30-Jul-11 News -- Economists in shock over GDP report
Europe's economy continues to deteriorate
** 30-Jul-11 News -- Economists in shock over GDP report
** http://www.generationaldynamics.com/cgi ... b#e110730b
** 30-Jul-11 World View -- Turkey's military commanders resign en masse
** http://www.generationaldynamics.com/cgi ... 30#e110730
China confronts its weakness in anti-submarine warfare
Contents:
"Economists in shock over GDP report"
"Europe's economy continues to deteriorate"
### World View -- Turkey's military commanders resign en masse
"Mass resignation of Turkey's senior military commanders put government in crisis"
"China confronts its weakness in anti-submarine warfare"
"Assassination of Libya's rebel general may trigger tribal conflict"
"CIA: Russia implicated in attempted bombing of American embassy in Tblisi Georgia"
"France advocates recognizing Israel as a Jewish state"
"Apple's cash reserves surpass US government operating balance"
"Nancy Pelosi just wants to save the world"
Keys:
Generational Dynamics, GDP, Europe, Italy
Keys:
Generational Dynamnics, Turkey, Isik Kosaner, AKP,
China, anti-submarine warfare (ASW), Abdel Fatah Younes, Libya,
Russia, Eli Lake, Georgia, Abkhazia, Apple, Nancy Pelosi
30-Jul-11 News -- Economists in shock over GDP report
Re: 30-Jul-11 News -- Economists in shock over GDP report
I thought this was rather apt:
"People are spending more, but that spending is being absorbed in higher prices, not in buying more stuff," said John Ryding, chief economist at RDQ Economics.
"Sometimes it feels like I'm a physicist who's been flipped into a different universe trying to explain these revisions, rather than an economist tracking output growth," Ryding said. "The economy is clearly performing poorly, though we don't know quite how poorly because these individual quarterly revisions can sometimes be something of a joke."
"People are spending more, but that spending is being absorbed in higher prices, not in buying more stuff," said John Ryding, chief economist at RDQ Economics.
"Sometimes it feels like I'm a physicist who's been flipped into a different universe trying to explain these revisions, rather than an economist tracking output growth," Ryding said. "The economy is clearly performing poorly, though we don't know quite how poorly because these individual quarterly revisions can sometimes be something of a joke."
Re: 30-Jul-11 News -- Economists in shock over GDP report
I have been reading your post for several years now and have never posted prior to this. I realize your concept/theory is TRUE. I am a stockbroker with over 30yrs of experience. I have always been honest but I see young and younger people in charge with less and less honesty. Proof of your concept of generational change.
Re: 30-Jul-11 News -- Economists in shock over GDP report
SouthernGentleman wrote:I have been reading your post for several years now and have never posted prior to this. I realize your concept/theory is TRUE. I am a stockbroker with over 30yrs of experience. I have always been honest but I see young and younger people in charge with less and less honesty. Proof of your concept of generational change.
If you're willing, I would love to get your story.. Everything you tell me will be kept
in confidence, of course.
john@generationaldynamics.com
John
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