Poor Profits

By Econ70 | 04/02/2015

While Q1 corporate profit growth will likely be flat due to bad weather, a strong dollar and weak exports, global growth and oil prices, corporate profits have been lackluster for some time. Following a Great Recession annualized low of $674.1 billion in Q4/08, profits rapidly rose to an annualized $1.8 trillion in Q3/13, which pushed…

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Foolish Folly

By Econ70 | 04/01/2015

While it’s obvious to all that the public debt, world population, and numbers of known galaxies, solar panels, divorces, live births, live economists all continually increase, there appears no concomitant decrease in anything. This goes against the plethora of conservation laws known to science. Fortunately, in a slightly modified form, Shakespeare forecast this conundrum “The…

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