economic impact Archive

economic impactUSA weak but long recovery could last another ten years

Based upon elapsed time since the last recession the USA is due for another recession. However, the US recovery has been exceptionally weak. Previous growth cycles in the USA have had 40% to 90% cumulative GDP growth. The USA is …

economic impactBoeing believes mach 5 hypersonic passenger planes might have better economics than mach 2 supersonic

Boeing has selected mach 5.0 as the top speed for a hypersonic passenger jet because that greatly simplifies the structural materials and the propulsion. Standard titanium alloys used in aircraft and jet engines today are strong enough to survive the …

economic impactUS Tariffs and Sanctions crushing Turkish Lira, Russian Ruble and other currencies

The Russian Ruble is at its weakest level in nearly two years with ruble touching 66.7099. The US will be applying new sanctions for Russia’s use of a chemical agent, Novichok, to poison former Russian spy Sergei Skripal in the …

economic impactTesla shorts will get a final loss of about $2.7 billion

There were about 34 million Tesla shares that were shorted. The last day and the likely final buyout price of $420 means that shorts lost about $80 per share. This would be about a $2.7 billion loss for the shorts …

chinaChina is spending millions on engineering and geological work for the 84 mile rail tunnel to Taiwan

In 2017, Chinese Academy of Engineering completed a detailed design for an 84 mile long Tunnel to Taiwan. The Academy is the largest central governmental advisory body on infrastructural construction. Beijing included a cross-strait high-speed rail network in its then-new …

economic impactUS tracking to 4-5% GDP growth in third quarter and 4% for 2018

The Atlanta Federal Reserve GDPNow forecasting model provides a “nowcast” of the official estimate prior to its release by estimating GDP growth using a methodology similar to the one used by the U.S. Bureau of Economic Analysis. GDPNow is not …

artificial intellgenceTech and Economic Boom for a Roaring 2020s

Many people are worried about their future jobs and about long recessions and economies collapsing. There is a good chance that there will be a strong global economic and technological boom throughout most of the 2020s and 2030s. Instead of …

economic impactShark Tank Kevin O’Leary seems optimistic about trade war and trusts Kudlow, Mnuchin and Ross

Kevin O’Leary is a Canadian businessman, author and television personality. He co-founded O’Leary Funds and SoftKey. He is famous for being on the Shark Tank TV show. Kevin has a net worth of over $400 million. China also has higher …

artificial intelligenceBubbles or multi-trillion dollar futures for Blockchain, Cryptocurrency, AI and Cannabis?

The dot-com bubble was a historic economic bubble ran from 1997 to 2001. It was a period of extreme growth in the usage and adaptation of the Internet. Between 1995 and 2000, the Nasdaq Composite stock market index rose 400%. …

blockchain16600 new Chinese companies describe their business using the word blockchain

China now has more than 4,000 companies with blockchain in their name. (Qixin search) Blockchain is the technology behind cryptocurrencies like bitcoin and ethereum. Qukualian, the Chinese translation of blockchain, was used in the registered names of 3,078 companies so …