What is the reason for the inferior quality of the capitalist "economists"?

I don't know who you are listening to but a a stock market player, I watch the signs closely. For instance in 2014, there are over 2,000,000 construction loans (some in the millions) that come due. That means the houses will either have to be sold or the construction loans will have to be converted to conventional loans. The construction loans were made on the then high value of the houses. This translates into more foreclosures and the banks having to absorb more bad loans. This is sure to trigger more bank problems.

Now bank problems filter into the rest of the market. God bless the CRA.

JD

Every economist is practicing "voodoo". The Soviet Union collapsed because none (that's 0) of their 5 year plans ever worked and their GNP couldn't support their military expenses. Economics is a big guessing game. It doesn't come close to being a science because there are too many variables to consider and the human variables are not predictive. Economic predictions make weather forecasts look solidly dependable.

It's the socialist left that has been forecasting the end of the deepening recession, as they cause it to get worse.

I don't know which kinds of economists you're referring to but it is the keynesian economists that never saw the recession coming and yet suddenly have all the solutions to it. The mainstream media is kool-aide for the masses who want 'free stuff' and can't face the reality of economic DEPRESSION.

The pro-market economists have been spot on about the economy ever since.

Have you googled Peter Schiff?

If you have investment decisions unplanned and in the hands of individuals, much depends on psychology. Hence FDR -we have nothing to fear but fear itself. Don't worry, we will go through all this again in ten years' time. And conservatives who say there should be no government involvement and only free market activity are right - but only if you want to see the collapse of apitalism and its replacement by something more rational.

Funny, I don't recall any capitalist giving an end date of the recession, but I've heard many say that government intrusion is slowing recovery down.

Economic Failures and a Centrally controlled Banking system go hand in hand. So until we get rid of the Fed Reserve and the method of fractional banking we are always going to have economic failures .

Inferior Quality. How do those buildings hold up in socialist dictator countries when an earthquake hits?

lol

Because those in charge of our government are not letting capitalism do it's thing. They are taking capital (money) out of the system and putting into the hands of an ineffective government.

Capitalism is not the problem, but those that hold the purse strings ( and those that voted for them)

Obama has been slipping them inside information.