|home | How Good or Bad Is the Economy? Wha . . .|
How Good or Bad Is the Economy? What Are the Experts Saying? Do They Know What They Are Talking About?
The state of the economy, worldwide, is of great concern. The signs of recession are spreading. How long until it hits? How long will it last?
These questions relate to jobs, business profits, and the stock market. People's career prospects are on the line.
The experts disagree, as always. This much is clear: there were no warnings from any well-known economist in late 2007 that the American economy was threatened by a recession. Ben Bernanke denied it repeatedly. Yet it is obvious that something is seriously wrong with the financial sector of the economy. Real estate is in the worst recession since 1940.
I sounded the warning on the end of the real estate boom and the threat to the banks in November, 2005. What I thought would happen is now happening.
Here, you can stay informed regarding economic indicators and the state of the economy.
Maybe they are in yours, too. This is a bubble top indicator. keep reading
What's great for manufacturing is bad news for stupid bankers. keep reading
The average American has no financial cushion. If you do, you will be able to deal. keep reading
Low job formation means a stock market increase. Why? keep reading
First, we had better understand what it means to be middle-class. keep reading
The financial media report this, but do not comment on it. keep reading
Keynesians never see it coming. They will prescribe more of the same. keep reading
This is the issue of economic cause and effect. The gun is loaded. The hammer is cocked. Who will pull the trigger? keep reading
We are being told opposite stories by the experts. keep reading
China's economy is finally faltering. Its Communist rulers now face their moment of truth. keep reading