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Date: 2010-02-11 | Added by: Amp4
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1 Possnjen   (2012-08-23 6:45 AM) [Entry]
You think I am not informed? You can think so.But I can show whole stcitstias of Armenia that shows almost all the economic and demographic indicators are bad. You are foolished of 13% economic growth.Ara, you need to have not only information, but also understand the underlying reality of those numbers, and you have to see the whole picture.In August of 2008, I represented 3 economic models in front of Central Bank main staff, including the chairman of Tigran Sargsyan, and proved that all this dollar appreciation is not explained by economic indicators.I asked the main policy makers very important questions that they need to know about economy, but NO answer. It does not mean they do not know, they just accepted that they know, but they cannot talk about that. It was about the dollar appreciation, was about real inflation (I proved them that inflation is higher than the Central Bank Reports, I proved by economic and mathematical models, not by taking couple of prices from the market), it was about economic recession in industry sector, it was about export decrease (in Armenian Drams or in real commodity Armenian export did not rise within last 7-8 years, it doubled in US DOLLARS ONLY, but US DOLLAR APPRECIATED in 50%), I also represented the model about the transfers we receive from abroad, the real number, the impact of transfers on the economy and et. and etc..Then a week later Tigran Sargsyan victoriously invited all the discussion members to represent the new economic model that the Central Bank created. Within 1 hour, 3 of independent economist (including me) proved them that the whole concept of their economic model is based on unreal assumptions and expectations. We asked couple of theoretical questions, and techniques they used, then one I raised question about the RIGHT USE of their theory. Then a FOREIGN economist from big international organization stood up and backed us (3 of us) and supported that whole theory and statistical improvements they have used in their model are not supported by the theory.So, what does this tell you. They just sit their in their cabinets and try to make numbers, they are just manipulating with numbers. I am insider and I know all this, I know all statistical yearbooks 100%, almost each number, each indicator. I just do not believe in the statistical Data the Armenia Represents. We have found many unmatched data in stcitstias (the most important one, 10 years in row the Armenia experiences economic growth and 10 year in the row, the consumption of electricity in Industry and production (including services) goes down).What does this tell you? Judge yourself.And to all those semi-educated, semi-informed guys who try to make point here, that Armenians are happy, the migration was in postive balance (25,000 last year), I will say go and get whole picture, and all the stcitstias and try to analyze. If you cannot, I will help you.Do not bull-shit anymore. Anyone here who has one piece f information tries to represent as a Fact, but it is not. Because first of all you do not have CORRECT information.Armenian Economy is on the needle (ASEXI VRAYA), if you do not have the transfers from Russia, US, if you do not have the foreign investments from Diaspora especially in the housing market, if you do not have foreign financing of budget deficit, the you do not have sustainable economy.Within last 10 years our Economy went down QUALITATIVELY, but due to above mentioned inflows of foreign currency we had some kind of growth (not 13-14%, but 6-8%), and experienced some stability.So go and think about your Serje, and emigration. Armenian Population did not rise within last year, otherwise we would have more production of bread and sugar (I am not talking about other products, that I could include in my analysis). SO, THINK FIRST and then say that we live better, we are happy, that people are coming back to Armenia (25,000 posyitive balance? It's just a BIG LIE).

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