Thursday, August 11, 2011

Expect the unexpected

Ben Breakthebanke
Is it me or have you also noticed that the word "unexpected" is used a lot lately. For instance inflation rose 2.1% in the second quarter, unexpected. Unemployment rises to 9.2%, unexpected. Quarterly GDP estimated at 1.9% reduced downward to 1.3%, unexpected. Between the economists and the politicians there is a growing body of evidence that suggests these clowns don't have a clue as to what they are talking about. I guess that is the only thing to be expected.

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