The world economy is starting to recover
The U.S. economy returned to growth in the third quarter
Japan’s jobless rate unexpectedly dropped to a four-month low in September
China's GDP grows nearly 9 percent last quarter, and tips a 10.6 percent growth in the 4th quarter
Most economists tipping the Uk will return to growth in the 4th quarter
I think the world leaders handed the world financial crisis excellently. Aggressive expansionary Monterey policy with a sound fiscal policy helps contain the GFC the world financial crisis since the great depression
Debt load is not prohibitive to growth. This has been proven. Greatest periods of economic growth were post revolution and post WW2 both of which were periods where it's debt/GDP ratio were actually higher than they are now. The argument that government debt is problematic for economic growth runs contrary to historical realities. Debt only seems to become an issue for economic growth when the government cuts spending drastically in an effort to pay it off quickly, which is the opposite of what is currently happening.
Well Done, The federal reserve, Obama, EU, and China.
The U.S. economy returned to growth in the third quarter
Japan’s jobless rate unexpectedly dropped to a four-month low in September
China's GDP grows nearly 9 percent last quarter, and tips a 10.6 percent growth in the 4th quarter
Most economists tipping the Uk will return to growth in the 4th quarter
I think the world leaders handed the world financial crisis excellently. Aggressive expansionary Monterey policy with a sound fiscal policy helps contain the GFC the world financial crisis since the great depression
Debt load is not prohibitive to growth. This has been proven. Greatest periods of economic growth were post revolution and post WW2 both of which were periods where it's debt/GDP ratio were actually higher than they are now. The argument that government debt is problematic for economic growth runs contrary to historical realities. Debt only seems to become an issue for economic growth when the government cuts spending drastically in an effort to pay it off quickly, which is the opposite of what is currently happening.
Well Done, The federal reserve, Obama, EU, and China.
Comment