Wednesday, March 05, 2014

Economy

Microsoft faces backlash for plans to kill Windows XP in April. With all those patents, Microsoft doesn't need to care about satisfying consumers.

GDP forecast based on True (Austrian) Money Supply (TMS).
"Jeffrey Peshut shows that Real GDP peaks with a variable lag to the growth rate of the True Money Supply. In other words we should expect Real GDP growth to peak from 1 to 3 years after the True Money Supply growth rate peaks."
"Extrapolating the TMS’s current trajectory into the future, TMS growth should approach zero in early 2015, setting the stage for a credit crisis near the end of 2015 or the beginning of 2016. Based upon a one-year lag between the TMS growth rate and the GDP growth rate since 2009, the growth rate of GDP is expected to approach zero in early 2016."
That's quite a bit later than people who were predicting problems starting this month.

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