10-29-2015, 12:28 AM
'Stavros' pid='64022' datel Wrote:I guess you still haven't learned. That makes one of us a VIER ECKE ARSCH LOCH I just looked ... I know it ain't me. I suggest you take a look at the recent data from Asian countries whose GDPs reflect whether they're selling goods to USA, Europe and China. You'll see they're all in recession. http://www.channelnewsasia.com/news/sing...18084.html WHY? Could it be that their overseas markets have cut back on purchasing because they entered recessions 6 months ago? Nah ... Or ... Maybe they're really flourishing and reporting negative growth just to fool you.
I'm not disputing emerging markets facing trouble, in fact, I argued this myself months ago:
Looking around in the world economy, there is trouble. The eurocrisis is far from solved, China is decelerating sharply and many emerging markets are in, or approaching crisis.
Trouble Is Brewing In The Markets | Seeking Alpha
Where I do take issue with is people arguing the BLS is manipulating figures for political ends. Invariably such stuff comes out of people having no experience with the way the BLS works.