Rantings and tirades of a frustrated economist.
Don't Communist Governments have a history of lying about their economic growth?Why should this one be any different?http://www.sbs.com.au/dateline/story/watch/id/601007/n/China-s-Ghost-Cities
Better listen to the Captain, he's dead on almost all if the time.
I say we put the Captain in charge of the Fed, even if his first act is to destroy it.I mean it's not like he could do WORSE is it?
Besides, I'd get a kick out of the Captain having get dressed for work & tell people they are morons job..
Given that they have 4x as many people as the US, their per capita GDP will be lower than ours for quite some time.
Here you go, Captain.http://xkcd.com/605/
and we all know per capita GDP is the solid foundation and fabric for a society and will keep your neighbor from slitting your throat...
When we go down, China is coming with us. They need someone to buy their trash.
Not a bad prediction--I'll leave it to others to say whether you're good or just lucky, but not a bad prediction.But doesn't this make you into a "quant" now? :^)
As the worlds greatest economist can you give an opinion on this guys work, it seems to make sensehttp://www.strike-the-root.com/51/ross/ross1.html
Don't Communist Governments have a history of lying about their economic growth?
ReplyDeleteWhy should this one be any different?
http://www.sbs.com.au/dateline/story/watch/id/601007/n/China-s-Ghost-Cities
Better listen to the Captain, he's dead on almost all if the time.
ReplyDeleteI say we put the Captain in charge of the Fed, even if his first act is to destroy it.
ReplyDeleteI mean it's not like he could do WORSE is it?
Besides, I'd get a kick out of the Captain having get dressed for work & tell people they are morons job..
ReplyDeleteGiven that they have 4x as many people as the US, their per capita GDP will be lower than ours for quite some time.
ReplyDeleteHere you go, Captain.
ReplyDeletehttp://xkcd.com/605/
and we all know per capita GDP is the solid foundation and fabric for a society and will keep your neighbor from slitting your throat...
ReplyDeleteWhen we go down, China is coming with us. They need someone to buy their trash.
ReplyDeleteNot a bad prediction--I'll leave it to others to say whether you're good or just lucky, but not a bad prediction.
ReplyDeleteBut doesn't this make you into a "quant" now? :^)
As the worlds greatest economist can you give an opinion on this guys work, it seems to make sense
ReplyDeletehttp://www.strike-the-root.com/51/ross/ross1.html