Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

Dan, I'm reading Bill Bonner's book now. A pretty good read.
Thanks for posting his commentary.

>>"Ah...but there are different kinds of economies," we replied. "There's the kind of economy that makes people wealthy - in which people make things and sell them at a profit. And there's the economy that helps rich people get rid of their money...a consumption-led economy, with few factories, but plenty of credit and shopping malls.

"Unfortunately, most economists can't tell the difference. And the GDP numbers make no distinction between a productive, wealth-creating economy and a declining, wealth-consuming one. GDP only measures activity.<<

Can't he ever find anything to make me happy about?? gggg