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The rise in GDP isn’t telling us what you might think it is
Bill Bonner
vox.com In 1972, the King of Bhutan said that “gross national happiness is more important than gross domestic product”. It was a “charming soundbite that captured imaginations”, says Brian Albrecht. F
The new “toys for tots”, or so-called “Trump Accounts” savings programme announced by Donald Trump set our mind spinning. The idea is that the federal government will place $1,000 in an investment acc
“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM
How’s the trade war going? Short answer: as badly as expected. Capricious tariffs have shown the rest of the world that the US cannot be trusted. And they have pushed trading partners away and closer
There is good news and bad news about the prospects for the UK economy. First, the good news. The UK’s problems are relatively easily solved. A lot of money is pointlessly being thrown down the drain
In 1972, Yale Hirsch, author of the Stock Trader’s Almanac, devised the January Barometer, which states that as the S&P index goes in January, so goes the year. By 2005, the barometer had claimed a 90