John Rubino returns to the program. The problem with the US economy is that there’s just not enough seasonal adjustments being made to the latest economic statistics. If only the folks at the government statistics mills could do more seasonal adjustments, everything would be fine. Perhaps China could learn this trick too and start their economy growing as well. In fact, why not just dispense with the actual numbers and create new ones out of thin air? Oh wait, that’s what’s they’re actually doing?
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