Home Kerry Lutz Podcasts Mark Skousen – Goodbye GDP, Hello GDE

Mark Skousen – Goodbye GDP, Hello GDE

November 5, 2013

Mark Skousen has finally won his battle. The government will now start tracking Gross Domestic Expenditures which Mark believes is a more accurate measure of actual economic activity. Under this measure, consumer spending drops from 70 percent of economic activity to just 30 percent. This can potentially have a dramatic impact on economic policy. Government might start looking at increasing investment spending and industrial investment.

Click Here to Listen to the Audio

Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.

Financial Survival Network (FSN) content is informational only and based on information available at the time of creation. It is not an offer or solicitation, nor does it provide investment, tax, or legal advice. It may not consider your specific financial circumstances or objectives and may not be suitable for you. FSN content is not a recommendation to buy or sell any securities. Readers should consult their own professional advisers and conduct their own independent investigations before making any investment decisions. FSN does not guarantee the accuracy or completeness of its content or any third-party information it uses, which has not been independently verified by FSN. Readers are cautioned not to rely solely on FSN content for investment decisions.

FSN and its owner may have financial interests in the companies discussed and may trade such securities without prior notice. FSN is funded by sponsor advertisements, with payments ranging from five to ten thousand dollars monthly. FSN does not charge its viewers/listeners/readers any fees. By accessing FSN content, users agree that FSN and its affiliates are not liable for any inaccuracies, omissions, or representations in the content provided.