Replies to post #214882 on 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

[limtex]

Things may not be all that good but surely they aren't all that bad either. I can't ever remember this man having anything positive to say and yet the markets are up all over the World except for Europe.

Sure there are some worries like the price of gasoline for instance but there are also some grewat things like Japan gettting on its feet again and India and Chine...thats most of the people of the planet in growing economies and set fair for that to continue for years to come.

L