"John Williams of the Shadow Stats on the Financial Sense NewsHour Nov/15/2011 : Third quarter GDP numbers have no relation to reality. John believes unemployment hasn’t really recovered from the 2001 Recession. GDP is a nonsense number. It is a worthless number in terms of having any meaning in terms of the economy. Heavily politicized, very heavily modeled. They use extremly low rates of inflation. That number could easily be negative as well as positive John Williams of Shadow Stats says..."
at http://marcfaberchannel.blogspot.com/2011/11/john-williams-gdp-is-nonsense-number.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28Marc+Faber+Blog%29
at http://marcfaberchannel.blogspot.com/2011/11/john-williams-gdp-is-nonsense-number.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28Marc+Faber+Blog%29
