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[█▓▒░ The Recession ░▒▓] the_recession: Newsflash:: In other words, history suggests that when these two measures of national output disagree, GDP tends to get revised in the direction of GDI and not the other way around. So, if this relationship holds, it would be prudent not to dismiss the latest divergence in the two measures because it suggests that the decline in national output has been more protracted, and the recovery (through the third quarter 2009) more modest, than what is being reflected in GDP...

[Ken Eisold - What You Don't Know You Know] Ken Eisold - What You Don't Know You Know » Blog Archive ...: Clearly we would all like to believe that the recession is over.  Moreover, the purchase of stock is essentially a bet on future growth, and investor optimism can be a self-fulfilling prophecy.  But it seems clear that the lens of GDP is one that belongs to economists, businessmen, and members of the financial industry.  That’s how they see it.

[Serinova Financial Commercial Finance Blog] Economy Remains in Severe Recession: As shown in the accompanying graph, year-to-year GDP change remained deep in recession territory, and it remains likely to continue in negative territory well the into next year. With a quarterly contraction in the fourth-quarter GDP, the pace of annual decline would pick up, again. In the unlikely event that the Bureau of Economic Analysis can keep its fourth-quarter GDP estimated quarter-to-quarter growth in positive territory, the pattern unfolding here soon would become recognized as a double-dip recession. The worst of the U.S. economic contraction still is to come. 

[Shadow Government Statistics] May 2008 - Overview: April’s annual non-core and core inflation rates tended to hold at prior-month levels or one notch lower. Nonetheless, annual inflation rates should continue rising well into 2009, with mounting inflationary pressures reflecting the increasing impact of energy-cost damages to the general economy, combined with pressures from a weak dollar and extremely high monetary growth.

[Haq's Musings] Haq's Musings: South Asia Slipping in Human Development: Human Development Index (HDI) ranking of eight major economies of South Asia in the 2009 Human Development Report, released earlier this week, show a dismal record with all countries relegated to the third category of medium development states with the global rankings falling in the second half of the listings of 182 countries. Topping the ranking list of the South Asian nations in 2007, the date for which comprehensive data was available, was Maldives (95), followed by Sri Lanka (102), Bhutan (132), India (134), Pakistan (141), Nepal (144), Bangladesh (146) and Afghanistan (182).

[Shadow Government Statistics] February/March 2008 Newsletter: The SGS-Alternate Consumer Inflation Measure (I.8), which reverses gimmicked changes to official CPI reporting methodologies back to 1980, was roughly 11.6% in February versus 11.8% in January. The eight levels of annual inflation, I.1 to I.8, are detailed in the table in the Alternate Realities section, along with the graph of SGS-Alternate Consumer Inflation.

[Palashbiswaskl's Weblog] NOBAMA: Bengal Dies for BRANDS Buddha and SURABH as Bengalies Live ...: In September, Karat had written in party mouthpiece People’s Democracy: “Events over the decade of the 1990s have borne out the fact that financial liberalisation does not contribute positively to investment and economic growth. Countries which enthusiastically opened up their financial sectors in order to attract capital inflows often experienced enhanced volatility in their financial markets and speculative attacks on their currency.”

[BBC Blog Network] BBC SPORT | BBC Sport: Olympics blog blog: For example, China is extremely strong in table tennis, and if China can enter as many table tennis as it wants (or proportional to its population size), it can probably sweep all 6 team medals (gold, silver and bronze for men and women), but by rule, China can only enter one team of men and women each, and thus China can win no more than 2 team medals. And you throw in the factor that even the best athlete cannot be 100% all the time and will make mistakes sometimes (Lolo Jones for example), you can argue that to a certain extent, all else being equal, someone from a smaller nation has a better shot at winning medals if that nation can concentrate their resources on certain events or if that person is talented in certain area (Jamaica vs.

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