This week’s absurdly over-precise government predictions and cargo-cultism.
Having ‘dropped unemployment’ and ‘raised salaries’, as per their election promises, a Taiwanese government report now promises:
“in the absence of an ECFA, the country stands to lose 47,000 jobs and the Gross Domestic Product growth will be cut by 0.179 percent.”
“In the event Taiwan and China sign an ECFA without including the liberalization of agricultural products, Taiwan could add 105,000 jobs while the economy would grow by 0.824 percent, the report said.”
Wow! It’s amazing that they can get their numbers precise to 3 decimal places. And as always, magically, China will bring great prosperity to Taiwan, just… because! It will! Don’t argue!
Posted: October 22nd, 2009 under Taiwan.
Related articles
- Housing going crazy all across East Asia. (November 14th, 2009)
- Economic predictions going downhill. (November 8th, 2009)
- INCREDIBLY SCARY: Japan’s debt crisis. (November 2nd, 2009)
- Piggy Flu , Ciggy Flu , and others. (May 1st, 2009)
- IMF now predicting twice as big a recession for Taiwan in 2009. (April 24th, 2009)

