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Avinash_Tyagi on 11 July 2009
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NJ5 said:

@akuma: Look at this quote from the link you posted:

"Japan has already engaged in extensive public works spending in an unsuccessful attempt to stimulate its economy."

How does that help your case that stimulus spending is the way to do it?

As for the unemployment numbers (besides the concerns with how the measure works), it should also be mentioned that the "bottoming out" is actually just a single month of data where unemployment increased by a small amount. Let's not argue too much over a single data point which may turn out to not mean much pretty soon.

@Avinash_Tyagi: I didn't say things will go downhill as fast or deep as in the Great Depression.

There's no false bottom, because there isn't a bottom. Where did you see a bottom?

 

Leading indicators are showing us near a bottom, as I pointed out earlier



 

Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!!  It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!!  Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)