Macro Voices Discussion Forum

facebook bannerThe MacroVoices Discussion Forum has Moved to Facebook

The forum topics below have been locked for update and left in read-only mode for your convenience. The MacroVoices discussion forum has been moved to Facebook. Please visit our page there to participate.

MacroVoices Facebook Link: https://www.facebook.com/MacroVoices-111172059482487


Welcome, Guest
Username: Password: Remember me
Welcome to the Macro Voices Podcast Forum!

Post you comments and questions about specific podcasts here.

TOPIC: Episode 60 - Martin Armstrong comment about UK GDP

Episode 60 - Martin Armstrong comment about UK GDP 3 months 3 weeks ago #1

  • ewearne
    Evan Wearne
  • ewearne's Avatar
  • Offline
  • Fresh Boarder
  • Posts: 1
  • Karma: 1
During the podcast, Martin Armstrong said that UK GDP hasn't grown since 1973 when the UK joined the EU. Is that true? It appears to me that it has grown: www.tradingeconomics.com/united-kingdom/gdp. Did I mishear him or is he considering real GDP growth or something?

Thanks!
The administrator has disabled public write access.

Episode 60 - Martin Armstrong comment about UK GDP 3 months 3 weeks ago #2

  • Pepe le Moko
  • Pepe le Moko's Avatar
  • Offline
  • Senior Boarder
  • Posts: 50
  • Thank you received: 5
  • Karma: 5
He actually said the PEAK of growth was in 1973. He didn't say that there was no growth, just less growth.
The administrator has disabled public write access.
The following user(s) said Thank You: ewearne

Episode 60 - Martin Armstrong comment about UK GDP 3 months 2 weeks ago #3

  • jonnage
    jonathan hendry
  • jonnage's Avatar
  • Offline
  • Fresh Boarder
  • Posts: 1
  • Karma: 0
i was a bit confused about how he spoke of a sovereign debt crisis and buying the stock market, I would have thought in the event of a developed world debt crisis, the stock markets would come off sharply.
The administrator has disabled public write access.

Episode 60 - Martin Armstrong comment about UK GDP 3 months 2 weeks ago #4

  • Michael Gebhart
    Michael Gebhart
  • Michael Gebhart's Avatar
  • Offline
  • Junior Boarder
  • Posts: 37
  • Thank you received: 1
  • Karma: 2
Armstrong appears to using something like MMT which is basically a misuse of national accounting applied to Keynesian economics. It has no capital theory. If inflation pushes up input costs faster than productivity due to mailinvestment, then you have falling earnings and stocks go down.
Last Edit: 3 months 2 weeks ago by Michael Gebhart.
The administrator has disabled public write access.
Moderators: ErikTownsend
Time to create page: 0.136 seconds

MACRO VOICES is presented for informational and entertainment purposes only. The information presented in MACRO VOICES should NOT be construed as investment advice. Always consult a licensed investment professional before making important investment decisions. The opinions expressed on MACRO VOICES are those of the participants. MACRO VOICES, its producers, and hosts Erik Townsend and Nathan Egger shall NOT be liable for losses resulting from investment decisions based on information or viewpoints presented on MACRO VOICES.

Go to top