The global economy is slowing down. What can governments do about it?

[danielpalos]

Are you tired of not-winning yet?

The Trump slump is coming loaded with lots of Trumpery, lies and perverted reality.

Donald Trump has damaged the world economy which was headed for boom times before Trump started his trade war. Donald Trump's tariffs have only forced up prices for US consumers and importers.

It appears that the USA GDP growth is headed towards 2% or less and is likely to fall further as the world economy weakens. A sharp pullback in manufacturing was observed in January.

The US is in a bad state to stave off a recession in case the economy declines that far. Economist Paul Krugman has predicted a US recession around 2020.

This is a consequence of Trump decision making from his gut because his brain is not competent in economic analysis.

"Spending by American consumers in December was weak, but perhaps of more significance was the sharp pull-back in manufacturing in January, which fits with a picture of declining factory output elsewhere. In the winter of 2008, crashing industrial production and a contraction in trade flows were signs of the depth of the global slump."

The global economy is slowing down. What can governments do about it?

The global economy is slowing down. What can governments do about it?
The Observer
Global economy
A decade after the crash, many nations are still on emergency monetary policies, even before a new downturn strikes
Larry Elliott and Phillip Inman

Sat 23 Feb 2019 16.00 GMT

Central banks are getting twitchy. On average, recessions have come along once a decade since the mid-1970s and the nadir of the last downturn occurred almost a decade ago.

The Nobel prize-winning economist Paul Krugman has predicted that there will be a recession in America by the time Donald Trump comes up for re-election at the end of next year.

The darkening outlook for global growth is putting pressure on the US president to resolve his trade dispute with China. When the White House announced its first tranche of protectionist measures almost a year ago, hopes were high that the world economy had at last shrugged off the long hangover from the financial crisis and deep slump of 2008-09. In the months before Trump went toe-to-toe with China’s president, Xi Jinping, it was expanding strongly and the International Monetary Fund was talking about a synchronised upturn. A year later – and with the 1 March deadline for a fresh round of US tariffs fast approaching – the mood has changed. All of which raises three big questions:

1. What is happening to the global economy?

Official statistics in the US have been delayed as a result of the federal government shutdown, but when the figures for growth in the fourth quarter of 2018 are finally released this week, they are expected to show that the world’s biggest economy has joined in a slowdown that is affecting Europe, China and a slew of other strategically important countries.

If the second half of 2018 provided isolated evidence that global growth had peaked, the data since the turn of the year has been unambiguous: all of the world’s major economies look weaker than they did 12 months ago. Britain grew by just 0.2% in the final three months of 2018, as did the eurozone. And Italy is suffering its fifth recession in two decades.

Spending by American consumers in December was weak, but perhaps of more significance was the sharp pull-back in manufacturing in January, which fits with a picture of declining factory output elsewhere. In the winter of 2008, crashing industrial production and a contraction in trade flows were signs of the depth of the global slump. Ominously, both are again weak. ...

Get the fucking governments out of the fucking way, and let the economies do what economies do, make profits. When you have mother fucking government officials stealing from the people so they can pad the pockets of their liberal buddies, it must come from someone else. That is called cronyism. What President Trump is doing, is bringing economic prosperity to everyone. Unless you are like the OP who must be a welfare queen/queer, who is a victim of the last administration...

If Trump's bullshit was 'prosperity' the Deplorables would be on a caviar and champagne diet instead of the reality of a fast food diet.

I dont like caviar as it is too salty for me, but I do like a good steak, while under the Obummer economy that cost almost tripled, yet there was no inflation...Dumbass liberals fell for that hook, line and stinker...

Thank the right wing for price inflation for fuel. Simply going to the Middle East increased risk for those markets.

The right wing Only complains about a minimum wage raise for the Poor.

 

[Manonthestreet]

Dont just sit there.....tax someone or something.....

 

[Mikeoxenormous]

If the US/China trade talks produce something positive and soon, you'll see a clear and significant improvement across the spectrum.

If they don't, we'll cycle back down to a slow growth or recessionary period, which is perfectly normal. While there is still a lot of shit in the system, nothing is broken, as it was in 2008. It will be the natural breathing of markets. The partisan zombies can make of it what they will, that's what they do.
.

What?

There is NOTHING NATURAL about what the world's central banks have been doing to the economies of the world over the last 10+ years.

If you look at this chart and think things are 'perfectly normal' - than I pity those people whose money you (supposedly) look after.

q

And please save the 'it's doing this because of all the money printing'? Because that is wrong. The money supply is not growing remotely fast enough to explain the above chart.
In fact, from 1998 to 2008 - the M2 money supply grew at a higher percentage then 2008-2018. So that ends the old 'it's the money printing' excuse.

And the above is just one of many indicators that the economies are COMPLETELY dependent on low interest rates, central bank stimuli and large, fiscal deficits.
In other words - macroeconomic fundamentals have gone RIGHT out the window.

If you think otherwise - and I assume you do - than you have NO IDEA what is going on right now. Though, many people in your (supposed) line of work are remarkably clueless about macroeconomics - so why should you be any different? Heck, even the Fed have shown time and again how utterly useless they are at anything but bean counting and coming up with new ways to 'artificially' prop up the economy.

But in your (supposed) line of work - your job is more about reassuring your investors to 'stay-the-course' as much as actually wisely investing their monies. Hell, all an idiot investor has to do - so long as the Fed is all in - is buy some Spyders and sit back and rake it in. They don't need you or any other 'investment specialist' (if that is what you actually do). They just have to know when to get out.

Having said that, so long as central banks of the world are all in...this equity boom/GDP semi-stagnation will continue for a LONG time probably. So your (supposed) clients should do fine - for now.

And the wealth gap will continue to widen as it does.

Have a nice day.

I am sure glad of wealth inequality. My black friends and I sit drinking Remi Martin chatting about our businesses because they decided to leave the Hood of liberal victimization, to make something better of themselves using their God given talents. You can keep blaming the Republicrats, all you want, but it was Obummer who created such mass inequality. Stupid Kuuunts like you are the reason why normal people had it so tough under that 1/2 white faggot community agitator, who had no clue how to run a country..

Obamanomics: Rich Get Richer, Everyone Else Poorer | Investor's Business Daily

bama got all he wanted in his first two years in the White House, when Democrats had solid control of Congress — a massive stimulus, auto industry bailouts, temporary middle class tax cuts, vast new regulations on businesses and ObamaCare.
But his policies produced the exact opposite of what he'd promised. The latest evidence is a Pew Research Center report out this week, which shows that only the rich have made gains under Obama, while everyone else has fallen further behind.

Using Census data on net worth, the Pew report found that from 2009 to 2011, the richest 7% of Americans saw their net worth climb an average $697,651 — equal to a 28% gain.
The rest of the country saw their net worth drop an average $6,079 — equal to a 4% loss.

Thanks Obama.

 

[Aldo Raine]

Are you tired of not-winning yet?

The Trump slump is coming loaded with lots of Trumpery, lies and perverted reality.

Donald Trump has damaged the world economy which was headed for boom times before Trump started his trade war. Donald Trump's tariffs have only forced up prices for US consumers and importers.

It appears that the USA GDP growth is headed towards 2% or less and is likely to fall further as the world economy weakens. A sharp pullback in manufacturing was observed in January.

The US is in a bad state to stave off a recession in case the economy declines that far. Economist Paul Krugman has predicted a US recession around 2020.

This is a consequence of Trump decision making from his gut because his brain is not competent in economic analysis.

"Spending by American consumers in December was weak, but perhaps of more significance was the sharp pull-back in manufacturing in January, which fits with a picture of declining factory output elsewhere. In the winter of 2008, crashing industrial production and a contraction in trade flows were signs of the depth of the global slump."

The global economy is slowing down. What can governments do about it?

The global economy is slowing down. What can governments do about it?
The Observer
Global economy
A decade after the crash, many nations are still on emergency monetary policies, even before a new downturn strikes
Larry Elliott and Phillip Inman

Sat 23 Feb 2019 16.00 GMT

Central banks are getting twitchy. On average, recessions have come along once a decade since the mid-1970s and the nadir of the last downturn occurred almost a decade ago.

The Nobel prize-winning economist Paul Krugman has predicted that there will be a recession in America by the time Donald Trump comes up for re-election at the end of next year.

The darkening outlook for global growth is putting pressure on the US president to resolve his trade dispute with China. When the White House announced its first tranche of protectionist measures almost a year ago, hopes were high that the world economy had at last shrugged off the long hangover from the financial crisis and deep slump of 2008-09. In the months before Trump went toe-to-toe with China’s president, Xi Jinping, it was expanding strongly and the International Monetary Fund was talking about a synchronised upturn. A year later – and with the 1 March deadline for a fresh round of US tariffs fast approaching – the mood has changed. All of which raises three big questions:

1. What is happening to the global economy?

Official statistics in the US have been delayed as a result of the federal government shutdown, but when the figures for growth in the fourth quarter of 2018 are finally released this week, they are expected to show that the world’s biggest economy has joined in a slowdown that is affecting Europe, China and a slew of other strategically important countries.

If the second half of 2018 provided isolated evidence that global growth had peaked, the data since the turn of the year has been unambiguous: all of the world’s major economies look weaker than they did 12 months ago. Britain grew by just 0.2% in the final three months of 2018, as did the eurozone. And Italy is suffering its fifth recession in two decades.

Spending by American consumers in December was weak, but perhaps of more significance was the sharp pull-back in manufacturing in January, which fits with a picture of declining factory output elsewhere. In the winter of 2008, crashing industrial production and a contraction in trade flows were signs of the depth of the global slump. Ominously, both are again weak. ...

Get the fucking governments out of the fucking way, and let the economies do what economies do, make profits. When you have mother fucking government officials stealing from the people so they can pad the pockets of their liberal buddies, it must come from someone else. That is called cronyism. What President Trump is doing, is bringing economic prosperity to everyone. Unless you are like the OP who must be a welfare queen/queer, who is a victim of the last administration...

Ronnies amazing ability to publicly lament big Gub'Mit, while fueling it's exponetial growth is his legacy.....~S~

Lol, it is hysterical how Rethugs miss this every time.

 

[imawhosure]

If the US/China trade talks produce something positive and soon, you'll see a clear and significant improvement across the spectrum.

If they don't, we'll cycle back down to a slow growth or recessionary period, which is perfectly normal. While there is still a lot of shit in the system, nothing is broken, as it was in 2008. It will be the natural breathing of markets. The partisan zombies can make of it what they will, that's what they do.
.

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

The Trump slump is coming loaded with lots of Trumpery, lies and perverted reality.

Get back to us when it does. Right now it just sounds like butthurt.

Mac says he is in financial marketing; I have no reason to believe he is not.

Notice that Mac did NOT take a partisan stance on his assessment of the situation, which means his assessment is probably more accurate than any partisan take on this board.

I don't always agree with Mac on matters politically; and that is ok, we can agree to disagree. But, if you ask a financial advisor the same question, you will invariably get the same answer that Mac gave.

That tells me that if he is NOT talking politics, his veracity is pretty, damn, good!

 

[Mac1958]

If the US/China trade talks produce something positive and soon, you'll see a clear and significant improvement across the spectrum.

If they don't, we'll cycle back down to a slow growth or recessionary period, which is perfectly normal. While there is still a lot of shit in the system, nothing is broken, as it was in 2008. It will be the natural breathing of markets. The partisan zombies can make of it what they will, that's what they do.
.

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

The Trump slump is coming loaded with lots of Trumpery, lies and perverted reality.

Get back to us when it does. Right now it just sounds like butthurt.

Mac says he is in financial marketing; I have no reason to believe he is not.

Notice that Mac did NOT take a partisan stance on his assessment of the situation, which means his assessment is probably more accurate than any partisan take on this board.

I don't always agree with Mac on matters politically; and that is ok, we can agree to disagree. But, if you ask a financial advisor the same question, you will invariably get the same answer that Mac gave.

That tells me that if he is NOT talking politics, his veracity is pretty, damn, good!

Not financial marketing - CFP, ChFC, CLU, Series 7. I'm neck deep in this stuff 24/7, planning and analyzing and trading for my advisory clients every day.

I let the nutters scream their stuff. No harm, no foul.

And thanks.
.

 

[depotoo]

Actually, snap usage is down, due to tougher work requirements. Tougher work requirements are now part of assistance, if they are able bodied. There are also less people on unemployment due to a better economy.
https://nypost.com/2018/04/10/trump-just-took-a-giant-step-towards-actual-welfare-reform/

Are you tired of not-winning yet?

The Trump slump is coming loaded with lots of Trumpery, lies and perverted reality.

Donald Trump has damaged the world economy which was headed for boom times before Trump started his trade war. Donald Trump's tariffs have only forced up prices for US consumers and importers.

It appears that the USA GDP growth is headed towards 2% or less and is likely to fall further as the world economy weakens. A sharp pullback in manufacturing was observed in January.

The US is in a bad state to stave off a recession in case the economy declines that far. Economist Paul Krugman has predicted a US recession around 2020.

This is a consequence of Trump decision making from his gut because his brain is not competent in economic analysis.

"Spending by American consumers in December was weak, but perhaps of more significance was the sharp pull-back in manufacturing in January, which fits with a picture of declining factory output elsewhere. In the winter of 2008, crashing industrial production and a contraction in trade flows were signs of the depth of the global slump."

The global economy is slowing down. What can governments do about it?

The global economy is slowing down. What can governments do about it?
The Observer
Global economy
A decade after the crash, many nations are still on emergency monetary policies, even before a new downturn strikes
Larry Elliott and Phillip Inman

Sat 23 Feb 2019 16.00 GMT

Central banks are getting twitchy. On average, recessions have come along once a decade since the mid-1970s and the nadir of the last downturn occurred almost a decade ago.

The Nobel prize-winning economist Paul Krugman has predicted that there will be a recession in America by the time Donald Trump comes up for re-election at the end of next year.

The darkening outlook for global growth is putting pressure on the US president to resolve his trade dispute with China. When the White House announced its first tranche of protectionist measures almost a year ago, hopes were high that the world economy had at last shrugged off the long hangover from the financial crisis and deep slump of 2008-09. In the months before Trump went toe-to-toe with China’s president, Xi Jinping, it was expanding strongly and the International Monetary Fund was talking about a synchronised upturn. A year later – and with the 1 March deadline for a fresh round of US tariffs fast approaching – the mood has changed. All of which raises three big questions:

1. What is happening to the global economy?

Official statistics in the US have been delayed as a result of the federal government shutdown, but when the figures for growth in the fourth quarter of 2018 are finally released this week, they are expected to show that the world’s biggest economy has joined in a slowdown that is affecting Europe, China and a slew of other strategically important countries.

If the second half of 2018 provided isolated evidence that global growth had peaked, the data since the turn of the year has been unambiguous: all of the world’s major economies look weaker than they did 12 months ago. Britain grew by just 0.2% in the final three months of 2018, as did the eurozone. And Italy is suffering its fifth recession in two decades.

Spending by American consumers in December was weak, but perhaps of more significance was the sharp pull-back in manufacturing in January, which fits with a picture of declining factory output elsewhere. In the winter of 2008, crashing industrial production and a contraction in trade flows were signs of the depth of the global slump. Ominously, both are again weak. ...

Get the fucking governments out of the fucking way, and let the economies do what economies do, make profits. When you have mother fucking government officials stealing from the people so they can pad the pockets of their liberal buddies, it must come from someone else. That is called cronyism. What President Trump is doing, is bringing economic prosperity to everyone. Unless you are like the OP who must be a welfare queen/queer, who is a victim of the last administration...

Ronnies amazing ability to publicly lament big Gub'Mit, while fueling it's exponetial growth is his legacy.....~S~

He was promised social program cuts. Never happened. There was supposed to be an immigration agreement. Never happened. Ask Tip and the boys.

 

[danielpalos]

Dont just sit there.....tax someone or something.....

simply raising the minimum wage will increase tax revenue.

 

[Manonthestreet]

Dont just sit there.....tax someone or something.....

simply raising the minimum wage will increase tax revenue.

that's really the game being played isn't it..get more tax revenue by any means possible......and tell the rubes you are helping them

 

[danielpalos]

Dont just sit there.....tax someone or something.....

simply raising the minimum wage will increase tax revenue.

that's really the game being played isn't it..get more tax revenue by any means possible......and tell the rubes you are helping them

in this case, that increase in income does help Labor.

 

[Manonthestreet]

Dont just sit there.....tax someone or something.....

simply raising the minimum wage will increase tax revenue.

that's really the game being played isn't it..get more tax revenue by any means possible......and tell the rubes you are helping them

in this case, that increase in income does help Labor.

rriigghhtttt……….I was so rich when I made minimum wage...weren't you

 

[danielpalos]

Dont just sit there.....tax someone or something.....

simply raising the minimum wage will increase tax revenue.

that's really the game being played isn't it..get more tax revenue by any means possible......and tell the rubes you are helping them

in this case, that increase in income does help Labor.

rriigghhtttt……….I was so rich when I made minimum wage...weren't you

what are you talking about? it is a simple cost of living adjustment.

 

[Manonthestreet]

Dont just sit there.....tax someone or something.....

simply raising the minimum wage will increase tax revenue.

that's really the game being played isn't it..get more tax revenue by any means possible......and tell the rubes you are helping them

in this case, that increase in income does help Labor.

rriigghhtttt……….I was so rich when I made minimum wage...weren't you

what are you talking about? it is a simple cost of living adjustment.

That drives the cost of living up.....oooops

 

[danielpalos]

simply raising the minimum wage will increase tax revenue.

that's really the game being played isn't it..get more tax revenue by any means possible......and tell the rubes you are helping them

in this case, that increase in income does help Labor.

rriigghhtttt……….I was so rich when I made minimum wage...weren't you

what are you talking about? it is a simple cost of living adjustment.

That drives the cost of living up.....oooops

inflation happens. why not price controls, if that is your chief complaint.

 

[Manonthestreet]

that's really the game being played isn't it..get more tax revenue by any means possible......and tell the rubes you are helping them

in this case, that increase in income does help Labor.

rriigghhtttt……….I was so rich when I made minimum wage...weren't you

what are you talking about? it is a simple cost of living adjustment.

That drives the cost of living up.....oooops

inflation happens. why not price controls, if that is your chief complaint.

yeah those have worked too haven't they.....why do you support so many failures

 

[danielpalos]

in this case, that increase in income does help Labor.

rriigghhtttt……….I was so rich when I made minimum wage...weren't you

what are you talking about? it is a simple cost of living adjustment.

That drives the cost of living up.....oooops

inflation happens. why not price controls, if that is your chief complaint.

yeah those have worked too haven't they.....why do you support so many failures

a cost of living adjustment is reasonable and Labor needs the money to afford our first world economy.

 

[sparky]

So let me tell you Jose; you don't mind if I call you Jose, do you? I am 1/2 Mexican, my kids are 1/4 Mexican, and my grandkids are 1/8 Mexican...…..and 1/2 BLACK!

Now I'm trying to picture a one man race war.....

And the above is just one of many indicators that the economies are COMPLETELY dependent on low interest rates, central bank stimuli and large, fiscal deficits.
In other words - macroeconomic fundamentals have gone RIGHT out the window.

the problem with debt driven economies is, one runs out of those buying it

The best thing for governments to do is to get the hell out of the way of the people

free markets?

i'd caution one to consider the ramifications ....

Our economy is doing nicely, what are you complaining about?
I'm sure a recession will be coming, they always do, it's the nature of economies ..ebb and flow.
Not because of Trump, though.

No one sitting potus is responsible for a global economy

Dont just sit there.....tax someone or something.....

the battle cry of Congress?

Notice that Mac did NOT take a partisan stance on his assessment of the situation, which means his assessment is probably more accurate than any partisan take on this board.

Partisans are tools

~S~

 

[Manonthestreet]

rriigghhtttt……….I was so rich when I made minimum wage...weren't you

what are you talking about? it is a simple cost of living adjustment.

That drives the cost of living up.....oooops

inflation happens. why not price controls, if that is your chief complaint.

yeah those have worked too haven't they.....why do you support so many failures

a cost of living adjustment is reasonable and Labor needs the money to afford our first world economy.

Case ya didnt know $15 hr doesn't afford you a "liveable" lifestyle

 

[danielpalos]

what are you talking about? it is a simple cost of living adjustment.

That drives the cost of living up.....oooops

inflation happens. why not price controls, if that is your chief complaint.

yeah those have worked too haven't they.....why do you support so many failures

a cost of living adjustment is reasonable and Labor needs the money to afford our first world economy.

Case ya didnt know $15 hr doesn't afford you a "liveable" lifestyle

it is a cost of living adjustment, and the Poor tend to spend most of their income sooner rather than later.

higher paid labor must pay more in taxes and create more in demand.

 

[Manonthestreet]

That drives the cost of living up.....oooops

inflation happens. why not price controls, if that is your chief complaint.

yeah those have worked too haven't they.....why do you support so many failures

a cost of living adjustment is reasonable and Labor needs the money to afford our first world economy.

Case ya didnt know $15 hr doesn't afford you a "liveable" lifestyle

it is a cost of living adjustment, and the Poor tend to spend most of their income sooner rather than later.

higher paid labor must pay more in taxes and create more in demand.

Its a scam....try to keep up