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Don’t Be Fooled By Government's Economic Numbers
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113 views • 01/30/2024
This Is What Countries Do When Their Economies Are Slowing
* They start sh!t — and there’s a lot of sh!t going on.
* Another $1T was tacked on to America’s national debt in the past 4 months to goose GDP higher.
* The gubment also understated inflation to arrive at ‘better-than-expected’ 3.3% GDP growth in 4Q 2023.
* It doesn’t add up.
* This is not the first time they have goosed inflation numbers.
Hedgeye Risk Management | The Macro Show (29 January 2024)
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