Friday, January 28, 2011

4 Quarter GDP Up by 3.2%??? Clear The Smoke And Look For Yourself.

Well, the government media folks are pumping up the 3.2% increase in GDP, but they aren't telling you the whole story, or as the late Paul Harvey would say..."the rest of the story".

Read these two short articles and determine for yourself what is really happening.

The first by CNBC
Economy Grows at 3.2% Pace, Pushed Up by Sales Spike

And the other by The Market Ticker Guy, Karl Denniger
4Q GDP: Is That Daylight, Or A Headlight?

It is explained quite well by Mr. Denniger....

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