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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (98375)6/6/2009 11:30:18 PM
From: mishedlo2 Recommendations  Read Replies (1) | Respond to of 116555
 
How To Balance The California Budget - You Decide
globaleconomicanalysis.blogspot.com
The Los Angeles Times has an interesting Interactive On Balancing The California Budget.

The Times says "It’s not easy" but I think it is trivial. In fact I ended up with a $4.469 billion surplus as shown below. ...

Mish



To: Little Joe who wrote (98375)6/7/2009 3:16:51 PM
From: mishedlo3 Recommendations  Read Replies (1) | Respond to of 116555
 
Optimistic Unemployment and Housing Forecasts Looking Downright Silly
globaleconomicanalysis.blogspot.com
Economics may be the "dismal science" but economists as a group sure seem to be an optimistic lot. Yes, there are a handful of "doomers" like Nouriel Roubini but most economists did not see the recession coming until it was already 10 months old.

Please consider unemployment forecasts. The Fed forecast unemployment at 8.4% in 2009 and the "adverse forecast" was at 10.3% in 2010. ...

Mish