USA DIVERSIFIED ECONOMICS – # 1 PERIOD
How many ventures are being created? The Kauffman Foundation reports over 560,000 each month or around 7 million a year. In the USA the diversification of 37 million small business ventures, 94% are solo entrepreneurs, only 2% have over ten employee’s – created indirectly and directly 97% of all job hiring over the past ten years of time. The largest 10,000 fortune institutions from robotics AI and productivity gains downsized a net 13%. All the employment shock absorber in America is effected by the back bone of our ENTREPRENEUR SPACE in the AGE OF THE ENTREPRENEUR.
Said another way economist had thought a symmetrical coordinated global recovery was taking place.
Today after the SPRING BLOOD BATH in markets we correctly predicted in 2015 – 2016 – 2017 and into 2018 when January stock prices set an all time record – we said DUCK – and those who did lost nothing and those who stood tall lost a ton….the market lost a ton again today as we predicted this weekend.
Today we see the asymmetrical growth of nations is a myth. The only thing creating a fragile global recovery with zero inflation once oil is removed ( a speculator phony priced commodity ) – that only the USA remains a bulk head economy. China is driven by 300% Debt a year made worse by trade wars looming. The EU is so debt founded it has basically now way forward. Without SUPER BONDS the EU can’t reset its debt time bomb ticking down in Italy as we see today.
The USA is Congress passes the infrastructure bill will move from the decline GNP of today back to over 3% and higher GNP in forward years. If the FED slows down interest rate rises – we suggest two a year for years – the result would be TIME INSERTED prosperity to America the engine of the entire world.
If Congress and the Fed BUGER IT UP as Winston Churchill was found of saying – well than as Glen Beck suggests – then not so much ….not so much moving forward. RISK ON.
If Congress and the Fed get it right then the world might muddle through.
IF Congress and the Fed get it wrong than the World War III sound is the end GONG you will be hearing.
Today the economics are FRAGILE.
The World is not asymmetrically in a recovery. The World is in trade war with advance stages at the very brink – moving into WORLD WAR. Why? Failed policy and vision.
Lacking a common vision.
IS there a BETTER WAY?
You bet. It is always about options. In a new digital casino capitalism driven by digital debt fuel – we need new options for the digital landscape. With them we can all prosper moving forward. Without these new options as policy – not so much.
The cornerstone two policies are:
- SLOWER FED INTEREST RATE NORMALIZATION OVER MUCH LONGER TIME SPANS TO WORK OUT DEBT IN THE SYSTEM.
- INFRASTRUCTURE AS A FINAL CONGRESS ECONOMIC LEG TO ASSURE THE USA WILL LEAD THE WORLD INTO THE FUTURE
We’ll see if old failed policy can upgrade to new improved better policy. There are many who see the rip tide of DEEP STATE and Revolutionary change agents as the real issue over which the outcome no one can predict or know.
Only the USA has real legs as a real economic backbone globally and that folks is a fact. You’ll come to see I”m right on this even within our blundering failed policies which truly can’t go on forever. We have to get it right eventually don’t we?
Anyway no one can predict against this landscape and with that;
BERNY DOHRMANN – WHAT IS GOING ON OUT THERE TODAY