Comments on: DAVID ROSENBERG INTERVIEW http://pragcap.com/david-rosenberg-interview-2 Sun, 12 Feb 2012 06:49:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Aki_Izayoi http://pragcap.com/david-rosenberg-interview-2/comment-page-1#comment-3923 Aki_Izayoi Sat, 01 Aug 2009 00:20:08 +0000 http://pragcap.com/?p=7007#comment-3923 Prag, you do not care about whether GDP contracts 1% or whatever... you do not care whether it registers a positive number right? All I know that if a "recovery" happens GDP growth will be less than 2.5% and 1.5% might be too optimistic. 1% is what I expect... I do not think that will be enough to revive sentiment. I am more interested in the trade data though. Of course, I am framing the context of the question in regards to trading. Employment is going to be bad. I understand what I think of the US situation... look up "Japanese herbivore men" and "hikikomori" and it will be worse than that. That's what you get in a deflationary environment. Prag, you do not care about whether GDP contracts 1% or whatever… you do not care whether it registers a positive number right? All I know that if a “recovery” happens GDP growth will be less than 2.5% and 1.5% might be too optimistic. 1% is what I expect… I do not think that will be enough to revive sentiment.

I am more interested in the trade data though.

Of course, I am framing the context of the question in regards to trading.

Employment is going to be bad. I understand what I think of the US situation… look up “Japanese herbivore men” and “hikikomori” and it will be worse than that. That’s what you get in a deflationary environment.

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