Living In A False Data World Authoritarian governments produce fake statistics that further political goals WASHINGTON – We are used to hear that we live in a “data driven” world. Thanks to ICT and...
US GDP Down – Where Is The Consumer? Millions of Americans earn too little. There is only so much they caan buy on credit WASHINGTON – Was the low US 0.7 % GDP growth figure for the last quarter of 2015 just a...
End Of The US Recovery? The slow expansion has been going on for more than 74 months. How long before the next recession? WASHINGTON – Ultra-contrarian David Stockman (davidstockmanscontracorner.com) is warning us that the tepid economic recovery America has enjoyed so far,...
China’s Government Manipulating Official Statistics? Private forecasters indicate that China's actual GDP growth is lower that what Beijing claims WASHINGTON – A few days ago a major US newspaper had yet another story on China’s economic slowdown. Yes, China...