Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: zonder who wrote (1808)	3/15/2004 12:39:38 PM
From: Jim Willie CB	Read Replies (1) of 116555

the govt also claims savings rate at 1.5 to 2.0% that includes $800 billion in self-paid rent to homeowners and $300 billion in self-paid credits for checking accounts take them out and you get minus $400 billion in annual savings the nice part of govt statistics is that if you read just the headlines and few followup sentences, you can receive a nice diet of distorted data VERY QUICKLY with little work you sound lazy, accepting govt statistics since most others in your field accept the same at least you are standing on the same level ground as your peers and therefore have gotten most forecasts wrong have a great day / jim

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