Posts Tagged ‘Gross Domestic Product’
Forecast: Stagflation
One indication that the US and world economy is not as healthy as many pundits would have you believe is the distribution of wealth – or lack thereof in the younger segments of the population. For purposes of this article, a baby boomer is defined as someone born between 1946 and 1964, and…
Read MoreThe Metric is Flawed
It’s an often-overlooked point: currency devaluation makes reported economic data appear better than it really is. Stated differently, when the measuring stick or metric used to measure anything is changed, reported data changes by virtue of a changing metric regardless of the actual data. Let me give you an example that I…
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