tag:blogger.com,1999:blog-3448927642739850334.post6362181679285317167..comments2023-10-29T08:06:00.610+00:00Comments on The Political Economist: Merry Christmas and a Happy New 2012!Vuk Vukovichttp://www.blogger.com/profile/01878567452492217960noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3448927642739850334.post-69032402855404471722012-01-01T16:46:22.064+00:002012-01-01T16:46:22.064+00:00I agree, uncertainty is adding to the economic woe...I agree, uncertainty is adding to the economic woes around the world more than anything else at the moment. <br />I covered this in a previous blog post entitled 'restoring confidence' http://im-an-economist.blogspot.com/2011/10/restoring-confidence.html<br />It's an interesting read, one of the most viewed on the blog<br /><br />Unfortunately, I'm not your professor from the 70-ies, I was born a bit later than that :) but it's nice to know there's more Vukovics aroundVuk Vukovichttps://www.blogger.com/profile/01878567452492217960noreply@blogger.comtag:blogger.com,1999:blog-3448927642739850334.post-40239278011699099332012-01-01T01:25:41.730+00:002012-01-01T01:25:41.730+00:00The reason for the continued slump can be summed u...The reason for the continued slump can be summed up in one word, Uncertainty.<br /><br />Consider all of the following reasons for uncertainty. A feckless government, record debt, allied governments going bankrupt, coups and revolts in sensitive parts of the world, and natural disasters. <br /><br />All of these things add up to uncertainty which harms not only investment, but consumption.<br /><br />By the way, I had an Economics professor named Vukovik in the 1970'skyle8http://impudent.edublogs.org/noreply@blogger.com