Friday, October 2, 2009

GDP from Shadowstats.com

This thing is either going to drop off the face of the earth or spring back in a 'V' style recovery back toward nominal GDP by Shadowstats and limp recovery by official stats.

The key questions are how long can belief in sound monetary and economic policy be suspended, and how long can the illusion that the modern financial system is anything but a gigantic Ponzi scheme fueled by inflation policy wizards continue?