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  • Economic and Financial Bad News [View article]
    LOL dow hitting 20,000. As for 0.03% revised up, I think a revision downward is more probable although the economic number manipulation in the Bush Jr. era is questionable at best and downright criminal at worst. Real unemployment is at record highs and inflation wasn't tamed before and now is probably deflationary now. So obviously, the manipulated numbers help the official disclosure but in the same respect, ity makes it impossible for the Fed and others to be ahead of the corve since they essentially obscured any insight they might get from honest economic readings.

    I think we need an independent statistics administration. Stop screwing with economic data.
    Oct 30 14:10 pm |Rating: 0 0
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