Meraglim Blog

Growth in GDP is conventionally defined as the sum of consumer spending, investment, government spending (excluding transfer payments) and net exports. Most large economies other than oil-producing nations get most of their growth from consumption, followed by investment, with relatively small contributions from government spending and net exports. A typical composition would show a 65%

For years we’ve said that the Fed has defective economic models and the worst forecasting record of any major official institution (although the IMF gives the Fed a run for their money in terms of bad forecasts). The facts back up our claim. For eight years in a row, from 2009–2016, the Fed’s one-year forward

China’s Coming Meltdown Will Rapidly Spread to U.S.

China’s Coming Financial Meltdown

Rising Economic Head Winds