26. april 2013


Filed under: Economics, Education, ENGLISH ODER DEUTSCHES VERSION, skoler, Statistics, USA — Tags: , — Jørn @ 18:41

Source: http://online.wsj.com/article/SB10001424127887323789704578446513668963282.html?mod=djemTAR_h

“…The nation’s gross domestic product, a measure of all goods and services produced in the economy, advanced at a 2.5% annual rate between January and March, the Commerce Department said Friday. Economists had forecast a 3.2% expansion…”

Inflationen er knap 2%, så der er ikke tale om megen realvækst.

24. maj 2011

Europe Debt Concerns Grow – Spanish Vote Results, Greek Woes, Ratings Warnings Add to Fears

Excerpt from: http://online.wsj.com/article/SB10001424052702303654804576341360700625224.html?mod=djemITPE_h

“MADRID—Concerns mounted about Europe’s debt problems following a crushing defeat for Spain’s ruling party in weekend elections, compounded by infighting in Europe over whether Greek government bonds should be restructured and new warnings from credit-rating agencies.

The euro fell sharply, slipping below $1.40 for a while Monday, its lowest level in two months, and European stocks and bond prices moved lower. Government-bond prices continued their declines of last week, adding to anxiety by making it more expensive for governments to fund themselves. Spain’s 10-year government bonds now yield more than 5.5%.

The heavier-than-expected losses for Spanish Prime Minister José Luis Rodríguez Zapatero’s Socialist Party raise questions about his government’s ability to pursue plans to overhaul the euro zone’s fourth-largest economy and thereby ward off an international bailout.

Following Sunday’s vote in 13 out of Spain’s 17 regions, the Socialists could lose as many as six of the seven regional governments they controlled to the opposition Popular Party, led by Mariano Rajoy.

As part of a backlash sparked by a deep economic crisis and 21% unemployment, the Socialists polled around 10 percentage points lower than Mr. Rajoy’s party in municipalities across Spain. The Popular Party was, on average, one point ahead in the 2007 elections.

Anxieties about Europe’s debt problems have been fanned further by a dispute between the European Central Bank and euro-zone governments about what to do about Greece’s large and growing debt burden…”

4. marts 2011

Growth is not just growth – with or without inflation – it seems to be a fight for or against more inflation

It’s incredible what you have to read concerning the economic growth in Germany. The growth including inflation referred to in the papers. The last mentioned is about 2%  a year in Germany January 2011, and it has to be subtracted from the nominal growth rate. It’s almost ridiculous, especially when we read that ECB intends to raise the interest rate next month to prevent much more inflation, and EU recently began constructing a new common price-index for the member countries. The most funny is the comparison of what EU informs about the inflation-cleansed growth, and what http://www.indexmundi.com writes about precisely the same thing. There is certainly no match.

                                   Germany real growth :

Germany - GDP - real growth rate (%)

I do read 1% in 2009.

Mars 25th 2011: Gross domestic product (in USA), the value of all the goods and services produced in an economy, rose at an inflation-adjusted annual rate of 3.1% in the October to December period, the Commerce Department said Friday.

Eurostat on: http://epp.eurostat.ec.europa.eu/tgm/table.do?tab=table&tableSelection=1&labeling=labels&footnotes=yes&language=en&pcode=tsieb020&plugin=0
Real GDP growth rate – [tsieb020]. Growth rate of GDP volume – percentage change on previous year. Gross domestic product (GDP) is a measure of the economic activity, defined as the value… more

I read -4.7%, but perhaps when compared with indexmundi one of them seems to have excluded or included former East-Germany and the other have not.

Let’s take Denmark. Eurostat says real growth -5.2% in 2009. Indexmundi says real growth -1.2% in Denmark in 2009. We have also seen that the result might be pretty different when you just look at one country and its statistics, for example Denmark with a consumer-price-index and a price-index of producergoods.

We are just expected to go on while the fight continues between those who intend to make more inflation and those who intend to reduce or prevent inflation. The depth of the fall certainly depends of winners. Real growth is unattainable without urgent big structural changes. John Maynard Keynes used an expression close to a tautology: “We are all dead in the long run”. That does not need an mathematical interpretation with a model world without real human beings and no money. This world-economy we live in with money shall be destroyed once in a lifetime, because there certanly are human beings in it and money to destroy.

A new monetary system after the debt has been settled

25. februar 2011


Filed under: Economics, folkeskolen, Free Speech, skoler, Statistics — Tags: , , , — Jørn @ 09:58

Tag brød til

Når du læser om økonomisk vækst i Tyskland i disse dage er der tale om den nomielle vækst, ikke om realvækst. Der er inflationen til forskel, den gør det hele værre og skal trækkes fra den nominelle vækst. Så er det lissom sensationen bliver sat lidt i perspektiv. I sidste måned var inflationen 1,961% omregnet til årlig rate i Tyskland. I 4. kvartal 2010 var den nominelle vækst 0,5%. Så der er ikke nær så meget at gøre godt med som visse blade melder ud.

Kilde : http://www.indexmundi.com/germany/gdp_real_growth_rate.html 

(Estimeret 2009)





Man kan altid hævde det er bedre end forventet, men det er ikke de skriver.