Tag: accounting

November 11, 2013 0

Japanese Households With Zero Savings Hits 31%, Most Since 1963; Sexless Youth; Currency Crisis Awaits

By News Desk

In case you missed it, please consider my October 22, 2013 report on Japan’s Sexless Youth Here are some stats according to the Japan Family Planning Association (JFPA) 45% of women aged 16-24 "were not interested in or despised sexual contact". More than a quarter of men felt the same way. Population of 126 million has been shrinking for the past decade Population projected to plunge additional one-third by 2060 Survey in 2011 found that 61% of unmarried men and 49% of women aged 18-34 were not in any kind of romantic relationship Fewer babies were born in 2012 than any year on record

November 8, 2013 0

Expect Another Leap in Healthcare Costs; New Obamashock Rules: Obamacare Expanded to Cover Mental Health and Addiction

By News Desk

A few snips from the New York Times article Rules to Require Equal Coverage for Mental Ills will explain. The Obama administration on Friday will complete a generation-long effort to require insurers to cover care for mental health and addiction just like physical illnesses when it issues long-awaited regulations defining parity in benefits and treatment

November 8, 2013 0

Establishment Survey: +204K Jobs, Household Survey: -735K Jobs; How Federal Layoffs Distorted the Picture

By News Desk

For further discussion of income distribution, please see What’s "Really" Behind Gross Inequalities In Income Distribution? BLS Birth-Death Model Black Box The BLS Birth/Death Model is an estimation by the BLS as to how many jobs the economy created that were not picked up in the payroll survey. The Birth-Death numbers are not seasonally adjusted, while the reported headline number is.

November 7, 2013 0

It Can’t Be Done

By News Desk

The New York Times reports Chinese Leader’s Economic Plan Tests Goal to Fortify Party Power China’s president, Xi Jinping, is about to plunge the country and himself into a risky experiment: an attempt to carry out market-driven economic overhauls while reinforcing the Communist Party’s pillars of political and ideological control. This mixed agenda has magnified doubts about whether he can deliver on his promises of transformation. At a meeting, or plenum, of the party’s Central Committee that starts Saturday, Mr.