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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: DinoNavarre who wrote (65185)8/12/2010 4:41:07 AM
From: TobagoJack4 Recommendations  Read Replies (3) | Respond to of 217588
 
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



To: DinoNavarre who wrote (65185)8/13/2010 5:42:38 AM
From: elmatador  Read Replies (1) | Respond to of 217588
 
US must follow Germany's example: Exporting like there is no tomorrow!

We -the emerging markets- are pulling the Germans out of the dumps!

It was the strongest performance since the reunification of West Germany and communist East Germany two decades ago, the office said. The previous best was 1.9 percent growth in the first quarter of 1992.

Economists had expected second-quarter growth of less than 2 percent. In year-on-year terms, output rose by 3.7 percent.

While foreign trade was one of the key drivers of growth, household and government consumption also contributed to the rise in gross domestic product, the statistical office said.

An improving global economy has fed demand for German exports, while industrial orders and business confidence have been rising.
nytimes.com