It's The Economics, Stupid!
Features:
2. Bubble Economic Era 1985 – 2010
- Can’t they see what is happening?
- The fundamental basis of the capitalist system – the banking industry
- Confidence is the key to understanding money
- Minieconomics is the key to understanding economic cycles and our future
- Anticipation of change is speculative
- Playing trends is also a dangerous game
- They make hay in good times and, hopefully, porridge in bad
- Executives more interested in managing the stock market than their companies
- Executives have tried to emulate the investment fund managers
- It’s so easy; let us do a bit more
- It is not just the industrial corporates
- Investment analysts with divided loyalties
- Investment banks have too much information and influence
- Who can you trust?
- Alan Greenspan? Sir Edward George?
- Impossible to build on shifting sands
- Don’t trust the status quo Economists
- ---or the micro-economists
- ---or the macro-economists
- Applying economics to reality, not reality to economics
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