I have an MBA and over 25 years of experience in real estate development, stocks, bonds, finance, and forex markets. My investment approach is very simple. I find countries with the highest and strongest macro-fiscal flows and low levels of private debt and invest in them using country ETFs and ...
more I have an MBA and over 25 years of experience in real estate development, stocks, bonds, finance, and forex markets. My investment approach is very simple. I find countries with the highest and strongest macro-fiscal flows and low levels of private debt and invest in them using country ETFs and contract for difference (CFDs). I use functional finance and sectoral flow analysis of the national accounts of the nations I invest in. This is after the work of Professors Wynne Godley, Micheal Hudson, Steve Keen, and William Mitchell. Roger Malcolm Mitchell, Warren Mosler, Robert P Balan, and many others. One can analyze a country in seconds with four numbers as a % of GDP and these are G P X C where:
G] Federal spending. [P] Non-Federal Spending. [X] Net Exports [C] Credit One can then derive a set of accounting identities that are correct by definition. GDP = G + P + X Aggregate Demand = G + P + X + C or GDP + Credit. GDP = GDI G and X are regularly reported in official national account statistics and one can work out P as follows: P = G + X Asset prices rise best where the macro-fiscal flows are strongest and where the private sector balance is highest. The 20-year land/credit cycle identified by Fred Harrison and Phillip Anderson is also a key investment framework that I take into account.
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Seasonal Trading Patterns For The World's Biggest Economies
Thank you for reading and commenting.
Seasonal Trading Patterns For The World's Biggest Economies
Thank you. It is more a summary of the findings from more detailed articles on each country that I have been doing for some years.
France: Stock Market Trade Opportunity From Annual Fiscal Flows
On Limits to National Government Spending
1. An inflation rate that cannot be controlled by an interest rate.
2. The amount of real resources in an economy that one can buy in the unit of account.
Any sort of currency creation and spending can be inflationary whether it is commercial bank created money or national government created money. National government spending is no more inflationary than credit money, however, the later is celebrated and the former bemoaned.
National government spending on productive public assets that advance the public purpose such as healthcare, education, and infrastructure are inherently deflationary in that they lower the cost of business and living but in a good way that allows income to be spent on more real goods and services.
France: Stock Market Trade Opportunity From Annual Fiscal Flows
From the research of Robert P Balan.