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John Williams: GDP, govt stats are BS!

November 18th, 2011

Are published government economic statistics meaningless? Reality-facing economist reveals the invalidity of using GDP (Gross Domestic Product) as a legitimate measure of the US economy’s health. Misleading unemployment numbers are also attacked. Is there an agenda behind using these faulty indicators or is it just ignorant tradition? More on John Williams: ShadowStats.com Shadow Government StatisticsAnalysis Read more…

Peter Schiff: The government will get more oppressive

September 19th, 2010

Peter Schiff, the economist who predicted this economic meltdown, reports “The government is going to get more and more oppressive as the economy gets worse”. As usual, the federal government is doing all the wrong things, trying dirty, easy tricks to try to buy some time as we face eminent currency collapse, inflation and more. Read more…

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