“How bogus is the economic data coming out of China? Probably very bogus. Even the Federal Reserve is warning about the data. Janet Koech and Jian Wang economists at the Federal Reserve Bank of Dallas, in arecent paper, make the message clear, don’t trust Chinese economic data. Got that? The Chinese economy is deteriorating based on official data. However, the real situation is likely much worse.”
http://www.economicpolicyjournal.com/2012/09/federal-reserve-chinese-economic-data.html
Related posts:
Not So Merry Christmas Drug Busts
Most Feared City in Nebraska
Leaked Debate Agreement Shows Both Obama and Romney are Sniveling Cowards
Glenn Greenwald: On whistleblowers and government threats of investigation
Dates When PRISM Data Collection Began For Each Provider
Bitcoin Now Accounts for 10% of Sales at Porn.com
If Cops Are THIS Afraid of Each Other, Why Support Them?
Greek Island Trials Digital Currency Solution to Boost Economy
The Netherlands Must Police Downloading, EU Court Rules
Life Takes Visa—Except If You Want to Buy Pot
Fed Injects Record $100 Billion Cash Into Foreign Banks Operating In The US In Past Week
FAA begins granting drone overflight waivers to large corporations
Once Again, Activists Must Beg the Government to Preserve the Right to Repair
Singapore government to tax some bitcoin transactions
Schools scanned students' irises without permission as part of public-private program