Dismiss Notice
Welcome to IDF- Indian Defence Forum , register for free to join this friendly community of defence enthusiastic from around the world. Make your opinion heard and appreciated.

Economy News

Discussion in 'World Economy' started by Indian_Idol, Jun 2, 2010.

  1. Averageamerican

    Averageamerican Colonel ELITE MEMBER

    Joined:
    Oct 3, 2010
    Messages:
    15,000
    Likes Received:
    2,256
    Country Flag:
    United States
    Gas in the USA is now from 1.50 to 2.00 $ per gallon, part of it is more supply, but a part of it is a higher value dollar. Gas prices are in dollars and higher value dollar means more gas per dollar.
     
  2. vstol jockey

    vstol jockey Colonel MILITARY STRATEGIST

    Joined:
    Mar 15, 2011
    Messages:
    12,168
    Likes Received:
    11,838
    Country Flag:
    India
    Our FM is a third rate individual and needs to be kicked on his backside by an elephant. Only good thing is that he is going to be removed and our present Def. Min will become the FM of India by August.
     
  3. Averageamerican

    Averageamerican Colonel ELITE MEMBER

    Joined:
    Oct 3, 2010
    Messages:
    15,000
    Likes Received:
    2,256
    Country Flag:
    United States
    What I wonder is if India can achieve the expectations it has for the future. I hope very much that it can. India is pretty dysfunctional, Muslims, Caste, gender, corruption, cronyism even slavery makes it pretty long odds.
     
  4. Averageamerican

    Averageamerican Colonel ELITE MEMBER

    Joined:
    Oct 3, 2010
    Messages:
    15,000
    Likes Received:
    2,256
    Country Flag:
    United States
    Have you ever noticed that USA has 330 million people and the U.S. economy added 215,000 jobs in March, a healthy gain. Economists surveyed by CNNMoney had predicted there would be 199,000 new jobs.

    But India with 1.3 billion people adds only about 150,000 jobs per quarter

    Each of the jobs in India only produce 15 percent of an employee in USA.

    Labour productivity in India, 15% of US productivity
    Mythili Bhusnurmath, ET BureauFeb 12, 2011, 03.08am IST
    [​IMG]
    [​IMG]

    Despite rapid growth over the last decade, labour productivity in India is still much lower than in many other countries. According to the McKinsey Global Institute, 2001, it is only 15% of US productivity. There are also large variations in productivity levels within the country.
     
  5. Picdelamirand-oil

    Picdelamirand-oil Lt. Colonel MILITARY STRATEGIST

    Joined:
    Jun 20, 2012
    Messages:
    7,397
    Likes Received:
    4,838
    Country Flag:
    France
    ALBERT EDWARDS: A 'tidal wave' is coming that will throw the US into recession
    Bob Bryan

    A tidal wave is coming to the US economy, according to Albert Edwards, and when it crashes it's going to throw the economy into recession.

    The Societe Generale economist, and noted perma-bear, believes that the profit recession facing American corporations is going to lead to a collapse in corporate credit.

    "Despite risk assets enjoying a few weeks in the sun our fail-safe recession indicator has stopped flashing amber and turned to red," wrote Edwards in a note to clients on Thursday.

    He continued (emphasis added):

    Whole economy profits never normally fall this deeply without a recession unfolding. And with the US corporate sector up to its eyes in debt, the one asset class to be avoided — even more so than the ridiculously overvalued equity market — is US corporate debt.

    The economy will surely be swept away by a tidal wave of corporate default.


    Edwards said that many economic researchers discredit profits as a measure of the business cycle, and it is one of the reasons why they are so bad at predicting recessions.

    Profits are on the decline for two reasons, according to Edwards. On the one hand, they are dropping because of margin pressure from rising labor costs. But this sort of decrease because of higher wages does not always signal a recession, like in 1986. Additionally, much like the mid-1980s decline, an oil-price crash is disproportionately dragging down profits.

    The second reason is because companies cannot pass on these increasing wage pressures to consumers through prices. In turn, they decrease spending and hiring, and the most vulnerable cannot make debt payments.

    [​IMG]

    Societe Generale

    Edwards enumerated three reasons why this time around is a recessionary decrease, not a 1986-style aberration. They are:

    1. "When the oil price slumped in 1986 the economy was steaming ahead at a 4% pace and so withstood the downturn in business investment."
    2. "In 1986 Fed Funds were cut from over 8% to less than 6% at a time when the consumer was re-leveraging, i.e. not debt averse as now."
    3. "Finally, companies in 1986 were not up to their necks in debt as they currently are, and their solvency now is far more vulnerable to a profits downturn."
    So this time will not be a quick, oil-driven recovery. The US is in for a full-blown end to the economic cycle.

    Edwards did include some advice to investors on how to weather the coming wave, though.

    "And if I had to pick one asset class to avoid it would be US corporate bonds, for which sky high default rates will shock investors," he wrote.

    You've been warned.

    EDWARDS: Tidal wave US recession coming - Business Insider
     
  6. Averageamerican

    Averageamerican Colonel ELITE MEMBER

    Joined:
    Oct 3, 2010
    Messages:
    15,000
    Likes Received:
    2,256
    Country Flag:
    United States
    The Sky is falling, The Sky is falling cried Chicken Little
     
  7. lca-fan

    lca-fan Captain FULL MEMBER

    Joined:
    Sep 9, 2015
    Messages:
    1,457
    Likes Received:
    2,768
    Country Flag:
    India
    India is really great in the world | MUST WATCH | Top Economy



    Very interesting video Must see. Should be Eye opener....
     
  8. Pundrick

    Pundrick 2nd Lieutant FULL MEMBER

    Joined:
    Oct 31, 2016
    Messages:
    356
    Likes Received:
    718
    Country Flag:
    India
    India has huge unorganized sector, the data you presented is from organized sector only. 80-85% of employed people in India work in unorganized sector, you will never have the proper data about India.

    Overall the job situation is not that bad because we havn't seen any kind of news of factories sacking employees or strikes happening in any major factory, so the condition is well within hands of India.
     
  9. Echo_419

    Echo_419 2nd Lieutant FULL MEMBER

    Joined:
    Oct 24, 2016
    Messages:
    105
    Likes Received:
    123
    Country Flag:
    India
  10. Nilgiri

    Nilgiri Lieutenant GEO STRATEGIC ANALYST

    Joined:
    Oct 16, 2016
    Messages:
    535
    Likes Received:
    1,278
    Country Flag:
    India
  11. Nilgiri

    Nilgiri Lieutenant GEO STRATEGIC ANALYST

    Joined:
    Oct 16, 2016
    Messages:
    535
    Likes Received:
    1,278
    Country Flag:
    India
  12. Averageamerican

    Averageamerican Colonel ELITE MEMBER

    Joined:
    Oct 3, 2010
    Messages:
    15,000
    Likes Received:
    2,256
    Country Flag:
    United States
    In October, the economy added 161,000 jobs, which was a bit below the 173,000 economists expected. The unemployment rate fell to 4.9% from 5%, as expected.

    Average hourly earnings, which is closely tracked by the Federal Reserve for signs of inflation pressures, rose 2.8% over the prior year, the biggest jump since the financial crisis.
     
  13. vstol jockey

    vstol jockey Colonel MILITARY STRATEGIST

    Joined:
    Mar 15, 2011
    Messages:
    12,168
    Likes Received:
    11,838
    Country Flag:
    India
    I had been missing you bro. what is your take on US Presidential elections now?
     
  14. Averageamerican

    Averageamerican Colonel ELITE MEMBER

    Joined:
    Oct 3, 2010
    Messages:
    15,000
    Likes Received:
    2,256
    Country Flag:
    United States
    Hillary will win, close in votes but by far most electorial votes.
     
  15. vstol jockey

    vstol jockey Colonel MILITARY STRATEGIST

    Joined:
    Mar 15, 2011
    Messages:
    12,168
    Likes Received:
    11,838
    Country Flag:
    India
    God save America. She is a disaster for the world and a bigger disaster for America. It will be very close and only Florida will decide it which happens to be your home state. Keep your guns clean, oiled and ready with tons of ammo. You will need it for second civil war.
     

Share This Page