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If This is Right, Unemployment is About to SKYROCKET
Manage episode 435183302 series 2679639
Economists and officials therefore the financial media continue to downplay the plunge in US consumer confidence, repeatedly referring to it as a "vibe-cession" that doesn't fit with the current data or modeled forecasts. History, common sense, and even econometric math isn't on their, or the data's, side. All of those say unemployment is about to surge.
Eurodollar University's Money & Macro Analysis
Washington Post Why We're Gloomier Than The Economy
https://www.washingtonpost.com/wp-dyn/content/article/2008/06/17/AR2008061702463_pf.html
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
878 episodios
Manage episode 435183302 series 2679639
Economists and officials therefore the financial media continue to downplay the plunge in US consumer confidence, repeatedly referring to it as a "vibe-cession" that doesn't fit with the current data or modeled forecasts. History, common sense, and even econometric math isn't on their, or the data's, side. All of those say unemployment is about to surge.
Eurodollar University's Money & Macro Analysis
Washington Post Why We're Gloomier Than The Economy
https://www.washingtonpost.com/wp-dyn/content/article/2008/06/17/AR2008061702463_pf.html
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
878 episodios
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