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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject10/10/2003 3:02:37 PM
From: energyplay  Read Replies (2) of 74559
 
Thought I would take a crack at the " US personal savings rate" while I'm talking about bad numbers.

Note that the calculation does NOT include personal capital gains ! This will cause it to miss about a Trillion dollars or so....

ALso, under ground economy doesn't show up.

Whole idea of adding up a bunch of large numbers (incomes) then subtracting large numbers to get a smaller number (saving) is flawed - amplifies errors enormously.

bea.doc.gov

This means J6P is not as deep the hole as thought.

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Would some one post a link to the "hedonic deflator" effect on productivity numbers ?
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