Tag: economy

July 28, 2014 0

IMF Warns Pound Overvalued; What About Other Currencies?

By News Desk

click on chart for sharper image Summary Note that the US dollar is about where it has been since the beginning of 2012, but higher than it was in October of 2012 when it was judged to be "overvalued". Is it more overvalued today?  Apparently the British pound, New Zealand dollar, Australian Dollar, the US dollar, the euro, and the yen are all overvalued

June 29, 2014 0

100% of U.S. Employment Growth Since 2000 Went to Immigrants

By News Desk

The Center for Immigration Studies reports All Employment Growth Since 2000 Went to Immigrants .  Actually, greater than 100% of jobs went to immigrants because the number of non-immigrants holding a job is  negative, and the total must equal 100%. On a population adjusted basis, the numbers look horrific