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

To: Haim R. Branisteanu who wrote (102127)	7/31/2013 7:39:09 PM
From: TobagoJack	Read Replies (2) \| Respond to of 219497

From: H Sent: Thursday, August 1, 2013 1:35 AM Subject: Re: too funny not to pass along If the same GDP 'deflator' as in Q1 had been used, GDP would probably have contracted. Official GDP with the BEA’s GDP deflator (0.71% which is rounded in the popular press to 0.7%) gives us the official GDP of 1.67%, which rounds to 1.7%GDP with a hypothetical 1.6% deflator (as forecast by Briefing.com) would have been 0.78%, which rounds to 0.8%. GDP with the average deflator over the past 14 quarters (which is 1.75%) would have been 0.64%, which rounds to 0.6%.http://globaleconomicanalysis.blogspot.co.at/2013/07/about-that-beat-street-gdp-number.html advisorperspectives.com On Wed, Jul 31, 2013 at 5:25 PM, R wrote: J, unfortunately, your story is real but as I was just informed, the bank robbery was staged. However, I don't know if I can laugh about the GDP spin. In theory, we may never have recession, depression, ever again because if our government does not like the numbers, simply change them. On Wed, Jul 31, 2013 at 7:09 AM, j wrote: Almost as funny as the latest in history of spin GDP revision that essentially restated away the Great Depression, zero-ed out the 70s' inflation, filled in the dot com bust, flatlined the housing crater, and faded out the Lehman moment. Given that there is no recession, never mind depression, we now no longer have to look forward to recovery, as there cannot be recovery from perfect health. As and when either municipals go kaboom or student loans go kibosh, we can look forward to revision mark II, that which would restate away Black Death and the fall of Rome earlier. Yes, the Detroit bank robbery comes close in funny, but there is still a gap :0) On Jul 31, 2013, at 8:45 PM, R wrote: facebook.com