The latest from USA Watchdog –
Bill’s latest interview with Andrew Maguire (Also posted under Interviews)
Bill’s Commentary:
“50 years ago, this number was .50 cents or less…”
It Took $5.8 In Debt To Generate $1 Of US “Growth” In The Fourth Quarter
We will have much more to say on the composition of yesterday’s first estimate of Q4 GDP which as we highlighted was a very ugly print, and only another quarter of extensive government spending (the 10th quarter in a row) and a record beat of consumer spending relative to expectations, prevented the GDP print from sliding into the 1% range…
… but even if one assumes that there was nothing abnormal about the number itself, the context in which it was derived was astounding. Here’s why.
Bill’s Commentary:
“Informed consent? Are you kidding me?”
The latest from Erik –
BillHolter.com 
Thank you pamelamoves@gmail.com
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