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Friday, June 27, 2014

TRNN - Why Did Economy Shrink So Dramatically During The First Quarter Of 2014?

3 comments:

Glynn Kalara said...

I've been saying it doesn't feel good out here and this Prof. just confirms that feeling. Our economy is just treading water, if you pull out the Military /Gov't part, the Health part and Fossil fuels there is very little left of it.

Jim Sande said...

I would confer as I live in an area where the State represents a huge part of the overall economy. Take that away and I live in Flint Michigan. I think we are experiencing a little bubble and that is what is pushing the mess along The bubble is from rising homes prices and cheap credit, refi-ing at a low interest rate for example loosens up money as we know. Otherwise I agree there's not much else.

Jim Sande said...

Oops meant to write "I would concur..."