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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (4069)2/7/2008 8:06:01 PM
From: Real Man  Read Replies (1) | Respond to of 71456
 
Probably. His numbers show that US economy almost did not grow
at all, as jobs have been transferred from the productive
manufacturing sector to the unproductive financial/Ponzi
sector. Now 40% of SP is related to Ponzi (financial) economy.
All of the growth was underreported inflation. This
is hard to believe, even for me. On the other hand, what
goods and services does the Ponzi economy produce? None, IMHO.
He just tries to take back all inflation-lowering revisions
the BLS did to bring the CPI back to what it used to be in the
80-s.