Post
Topic
Board Economics
Re: U.S dollar almost equal to Euro
by
stompix
on 08/08/2022, 08:26:36 UTC
I think you are very optimistic with these statistics. Personally, I have little confidence in statistics, as it is not unusual to see two economists arguing the opposite on the basis of statistics, sometimes on the basis of the same studies.

If you have little confidence in statistics then what do you believe?
Random twitter accounts that have predicted 100 crashes, war nuclear destructions, and famine? Or let me quote :

Same goes for Zerohedge, the site that predicted 200 of the last 2 recessions.

The data is there, it's no statistics that can be misinterpreted in both ways, like for example unemployment in Belarus, where of course nobody signs up for unemployment benefits because they pay 2$ a month. This is an actual number of people employed, with contracts with wages.

And if you're from Europe you can't possibly deny that everyone is hiring and nobody has enough workers right now, it's not a crisis where people can't find a job, everywhere you go there is a job opening.
You're from Spain, are your beaches empty? Are the hotels empty? Or do you see surging numbers of tourists partying all night?

For example, I think it is positive that in Europe there is less difference between rich and poor, but I don't think that the situation in Europe at the moment is something to boast about. And I hope I'm wrong, but the future looks bleak.

I'm not boasting about anything, I'm just saying that despite all the doomsday rumors spreading around here, where everything in the economy is going to collapse since we need the world to be destroyed in order for Bitcoin to thrive on our corpses, things are not that bad!
Of course, they could be far better, but it's nowhere near the level some want to paint.