Gordon T Long Global Macro Research | Macro-Technical Analysis THESIS 2017 ILLUSION OF GROWTH THE KILLING OF THE GOLDEN GOOSE THE POST WWII US CONSUMPTION ENGINE After WWII the US Economy was unquestionably the strongest in the world and led the crippled developed economies out of the darkness of shattered war torn economies. […]
Gordon T Long Global Macro Research | Macro-Technical Analysis THESIS 2017 ILLUSION OF GROWTH WHEN DO YOU KNOW ECONOMIC GROWTH IS BEING MANIPULATED? The short answer is: When You CONSUME more than you PRODUCE, When you get LESS for MORE (versus More for Less) in everything you Consume and do, When the next generation […]
GDP GENERATING CAPACITY OF GLOBAL DEBT IS DIMINISHING RAPIDLY Here is a summary of Dr Lacy Hunt’s work on the Diminishing Return of the GDP Generating Capacity of Global Debt. The Production Function is dependent upon technology and the three factors of production: Land, Labor and Capital. The production function states that if you […]
GOVERNMENT SPENDING & SLOWING SAVINGS ARE STRANGLING CAPITALISM This is one of those charts that gets to the root problem! Bottom line: We simply have an insufficiency of savings and there is no political will to change it! EXPLANATION: The green line shows the national savings rate. It is currently at 3%. It is historically 6%. […]
GLOBAL “ZOMBIFICATION” RELENTLESSLY CONTINUES WHILE SHOCKINGLY BEING UNDER REPORTED A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE SOURCE: 02-17-19 – ZeroHedge – “A World Full Of Zombies: Global Revenue Growth Has Collapsed” MATASII SYNTHESIS: We continue to witness the collapse in long-term real global GDP growth, which is now at a “historical low.” […]
THESIS 2017 – ILLUSION OF GROWTH THESIS 2017: BANKS GOT A $21B TAX WINDFALL.. THEN FIRED THOUSANDS & REWARDED THEMSELVES A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-THESIS & PUBLIC THESIS ACCESS ) READERS REFERENCE THESIS 2017: ILLUSION OF GROWTH SOURCE: 02-06-19 – “Banks Got A $21 Billion Tax Windfall… Then Fired Thousands And Rewarded Themselves” MATASII SYNTHESIS: Companies […]
WE’RE MEASURING THE ECONOMY ALL WRONG! The official statistics say that the financial crisis is behind us. It’s not. — SOURCE: 09-14-18 Bloomberg – “We’re Measuring the Economy All Wrong” Protestors hold signs behind Richard S. Fuld Jr., then chief executive of Lehman Brothers, in October 2008. Ten years later, you can see the lingering […]
WEAPONS OF ECONOMIC MISDIRECTION — SOURCE: Originally published 07-27-14 by John Mauldin – ““Time to Put a New Economic Tool in the Box.” “Measurement theory shows that strong assumptions are required for certain statistics to provide meaningful information about reality. Measurement theory encourages people to think about the meaning of their data. It encourages critical […]
ILLUSION OF GROWTH: HOW ECONOMICS FAILED THE ECONOMY The Difficult Art of Reckoning With the Human Good — SOURCE: 11-04-17 Umair Haque via Eudaimonics “How Economics Failed the Economy” — When, in the 1930s, the great economist Simon Kuznets created GDP, he deliberately left two industries out of this then novel, revolutionary idea of a “national income”: […]
THE ILLUSION OF GROWTH: THE GOVERNMENT’S GAME OF “SMOKE & MIRRORS” All financial assets are nothing more than CLAIMS on real wealth. They are not themselves actually wealth. It is critically important to understand this reality of “money”. The money we possess has 1- Use and 2- Utility because you can exchange it for something […]
