This is to summarize some recent and older posts. In 2012, our models show:
1. Recession
2. Deflation
3. Low employment/population rate
4. High unemployment rate
5. Increasing income inequality
Without hesitation one can add:
1. Three wars for the Nobel Peace Prize Laureate
2. Threat of new wars
3. Budget deficit and the possibility of a technical default
4 Presidential election
7/17/11
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Giffen tarrifs - "Nobel Prize" goes to Trump
There is a famous economic chimera - Giffern goods. This term means that the increase in price leads to increasing demand for this goods. T...
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This paper "Gender income disparity in the USA: analysis and dynamic modelling" is also of interest Abstract We analyze and deve...
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