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The BEA’s Radical “Savings Rate” Revision—-Beijing Class Fudgery
08-06-2018, 02:28 AM,
#1
The BEA’s Radical “Savings Rate” Revision—-Beijing Class Fudgery
The BEA’s Radical “Savings Rate” Revision—-Beijing Class Fudgery

Last week, the US Bureau Economic Analysis unleashed some statistical goalseek magic that would make Beijing thoroughly fabricated economic “data” blush for days: as part of the comprehensive GDP revision carried out every five years by the Commerce Department’s BEA, US economic history was rewritten and in a shocking development, the annual saving rate was […]


http://davidstockmanscontracorner.com/th...s-fudgery/
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