary policies.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: Meuh6879 on March 19, 2016, 04:28:59 PM
economy is SELL & BUY real coins.

http://imagizer.imageshack.us/a/img923/4200/FQYWYb.png






Bitcoin is economy.
no cheating.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: alyssa85 on March 19, 2016, 05:09:02 PM
I'd say it's demographics. As people get older, they spend less, so societies with an aging population tend to slow down.

If you look at Japan- when their median age passed 42 in 1991, they started to slow down and have had about zero growth ever since. I think last year the median age in Japan went up to 47 and their overall population started falling. But in the 1950's, when Japan's median age was about 22, they were booming - young people spend, especially on new technology and clothes.

Another country with a high median age is Italy on 44, and it is also flat.

China is approaching this danger point with their median age being 38 - and they've already started to slow.

Mismanagement of an economy with favourable demographics also results in a slowdown. There are a lot of emerging economies, with favourable demographics that are not doing well because of irresponsible fiscal/monetary policies.

True.

But if you have an aging population, you have to get rid of your debt. If you are finding it hard now with the current working age population, imagine how hard it will be to service historical debt with your working age population cut in half.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: Washika on April 29, 2016, 05:43:53 PM
The Central banks who do not have the consistent monetary policy and use money printing to enrich their friends.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: xht on April 29, 2016, 10:55:17 PM
The Central banks who do not have the consistent monetary policy and use money printing to enrich their friends.
so, what do you mean by enriching their friends? I have never heard that there is such a case.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: cpfreeplz on April 29, 2016, 11:48:23 PM
It's that go'erment at it again I tells ya. Sound the alarm, call in the troops.. it's time for another recession.

Anyways, just don't invest heavily in equities for the next while. Woop dee doo. You're good to go now. Want some market exposure? Stay with blue chips. They're always a good pick (or 'good enough').


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: 1Referee on April 29, 2016, 11:50:19 PM
VOD!


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: hasiramasenju on April 30, 2016, 03:09:39 AM
my country targeting economy will grow faster more than last year but in fact economy movement tends to slow down this year and i think the blame for these situations is governmental officials because they are wrong in taking policy of economy


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: The Arcitect on April 30, 2016, 03:21:30 AM
economy is SELL & BUY real coins.

-smile your on candid camera-






Bitcoin is economy.
no cheating.

Interesting comparison of the crisis and the impending one and we aren't even half way thru the year yet.
If bitcoin is our only out of this coming of economic failure then it will truly be the year of bitcoin.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: arwin100 on April 30, 2016, 03:24:58 AM
my country targeting economy will grow faster more than last year but in fact economy movement tends to slow down this year and i think the blame for these situations is governmental officials because they are wrong in taking policy of economy

In my country also our economy is fast growing but the corruption in government is all the way and thats why we cannot feel the progress only those elites who feels the progress and those poor is still the same situation, i think the one who can blame for slow economic movements for the country is the government because they are the one who lead us and it is their duty to make the country economic competitors to other country but it turns slow because of those corrupt politician.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: pitham1 on April 30, 2016, 10:14:44 AM
economy is SELL & BUY real coins.

-smile your on candid camera-






Bitcoin is economy.
no cheating.

Interesting comparison of the crisis and the impending one and we aren't even half way thru the year yet.
If bitcoin is our only out of this coming of economic failure then it will truly be the year of bitcoin.

The crisis may play out for over a longer period than a year. If people look to convert to Bitcoin to ride out the crisis, you can expect politicians to come hard at Bitcoin. This will be an all out war.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: The Arcitect on April 30, 2016, 11:58:53 AM
Quote from: pitham1 link=topic=1401411.msg14710911#msg14710911 date=14e62011284
economy is SELL & BUY real coins.
-smile your on candid camera-
Bitcoin is economy.
no cheating.

Interesting comparison of the crisis and the impending one and we aren't even half way thru the year yet.
If bitcoin is our only out of this coming of economic failure then it will truly be the year of bitcoin.

The crisis may play out for over a longer period than a year. If people look to convert to Bitcoin to ride out the crisis, you can expect politicians to come hard at Bitcoin. This will be an all out war.

So bitcoin is declaring war on the politicians? Then it must be in stealth mode cause it seems like the politicians are using it as leverage to get the voter on their side. Such as Clinton saying on twitter he supports bitcoin and now Trump jumping on the train in his last speech.
If it's all out war then the politicians are using it as ammo for their campaign pitch.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: Gahs on April 30, 2016, 12:07:13 PM
Call me paranoid, but with the global economy slowing down, I'd say it is a planned effort of all the politicians to cause recession and then introduce a one world currency to save the situation which may or may not be bitcoins ;)


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: saiha on April 30, 2016, 12:18:49 PM
Politicians, banks and big companies should be blamed for manipulating delaying economies growth.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: calkob on April 30, 2016, 01:06:58 PM
The problem comes down to banks creating money out of nothing, this needs to stop asap


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: pitham1 on May 01, 2016, 05:27:57 AM
Quote from: pitham1 link=topic=1401411.msg14710911#msg14710911 date=14e62011284
economy is SELL & BUY real coins.
-smile your on candid camera-
Bitcoin is economy.
no cheating.

Interesting comparison of the crisis and the impending one and we aren't even half way thru the year yet.
If bitcoin is our only out of this coming of economic failure then it will truly be the year of bitcoin.

The crisis may play out for over a longer period than a year. If people look to convert to Bitcoin to ride out the crisis, you can expect politicians to come hard at Bitcoin. This will be an all out war.

So bitcoin is declaring war on the politicians? Then it must be in stealth mode cause it seems like the politicians are using it as leverage to get the voter on their side. Such as Clinton saying on twitter he supports bitcoin and now Trump jumping on the train in his last speech.
If it's all out war then the politicians are using it as ammo for their campaign pitch.

Bitcoin is not declaring war on politicians?
Politicians will declare war on bitcoin, if it gets anywhere close to becoming mainstream.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: bittrojan on May 01, 2016, 04:17:47 PM
ECONOMIC alarm bells are ringing: Financial markets have wilted. Forecasters have been slicing their projections for future growth. And some leading wise men — including the megabillionaire George Soros — are predicting a return to disastrous 2008 conditions. That’s almost certainly an overly pessimistic view. But without a doubt, the leading global economies are in a major slowdown.

Not evident is whether another recession looms. While current data suggests that modest growth continues in the United States, economists are notoriously bad at forecasting downturns. As The Economist noted, between 1999 and 2014, the International Monetary Fund, in its April forecasts, failed to predict every one of the 220 instances in which one of its members suffered negative annual growth in the next year. Even the Federal Reserve uncharacteristically recently described the outlook as “unclear.”

http://www.nytimes.com/2016/03/10/opinion/who-gets-the-blame-for-the-slowing-economy.html?ref=economy
Bitcoin is the only one get blame ;D
lets say if bitcoin really make this world of economic get slowing,what your reactions guys?anything possible,but lets dreaming about that now.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: BobK71 on May 03, 2016, 01:42:17 PM
Low growth is only a symptom of the disease in the world system, that allows the elites of all countries to use state power to prop up the values of money, debt, and other financial assets artificially.  While the propping up is successful, the elites get most of the benefits by issuing these assets.  (State issued money is a fundamental support for this system.)

But since the asset values are artificially propped up, and the elites have every incentive to maximize their issuance and at the same time hide all bad news, the values eventually get so out of touch with reality that they have to crash.  At that point, the whole economy suffers.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: odolvlobo on May 03, 2016, 04:08:04 PM
Who gets the blame? Politicians get the blame.

Who deserves the blame? Well, the people that try to manage and regulate the economy, basically politicians. They are destined to fail and anything they do just makes things worse.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: Washika on May 09, 2016, 08:08:15 PM
The central bank governors should get the blame. They do not have consistent monetary policy, causing inflation.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: knowhow on May 09, 2016, 10:17:37 PM
The only and main guilty are politicians they earn above the people salary to manage a country ,instead they make that they steal the money that should be used for others things,as roads, schools,hospitals,they earn huge salaries and do nothing besides speak and aprove or not new legislations.I dont like them because they earn 30x more then any worker and do nothing,i dont understand why there are soo many when the country is small and soo many means a waste of public money.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: Pab on May 09, 2016, 10:48:12 PM
Chinise will come and thaywill buy that what they want to buy off price,what Fed is able to do
Print more i think,dollar down btc up


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: tommorisonwebdesign on May 09, 2016, 11:49:28 PM
In my country (Canada) our leader Justin Trudeau made it clear in his election campaign that he would create a deficit, stimulate the economy and the budget will balance itself. This includes rapid transit construction in major Canadian cities. I don't have anything against Trudeau, even though the Canadian dollar is weaker. It will only become stronger again in time, after the economy is stimulated.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: MingLee on May 10, 2016, 12:33:27 AM
In my country (Canada) our leader Justin Trudeau made it clear in his election campaign that he would create a deficit, stimulate the economy and the budget will balance itself. This includes rapid transit construction in major Canadian cities. I don't have anything against Trudeau, even though the Canadian dollar is weaker. It will only become stronger again in time, after the economy is stimulated.
I wish.

He is creating a deficit, $30b in fact, but apparently very little of it is going to go into infrastructure now and thus it won't be stimulating the economy as you might anticipate. He also specified the "rapid transit" in major Canadian cities would be, to my knowledge, Montreal and Vancouver. The Canadian Dollar isn't his fault to my knowledge, and it may only look like this because oil started performing poorly at the same time.

If you want to watch and see how Trudeau goes through his campaign, you can visit https://www.trudeaumetre.ca/ (https://www.trudeaumetre.ca/) and watch how he performs and completes his promises.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: pitham1 on May 10, 2016, 02:09:43 AM
Who gets the blame? Politicians get the blame.

Who deserves the blame? Well, the people that try to manage and regulate the economy, basically politicians. They are destined to fail and anything they do just makes things worse.

Come to think of it, we get the politicians we deserve.
Since most countries are democracies, people are to be blamed for electing the politicians.
If Trump becomes President.... the American public is to be blamed.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: Pitchblackroom on May 10, 2016, 02:44:43 AM
To the uninformed person, they would usually blame politicians.
To someone who has some economic education, then they usually think it was either the Banks or the Fed not doing any sort of policy.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: Supercrypt on May 10, 2016, 05:50:35 PM
To the uninformed person, they would usually blame politicians.
To someone who has some economic education, then they usually think it was either the Banks or the Fed not doing any sort of policy.
Well they aren't completely wrong if they say that politicians are at fault. Why? Because they are also part of it. We can blame the slowing economy to the government and the (big) business owners. Factors such as government spending and private investments are to be looked at when it comes to these topics.


Title: Re: Who Gets the Blame for the Slowing Economy?
Post by: catch.me.if.you.can on May 10, 2016, 08:54:20 PM
The jews ofcourse. Search in google about international zionism and freemasonry.