Who Gets the Blame for the Slowing Economy?

[xht]

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

[Kakmakr]

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. 

[botany]

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. 

[haileysantos95]

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.

[Kingno.1]

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.

[alyssa85]

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.

[benmartin613]

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.

[botany]

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.

[Meuh6879]

economy is SELL & BUY real coins.








Bitcoin is economy.
no cheating.

[alyssa85]

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.

[Washika]

The Central banks who do not have the consistent monetary policy and use money printing to enrich their friends.

[xht]

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.

[cpfreeplz]

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').

[1Referee]

VOD!

[hasiramasenju]

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

[The Arcitect]

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.

[arwin100]

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.

[pitham1]

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.

[The Arcitect]

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.

[Gahs]

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