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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: DinoNavarre who wrote (65185)8/12/2010 4:41:07 AM
From: TobagoJack4 Recommendations  Read Replies (3) of 217579
 
the study makes an important point near the end, that if so, 10 tril so, then what was a bubble w/i an environ of dubious govt stats denigrated by the bears all of a sudden becomes robust and sustainable growth w/i an arena of equally dubious govt stats

so, bottom line, do we put faith in the govt's ability in talking up the numbers or do we maintain conviction that the people, the good down to earth people, are genius at hiding income and escaping the tax net?

well, if we are talking about the chinese, i would bet on the people's astute agility and asymmetric ability to escape the tax net

if we are talking about the usa homeland, i would wager on the officialdom's capability, capacity, and inclination to lie and steal from the hapless population
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