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SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting read about the economy.
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<blockquote data-quote="Friendchicken" data-source="post: 2995548" data-attributes="member: 3298"><p>Also,</p><p></p><p>When you are looking at economics, its not about seeing values rise and fall that is important. It's being able to predict and forcast based on past occurences and trends. Economists, banks, and moneywatchers really don't get upset with large sweeps or changes to the value of money that floats in the market. It's the anomalies that get their panties all bunched up cause they no longer can forcast who will make money tomorrow or the next day, when people who pay them for these analysis expect them to be right.</p><p></p><p>It's like the weather channel. You KNOW the sun will come up tomorrow and the moon will come up at night, but what happens when there is an eclipse? All kinds of paranoia and foracsts of "recession" or "depression".</p><p></p><p>And if you know anything about the economy, any mis-step will cause the spiral of the economy into a downward turn and steps to "right the ship" can make it sink even faster. Even if the economy starts moving to a positive slope, you can't take a chance that it rise too fast or else the market won't have time to adjust (john smith sees the price or oranges go up, so he raises his before knowing what the market adjusted price should be, and then jim bean sees john up his price and moves his prices up too).</p><p></p><p>My take on the economy? It will be fine in most markets for the first few years, but in about 3-4 years from now is gonna see some rough spots as the US dollar loses ground to the world markets and America is not such a great trading partner cause they want to support unions and initiate programs to keep the business at "home" for the American workers, and sever trading relationships with China, Canada and Europe.</p></blockquote><p></p>
[QUOTE="Friendchicken, post: 2995548, member: 3298"] Also, When you are looking at economics, its not about seeing values rise and fall that is important. It's being able to predict and forcast based on past occurences and trends. Economists, banks, and moneywatchers really don't get upset with large sweeps or changes to the value of money that floats in the market. It's the anomalies that get their panties all bunched up cause they no longer can forcast who will make money tomorrow or the next day, when people who pay them for these analysis expect them to be right. It's like the weather channel. You KNOW the sun will come up tomorrow and the moon will come up at night, but what happens when there is an eclipse? All kinds of paranoia and foracsts of "recession" or "depression". And if you know anything about the economy, any mis-step will cause the spiral of the economy into a downward turn and steps to "right the ship" can make it sink even faster. Even if the economy starts moving to a positive slope, you can't take a chance that it rise too fast or else the market won't have time to adjust (john smith sees the price or oranges go up, so he raises his before knowing what the market adjusted price should be, and then jim bean sees john up his price and moves his prices up too). My take on the economy? It will be fine in most markets for the first few years, but in about 3-4 years from now is gonna see some rough spots as the US dollar loses ground to the world markets and America is not such a great trading partner cause they want to support unions and initiate programs to keep the business at "home" for the American workers, and sever trading relationships with China, Canada and Europe. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting read about the economy.
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