Go moondoong, yep its a farce and you are so right the epiphany...

  1. 2,158 Posts.
    Go moondoong, yep its a farce and you are so right the epiphany was actually another moment of nonsensical bull dust.

    A socialist accountant - that is all he is on the positive side and out of respect for HC I will leave off the negative side here.

    Now what you have to realize is that Yeldub understands how the books can be fiddled. If the government spends enough it boosts the GDP. If they give enough cash out to 'save' us it can be spent and we get another short lift in retail which goes into consumption as well. They can hide spending as 'investment' no matter how bad as well and raise infrastructure bonds and sit additional debt for a failed project in the entity they create to 'mangage' said investment.

    The problem areas Yeldub should be squirming about are the so called 'surplus' and the falling exports part of the GDP equation. Whoops! But that is OK he gets on here and his unwavering bias pulls a little cord in his back preventing him from facing reality. It is all a lagging view so for now he is even right to a point - not his comments just his pretty rigged KPI's.

    Gilded - exactly - well said.
    CW
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.