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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 413.19+1.1%4:00 PM EST

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To: Breccia who wrote (52952)8/1/2009 5:17:51 PM
From: Gib Bogle   of 219036
 
The charts on that page are labelled GDP, but the values are %. I presume he means GDP annual growth. If that is correct, the annual rate of GDP growth has fallen from 11% to 6%. This is indeed a significant drop, rather similar to what China has experienced, but it's still much better than many other countries. Wasn't a figure of about 2% recently reported for the US? The reason for Peru's relatively good economy is of course its export of minerals, to China especially.
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