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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (87914)10/24/2007 5:53:53 PM
From: Mike Johnston  Read Replies (3) | Respond to of 110194
 
What i am curious to see is, how will they spin an eventual 30% inflation rate into an official 4.9% core CPi reading.

-g-



To: ggersh who wrote (87914)10/24/2007 5:55:20 PM
From: Mike Johnston  Respond to of 110194
 
Adjust a nominal GDP for a true level of inflation and the country has been in recession since 2001.

20% presidential approval ratings do not happen in a booming economy.

The economy is only booming for those making over 10 million a year.

Even those in the upper middle class that make 100K + are struggling since that amount will only buy what 50K bought 5 years ago.


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