See why iWebFusion's the BEST EVER WebHost ANYWHERE GLOBALLY

Analysis of the 21st Century World Recession;
the Global Financial/Economic Crisis


FULL detail of the Analysis of 21st Century World Recession

by
Russell G H Mathews BCom BSc(maths) LLB BA(maths) See details


I make no pretense at fully understanding the 'global economy'. However, my thesis is that no-one else does either.

No-one understand how ALL the variables in this multi-variable model inter-relate. I doubt that anyone can even enumerate them all, let alone even count them all, or how they inter-relate. It is human nature to attempt to make order out of disorder. It is easy enough to start naming variable/parameters of our economy or global economy: interest rate, unemployment rate, standard hours worked per week, exchange rate, cpi, 'inflation rate', tax rates, volume of money, debt levels, quantum of foreign debt, ... It is not then difficult to 'measure' some of these variables and then 'model' how they inter-relate. Keynes did this in the wake of the 'Great Depression' nominally beginning in 1929. These would be 'theorists' then make the unvalidated assumption, which I proffer is incapable of validation of ceteris paribus; All else being equal.

The economy was in a state of 'Dynamic Equilibrium'.

World political leaders then pontificate that they understand the reasons for the Global Financial Crisis, [really Global Economic Crisis], and importantly how to overcome it. We have all heard all world leaders admit that they do not understand what is happening, not. So much for the TRUTH, THE WHOLE TRUTH & NOTHING BUT THE TRUTH. Clearly, they are liars. That is corruption and it is corruption, on a global scale, that has got us into this global mess. The corruption preceded 'sub-prime mortgages'.

The linchpin is 'PRODUCTION'. That is the important variable. The PRIME VARIABLE is NOT, money supply, consumption, debt level,

For many years now there has been a 'consumption splurge' in the western world. Consumption was too high by common agreement. Citizens were encouraged by governments to consume less, and save more. Governments were limited in what they could supply without 'overheating' the economies of the world. If governments tried to supply the items in the nature of capital goods/infrastructure that they should have been supplying, that would have created excess demand so driving up the 'inflation' rate. Citizens were not of a frame of mind to save more.

Now, those governments have their wish; consumers who are prepared to consume less, & SAVE MORE, yet the governments of the world gravitate to mass hand wringing. Governments of the world now have the opportunity to increase their spending on 'capital good' [ie other than 'single use' goods], and infrastructure, but are stuffing around instead, resembling headless chooks.

The morons in government around the world were heard to say, "How will we pay for it?" With MONEY. "Okay, but from where will we obtain this extra money?" Borrow it from the people who are saving it in the banks that the government has guaranteed, or from those banks..

This recession being experienced by the world now in April, 2009 will not be over soon. The 'governments' of the world, including the UN, IMF etc are responsible for this economic mess. The basic cause if FRAUD & CORRUPTION. Even within national economies, sectors are interdependent. Hence, provision of finance affects so many other sectors. For instance, to 'favour' on sector of the economy, say the motor vehicle industry, is to necessarily disadvantage another sector or sectors of that economy, and importantly, lead to a less than ideal allocation of resources. The ones disadvantaged are the less vocal. This is the slippery slope. The extent of this 'favouring' is exacerbated, to the extent that it or aspects of it can be kept confidential/secret. The Internet can have a major impact on diminishing the extent to which FRAUD & CORRUPTION can be kept secret. The internet will also have a major effect on discussion disproving so much government 'spin'.

There is so much wrong with the economies of the world. There are at present many major structural flaws [the term 'inefficiencies' doesn't really cut it], in the basics of many economies. Investors and 'p[layers' in the various economies cannothave complete faith in any economy while these basic flaws persist. The economic 'times' are unlikely to improve while governments favour [prop-up] inefficient industries such as motor vehicle manufacture.

A major shift in the economies of the world, the effects of which are barely evident at present. That is basically due to the advent of the Internet. The Internet will change the very nature of 'work'. Air travel for intercity 'meetings' will be much curtailed due to the increasing intrusion of 'video conferencing'. Working from home is increasing quite rapidly at present. The rate is accelerating. This will continue. This will greatly reduce the amount of travel and all the consequent disadvantages of travel, and commuting.

Because of the Internet, the world will never be the same as it has been, ever again. The populations of the world will come to realize this, and will have no confidence in any politician who says to trust him, and that it, "the great recession", will soon be over.

FULL detail of the Analysis of 21st Century World Recession


See why iWebFusion's the BEST EVER WebHost ANYWHERE GLOBALLY

Postby russellm » Sun Feb 15, 2009 11:14 am

Image

Australian police tried to have our webhost, iWebFusion, World's BEST Web-Host, take down some of our websites with this Email of Corrupt Police, with my additional comments and links. In 2006 Australian police had tried to have an Australian Web-Host, take down our then site. We will now avoid that Australian Web-Host like the plague.

We have learnt from personal experience. It is very difficult to find a good web-host, but we know some to avoid and one particular WEB HOST to avoid. iWebFusion, World's BEST Web-Host is one we recommend because we KNOW they are EXCELLENT: EXCELLENT DISK SPACE, EXCELLENT BANDWIDTH & EXCELLENT PRICE making TOP VALUE. That was the reason we signed with iWebFusion, World's BEST Web-Host up in the first place. Now they have us for all times, because of their excellent service of chasing down our errors, [each our fault, as we have some pretty complex php programs running], and because, THEY TOLD THE AUSTRALIAN POLICE WHERE TO GO. [Anyway, the Australian police were acting ultra vires [beyond power - legal term.] Our first webhost was happy to help the police corruption.. YOU CAN TRUST this recommendation, because there is EVIDENCE THAT iWebFusion, World's BEST Web-Host, IS THE BEST. You owe it to yourself, to check them out.

We have a philosophy and policy of helping those who help us, and in fact going out of our way to help those who help us. We find this is good policy because when other people see this, they too are inclined to help us.

Also, there are many parasites in this world. We have found that the Internet is an ideal niche where we can 'reward' those who try to harm us. Since there are so many evil parasites, we have many parasites in our sights. There are so many more parasites than good people in this world. We do not want to be viewed as attacking everyone. Hence, whenever a good person or group appears, because there are comparatively so few, we cannot avoid rewarding good effort. Hence, we wish to reward iWebFusion, World's BEST Web-Host.

Because iWebFusion, World's BEST Web-Host have been so good to us, we want to thank them, by recommending them to other Internet uses who want to have their own website. The main thing you want when you have a website is to be available on the internet, FULL TIME. iWebFusion, World's BEST Web-Host have their data centre in Los Angeles, California, right on the world's major internet trunk route, meaning the quickest access, anywhere on the globe.

We also wish to reward YOU for viewing our website, and so can advise you on all theFREE SOFTWARE YOU NEED TO PUBLISH YOUR OWN WEBSITE, including a FREE BONUS to make you new website really look so professional. Check it out.

Image
regards,

Image
CLICK on image => My Election HOMEPAGE

Russell G H Mathews BCom BSc LLB BA
View list of my WEBSITES and Bulletin Boards

Email: http://HaigReport.com/eml.html
User avatar
russellm
Site Admin
 
Posts: 25
Joined: Tue Jan 13, 2009 3:42 am

Return to Analysis of the 21st Century World Recession

Who is online

Users browsing this forum: No registered users and 2 guests

cron