tag:blogger.com,1999:blog-8764541874043694159.post3959776691270961736..comments2024-02-28T08:32:09.106+00:00Comments on Coppola Comment: So when did this recession start, exactly?Frances Coppolahttp://www.blogger.com/profile/09399390283774592713noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8764541874043694159.post-29933219301143232242020-06-21T14:16:49.056+01:002020-06-21T14:16:49.056+01:00Coronavirus nailed a decisive nail into the coffin...Coronavirus nailed a decisive nail into the coffin of America's economic recovery. So say many experts in the States. Desmond Lackman, a researcher at the Washington Institute of American Entrepreneurship, says that Trump and his administration do not understand the gravity of the situation. And this increases the risk: the absence of quick and radical measures to stabilize the world's main economy is capable of sending the entire world economy into recession.Andre Surkishttp://www.baltic-legal.com/banking-in-latvia-eng.htmnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-9521977674563793292020-06-13T16:42:57.552+01:002020-06-13T16:42:57.552+01:00-60%
haha
the end of the USA and UK hegemony , d...-60%<br /><br />haha<br /><br />the end of the USA and UK hegemony , democracy, dream<br /><br />niceee times ahead, we were tired of the self righteousness of these folksRaoolhttps://www.blogger.com/profile/17885244547502119822noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-40007940846750134882020-06-10T16:47:33.563+01:002020-06-10T16:47:33.563+01:00Any definition of recession is somewhat arbitrary ...Any definition of recession is somewhat arbitrary in an economy which has some long-term trend rate of growth above zero. For example, an economy which has been growing steadily at 6% per annum might be considered to be in recession if the growth rate drops to 3%p.a. and stays there for a few months.<br /><br />The "standard" definition gives [too much?] importance to zero in a possible continuum of numbers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-37196170937359539612020-06-10T08:28:01.323+01:002020-06-10T08:28:01.323+01:00in explaining their rationale for picking February...in explaining their rationale for picking February as the peak of the cycle, the NBER Business Cycle Dating Committee said:<br /> <i>“The committee believes that the two most reliable comprehensive estimates of aggregate production are the quarterly estimates of real Gross Domestic Product (GDP) and of real Gross Domestic Income (GDI), both produced by the Bureau of Economic Analysis (BEA). These measures estimate production that occurred over an entire quarter and are not available monthly.“</i><br /><br />that’s not true; the monthly GDP data is released and revised with each GDP report. go to <a href="https://www.bea.gov/data/gdp/gross-domestic-product" rel="nofollow">https://www.bea.gov/data/gdp/gross-domestic-product</a> and select the “Key source data and assumptions” excel file. that file has the monthly data for each quarterly metric that goes into GDP, often as source date first, then as converted to NIPA's SAAR metrics. the BEA doesn’t compute a monthly GDP, but with a little tedious math, someone at the NBER certainly could have done that themselves…<br /><br />i agree with their recession call, btw, just pointing out they could have supported it with more data..rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-84557153236702122692020-06-10T07:57:54.628+01:002020-06-10T07:57:54.628+01:00As Frank Zappa once remarked "people say that...As Frank Zappa once remarked "people say that hydrogen is the most plentiful substance in the universe. I disagree .. it's stupidity".<br /><br />I studied for my O Level mathematics in 1968 at an Inner London Comprehensive school. We were taught, from 1st principles, how to differentiate polynomials of order 3 (and less). We were then taught the proof of the elementary Riemann Integral of simple functions. We were also required to apply these notions to simple problems including Distance/Velocity/Acceleration graphs and the notions of V = dS/dt etc. And A=d2S/dt² - part of your article.<br /><br />There is no calculus on the GCSE course in 2020. So even A☆ students have had no exposure to calculus. Most do not continue to Advanced Level. The AS experiment has ceased. Therefore only a small percentage of the population can have any idea of what a point if inflections.<br /><br />The BBC and most media outlets employ a bunch of arts graduates who express horror when confronted with the simplist of mathematical ideas and I am sad to report that many of the women turn into giggling wrecks. This is indicitive of the state of mathematical education in the UK. There are clearly notable exceptions as you have demonstrated.<br /><br /><br />Our mathematical education is very poor.<br /><br />This is a pathetic state of affairs.JoeGambithttps://www.blogger.com/profile/09619531639825941312noreply@blogger.com