Economic data rolls on
Posted by Jason Apollo Voss on Oct 22, 2009 in Blog | 0 comments Chinese GDP China released its third quarter GDP figures today. They claim that their economy grew by 8.9%. [I say ‘claim’ because Chinese statistics are notoriously manipulated.] Additionally, there is evidence that the economy is becoming more self-supporting and requiring less government stimulus. In the aggregate revenues are rising and not just profits. Profits can rise due to...read more