Economic Forecasts – Schirach Report

Argentina Recreated A Reliable Statistics Agency Modern capitalism needs real data as a foundation for decisions on investments and expenditures

WASHINGTON – Newly elected Argentine President Mauricio Macri wasted no time to create a new, pro-growth business climate. He...

Italian Dreams Prime Minister Renzi indicated that, with a 0.7% growth, Italy is once again a locomotive

WASHINGTON – Hope springs eternal. Yes, but when Matteo Renzi, the Prime Minister of Italy, a country in slow...

Who Believes China’s Official Economic Statistics? The Chinese clearly publish false data. What we do not know is how big their lies really are

WASHINGTON – We all know that China’s economy is slowing down. The Chinese government itself announced this. What we...

If The US Enters A Recession, Clinton In A Tough Spot The most recent GDP numbers indicate a slow down. And the economy may get worse in 2016

WASHINGTON – Democratic presidential candidate Hillary Clinton just declared that the Obama administration deserves an “A” when it comes...

In Italy High Unemployment Is Good News Major media look for a "silver lining" where there is none

WASHINGTON – If you really, really insist on finding the proverbial “silver lining” in rather depressing news, here is...

End Of The US Recovery? The slow expansion has been going on for more than 74 months. How long before the next recession?

WASHINGTON – Ultra-contrarian David Stockman (davidstockmanscontracorner.com) is warning us that the tepid economic recovery America has enjoyed so far,...

Is China Cooking the Books On Economic Growth? Western economists challenge Beijing's figures. Growth is probably 5% or less, and not 7%, as stated by Beijing

WASHINGTON – We all know that China’s economy is slowing down. No more 10% growth, year after year. Still,...

No Real Economic Reforms In China The Communist Party needs to control the economy, in order to stay in power

WASHINGTON – Former Treasury Secretary Henry Paulson, with all his government and Goldman Sachs private sector expertise, (he was...

Japan’s Slow Suicide The sharp, protracted fertility decline means a smaller population, and a country composed mostly of old people

WASHINGTON – Japan is slowly sinking. This is due to the impact of many self-inflicted wounds, starting with the collapse of fertility rates. “Civilizations die from...

Syriza Victory Is Not A Solution For Greece The new government will probably gain some breathing room. But a socialist leadership will be unable to kickstart economic growth

WASHINGTON – As expected, Alexis Tsipras and his Leftist Syriza party won the Greek elections for a new parliament. After...